Market Risk Management Research Of Insurance Funds In China

The rapid development of the insurance industry has always been accompanied by market risks,and the increasingly open market has also placed higher demands on the risk management of insurance companies.At present,the reform and development of the insurance industry is facing new opportunities.The field of insurance asset allocation is continuously broadening,and the proportion of insurance funds is gradually being liberalized.Participating parties in the capital market have more independent choices in investment,and the market is full of vitality and stimulates investment activities.Innovation.In recent years,large-scale licensing of listed companies by insurance companies has aroused widespread concern in the market.In the past,insurance companies had never participated in this kind of large-scale participation in the secondary market.The attitudes of the market are mixed and the market impact is still relatively large.It is necessary to always be alert to the changes in the market risk.The establishment of the China Banking Regulatory Commission further means that the financial supervision structure has officially entered the era of "one line and two meetings." Under the current second-generation supervision system,the government tends to be rigorously supervised to improve the effectiveness of supervision.Insurers need to respond to various investment risks according to their investment preferences and manage market risks so as to obtain greater investment returns.This article first introduced the relevant theories of the use of insurance funds and market risk management,and focused on the analysis of the status quo of the use of insurance funds and market risk management in the United States.Then it reviewed the development history of the use of insurance funds in China and summarized relevant experiences and problems in the development process.Through the study of the characteristics of the use of insurance funds in the United States,combined with the specific practice of the use of insurance funds in our country,we get relevant inspiration.Secondly,taking Xinhua Insurance as an example,we use VaR's related theories to conduct empirical research to measure the market risk that the company has faced in the last three years,focusing on the market risk composition in 2016,and evaluating the market risk management of Xinhua Insurance Company.There are still major problems in market risk management.Finally,based on theoretical analysis and empirical research,we propose positive measures to deal with market risks from both government and company perspectives,maintain the stable operation of insurance companies,and control market risks scientifically and reasonably.