The Research On Financial Risk Management Of Insurance Companies

With the improvement of social and economic development and integration of people’s risk awareness, insurance industry in recent years has made progress by leaps and bounds. Until 2012, a total of six insurance group,93 insurance companies, insurance asset management companies 5, which the Chinese funded insurance companies occupied half of the, the annual insurance premium income of RMB 20234.8 one billion yuan, the original insurance claims paid for 7216.2 one billion.2014 second half of the year issued a new "national ten" and general office of the State Council have released on speeding up the development of commercial health insurance in a number of opinions, which for the development of the industry to create a good policy environment, the insurance premium income is expected to growth of around 17%.The premium income in the first quarter of 2015is an increase of 22.89%, reaching a new level of insurance industry. With the new "ten countries", the insurance industry do need the construction of economic and social development task. In the economic society is full of uncertain factors, these factors have a chance and randomness.For the initial into the economic risk society Chinese,the insurance industry will become the mainstay of the society.In the next period of time, there will be more and more insurance companies entered the market, the differentiation competition of insurance market will increasingly prominent. But from the point of view of the actual situation of China’s insurance market, the insurance market of our country has been are monopolized by China life, Ping An of China, the Chinese people insurance, Xinhua insurance several large insurance companies, and other insurance companies to think in the insurance market share a cup of a thick soup must be greater efforts to pay, especially some just into the city’s insurance company. In the training of the insurance company and brand personality at the same time, more attention should be paid to the risk management and keep track of changes in the company’s financial information, make timely adjustments, so as to make the insurance company get a quick and effective development.At first, the article introduces the research background and significance of the research, and then to the domestic and foreign literature was summarized and reviewed, in to sort out the relevant research results based on the introduced the research methods and ideas of this article, followed by the number of columns in the basic theory of risk and financial risk. The method of combining theory analysis with case study, in the theoretical explanation based on the case study analysis, summarized the status quo of China’s insurance industry as a whole and the financial risk cause of formation. Again in 2012 the newly established Soochow Life Insurance Co., Ltd as the research object, in that are involved in the financial risk management of the concept, theoretical basis, analyzes the Soochow life insurance company’s financial risk management status, financial index data, according to the risk identification, risk analysis and risk assessment related knowledge that Soochow life financial risk management of the existing problems and shortcomings. On the basis of Soochow life original financial risk planning process design a 3D model, as far as possible to improve the original process of financial risk management, omissions and deficiencies. And put forward to improve the internal management mechanism, do the financial budget of the company, improve the utilization of the funds, strengthen all aspects of internal control, provide a reference for risk management of Soochow life insurance company and even the whole insurance market and also for the future researchers for reference of the theory. In later development, Soochow Life Insurance Co., Ltd. to domestic and foreign insurance companies par learn from their successful experience, and according to its own characteristics, develop effective risk management strategies.