Research On The Utilization Of Life Insurance Funds By Ping An Insurance Company

Since the reform and opening up,China's economy has been developing rapidly,and the insurance industry has been growing continuously.In the era of vigorous economic development,it is of great significance for us to better understand and promote the development of China's insurance industry to further study how the funds of the insurance industry are used.The modern insurance company is a comprehensive financial institution with underwriting business and investment business as its two pillars,and these two businesses are the main source of the profits of the insurance company.Behind the domestic insurance industry in recent years is in high growth,but there are concerns that insurance companies in our country lags behind developed countries in the use of insurance funds of insurance companies,mainly domestic insurance company profits depend on Yu Chengbao business,but in the long run is not enough to push the insurance company underwriting profits long-term stable growth,capital operation,business development is relatively backward,nothing to improve the profits of insurance company to bring more contribution,and asset liability mismatch,yield is low,the channels of fund use less of capital operation,unreasonable structure of capital operation,capital operation risk management system is imperfect,and so on.Based on the use of ping an insurance company in terms of life insurance funds problem as the research object,in recent years our country has introduced new policies of insurance funds investment and macroeconomic environment as the background,on the analysis of the present situation of application of ping an insurance company life insurance capital,on the basis of the study found that the size of its life insurance fund use in improving problems the following several aspects at the same time,under the condition of life insurance funds investment rate is low in recent years,there is still a downward trend;In the low interest rate market environment,the structure of life insurance fund is unreasonable and the investment channel is relatively single.Mismatching of assets and liabilities exists in capital utilization;The company did not establish a reliable risk management system.These problems affect the efficiency of using life insurance funds of ping an insurance company and reduce the income level of using life insurance funds.To solve the above problems,based on the asset liability management theory and portfolio theory as theoretical basis,on the basis of analyzing the present situation of life insurance fund use,for the life insurance fund use environment,investment channels,the structure of the portfolio and risk management,etc.,put forward to improve and improve fund use efficiency optimization Suggestions,including to set up a based on the application of asset liability management of life insurance capital system;Markowitz model was used to construct the optimal investment portfolio suitable for the life insurance funds of ping an insurance company,and compared with the actual portfolio structure of ping an insurance company,the structure of life insurance funds of ping an insurance company was actively improved.Actively develop new investment channels for the use of life insurance funds;Further strengthen the construction of the company's risk management system.It is hoped that the above improvement Suggestions can help ping an insurance company improve the use efficiency of life insurance funds.