Study On The Quality Of Information Disclosure Of The Great Life Insurance Company

Improving the quality of information disclosure of the insurance companies will allows their operational risks to reduce, at the same time it is great of significance to improve the efficiency of government regulation and improve the efficiency of market allocation of resources. But for China, the development of the insurance business is not mature. In addition, the domestic market economic capital allocation mechanism and some auxiliary facilities are imperfect. These reasons caused there are many defects in the information disclosure and regulation of relevant departments. Due to most of our domestic insurance companies are listed insurance companies, their quality of information disclosure are all different. So in this article, we want to find the unlisted insurance company financial information disclosure problems, through the study of the Great Life insurance company financial information disclosure. Through the way of case analysis, we will explore the causes and put forward the corresponding reform measures. It looks forward to taking this as a warning for the reforms of this industry in the future in order to improve the quality of the financial information disclosure of unlisted insurance company as well as guarantee the legal rights of shareholders. Thus, the development of the insurance industry can be promoted and the operating efficiency of the insurance market will be enhanced.The paper studied the relevant research results of the domestic and foreign research insurance company information disclosure. According to the mentality from theory to the case study, we deeply research the way of analysis and improvement of the quality of unlisted insurance company’s information disclosure. The paper focuses on the whole the Great Life insurance company’s quality of information disclosure. At the same time, we analyze the quality requirements from four aspects as authenticity, timeliness, integrity and compliance. Then, for the existing shortcomings of the information disclosure and the characteristics of the Great Life insurance company, the paper points out the internal and external factors from the two angles. In addition, from the promotion of the Great Life insurance company information disclosure, we are prepared to put forward some proposals and solving measures to policy makers.