| China has entered a severe aging society.How to properly deal with the difficulties caused by the aging population has become a difficult issue for the Chinese government.Traditional home-based care service mode is difficult to meet the current situation and the future development trend of the elderly population in China.In addition,there is a huge difference between supply and demand of old-age beds under current community nursing service mode.Now every 1,000 old people can only have about 30 old-age beds.Therefore,the government introduced a series of policies to encourage insurance companies to enter into the pension industry and invest in the construction of old-age communities.The investment and construction of the old-age community will effectively alleviate the elderly care problem.The purpose of this paper is to provide the life insurance companies in China with reasonable suggestions regarding old-age community investment.On the one hand,this will help life insurance companies with implementing a diversified investment strategy,diversifying investment risks and optimizing capital structure.On the other hand,it will be beneficial to develop China’s pension industry and alleviate the pressure and problem caused by population aging.On the basis of studying a number of relevant research literatures,the author of this article uses SWOT analysis to carry out a deep research and analysis on retirement community investment projects of life insurance companies.Additionally,through analyzing typical domestic and international cases of retirement communities,this article presents a good prospect of Continuing Care Retirement Community in china.At the end of this paper,the author provides China’s life insurance company with several suggestions regarding investing in retirement community: obtaining strong support from the government;establishing a strict risk control system;adopting a diversified profit model;designing annuity insurance products which match with the old-age community;training personnel who can service for the retirement community. |
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