Research On Invest Risk Prevention Ping An Insurance Company Of China To Real Estate Enterprises

With the rapid development of China’s economy since the reform and opening up in the past 40 years,the insurance industry has also experienced a relatively rapid development,the scale of insurance premiums expands,and insurance funds based on insurance premiums also participate in the capital market investment with higher amount and deeper degree,among which a lot of investment in real estate enterprises.On the one hand,the real estate industry is related to the national economy and people’s livelihood,with steady growth and low valuation.Moreover,real estate enterprises can bring stable and sufficient dividend returns for insurance funds.However,on the other hand,insurance capital is not absolutely reliable for equity investment in real estate enterprises,and there are certain investment risks.All kinds of risks have their classification,sources and prevention measures.Under the current economic background of real estate industry regulation,it is of practical significance to explore the prevention of investment risks in real estate enterprises invested by insurance funds.Based on the theory of asset and liability management,this thesis takes the case of Ping An Insurance Company of China(Ping An Insurance)’s investment in China Fortune Land Development(CFLD)"Thunderbolt" as an entry point.Firstly,the thesis analyzes the evolution,current situation and characteristics of insurance investment,and analyzes the specific cases of Ping An Insurance’s investment in CFLD,Jinmao and Country Garden.Secondly,the thesis stands in the angle of investors,as the investment risk of investment of case is classified as environmental risk,credit and default risk,management risk and risk of exit,explores the cause behind all kinds of investment risks,and uses qualitative analysis and quantitative analysis,Markowitz investment model to evaluate the investment risk.Finally,on the basis of the existing measures and risk prevention and control system,this thesis puts forward corresponding risk prevention measures for each cause of the risk of insurance capital investment,which provides a measure reference for Ping An China.The thesis summarizes the practical risk classification as well as a more comprehensive assessment of all kinds of investment risks in the study of investment,creatively puts forward signing bet agreement,strengthening financial management,improving the decision-making responsibility system and improving the market management risk prevention measures.The case analysis of Ping An Insurance investment risk provides practical enlightenment for other insurance enterprises in the use of insurance funds.