Research On The Countermeasures Of The Interest Rate Risk Of Life Insurance Companies China

August 2013, China Insurance Regulatory Commission announced the general type of ginseng scheduled interest rate decision by the insurance company in accordance with the precautionary principle itself, no longer performs 2.5% of the upper limit. Meanwhile, the 3.5 percent interest rate as a benchmark to assess the move means that the domestic life insurance companies to enter the pre-stage of the interest rate market. According to eighteen Third Plenary Session "decision on deepening the reform of the overall number of major issues," the interest rate market is an important direction for future financial market reform, which means that domestic life insurance companies in the future to face the major challenges of the interest rate market. As we all know, the life insurance company’s management is very sensitive to interest rates, changes in interest rates on the insurance company’s assets, liabilities, product demand and investment income etc will produce different effects, face to carry out a predetermined interest rate market and interest rate market upcoming, how domestic life insurance company’s management will be transformed with the response, this is very important.Contents of this paper consists of six parts. The first part is an introduction. This paper describes the background, purpose and meaning, current research and research content and methods. The second part is the life insurance company to interest rate risk and its manifestations. Firstly, the definition of life insurance companies interest rate risk characteristics and identification basis; secondly, the life insurance company explained the formation mechanism of interest rate risk; Finally, the analysis of the three major forms of life insurance companies interest rate risk. The third part analyzes the impact of interest rate risk on the life insurance company. Combined with the actual situation of China’s life insurance company, to analyze the impact of interest rate changes on five aspects of the life insurance company’s asset management, debt management, asset liability management, product demand and investment income and other pairs. The fourth part is the Chinese life insurance companies interest rate risk management problems. Collect relevant data on the current status quo of life insurance companies and interest rate risk management problems in a detailed analysis. The fifth part of the foreign life insurance companies to deal with interest rate risk experience. British and Japanese life insurance companies described the experience and practices in response to interest rate risk, and to sum up the introduction. The sixth part of Chinese life insurance companies to deal with interest rate risk countermeasures and suggestions. Through the above analysis and discussion, management and the external environment from within the two aspects of Chinese life insurance companies respond to interest rate risk corresponding countermeasures and suggestions.