Research Analysis On Insurance Funds Portfolio Management

In recent years,China's insurance market has developed rapidly and the capital scale has maintained a relatively high growth rate.The total assets of insurance funds have increased from 1.97 trillion in 2006 to 16.75 trillion in 2017,with an average annual growth rate of 21.48%.The insurance industry has developed into one of the most promising industries in China.As a social economy booster and stabilizer,insurance funds,the operation of insurance companies and the use of insurance funds have received great attention.According to the insurance development path of developed countries,we can see that due to fierce market competition,the underwriting profit space has become smaller and smaller,so the investment business has become important for an insurance company.With the development of the insurance industry,the use of insurance funds has become a self-contained system and has become an important way for insurance companies to realize profits.At the same time,there are also some problems in the process of investment in insurance funds.For example,some small and medium-sized insurance companies actively develop products such as short-term insurance and high-return universal insurance,making the cost of insurance funds at the liability side increase.In order to cope with the pressure of repayment,these companies have put their accumulated insurance funds into the capital market,frequently licensure listed companies,and even the phenomenon of insurance funds short-term speculation in stocks,all of which pose a threat to the safety of insurance funds.How to make rational use of insurance funds has become worth studying problem.This article mainly attempts to analyze the status of investment management of China Taiping Insurance Company through research and analysis,and explores ideas and optimal investment for the use of funds in China's insurance industry under the financial deepening reform,China Insurance Regulatory Commission's opening up of investment channels and regulatory ratios,and China's current economic and financial environment.This paper firstly introduces the basic principles of insurance fund investment and the principles of insurance fund application.Then it analyzes and summarizes the status of domestic and international insurance fund use,and compares and finds the insufficiency in the use of insurance funds in China.Then,we analyze the investment portfolio of China Taiping Insurance Company,adopt an empirical research method,and establish a mean-variance model.Under the premise of considering risks and benefits,we combine the financial market of China's insurance companies with the investment status of insurance companies in China.The operation status of the company is proposed to meet the current optimal investment ratio of China Taiping Insurance Company's capital investment,and based on the actual situation,the difference between the optimal investment ratio and the actual investment ratio is analyzed.Finally,on the basis of the analysis results obtained,proposals are made to strengthen asset-liability matching management,strengthen deadline-matching risk management and corporate governance.