Research On The Investment Efficiency And The Influencing Factors Of Chinese Insurance

The company selling insurance contracts and providing risk protection is calledinsurance company, the insurance company is an important part. It holds greatsignificance for the macroeconomic.Insurance companies play an important role inspreading risks, allocating funds and keeping social stability. After China carried outreform and open policy, the insurance industry has been developing rapidly. By theend of2012, the annual premium income reached1.55trillion yuan, which increasedby8%year on year. And the total assets is7.35trillion yuan, which increased by22.9%compared to the beginning of this year, the indemnity and payment of theinsurance company reached471.63billion yuan through an increase by20%. year onyear. In many major disasters,such as the7.21Rainstorm in Beijing and "Bolaven",the insurance industry fulfilled the payment obligation all right.But the economicbenefits of China’s insurance industry are still not satisfactory, the contribution of theinsurance industry to the national economy has not reached the level which it shoulddo, one reason is the relatively low efficiency of China’s investment in the insuranceindustry, especially the western developed countries’ ability to use insurance funds ismuch better than ours.As the development of insurance funds to invest in our countryis relatively backward, the competitiveness of our insurance industry has beenseverely weakened. For a long time our insurance companies’ practices to pay muchattention to speed and scale，in order to improve the international competitiveness ofour insurance industry.Firstly, the background, significance and methods of the research are described;secondly the theories of insurance company funds investment operations aresummarized; thirdly, based on the status quo of China’s insurance capital investmentefficiency,this article uses DEA method to measure investment efficiency of25insurance companies from2007to2012, and describes and analyzes the outcome.Finally, conclusions is reached through regression analysis on the influence factorsaccording to the article, there are several suggestions which we hope to be helpful to further improve the capital efficiency of insurance companies.