Study on the Optimal Investment Management of China Life Insurance Company Limited
Abstract
The investment of insurance funds is the main pillar of the insurance company's survival and development.If the investment were better,the solvency of the insurance companies would be higher,and higher the stability of insurance business.China Life Insurance Company Limited (hereinafter referred to as:China Life) is the largest commercial insurance group and is one of the largest institutional investors in capital market in China.In 2011,the total premium income reached 318276000000 yuan,market share of domestic life insurance business for 34.75%,the total assets reached 1.96 trillion yuan,and the total investment returned rate of 3.51%.With the development of the insurance funds to enter the capital market more and more deeply and widely,it not only increases profit point of growth,but also expands the business risk.This paper first introduces the main investment modes of insurance funds,bank deposits,bonds,funds and stocks,and other emerging investment mode,such as real property investment and overseas investment;secondly,from the China Life from 2008 to 2011 Annual Report of China Life insurance investment scale,structure and profit situation;thirdly,pointed out existing problems in Chinese Life insurance investmen,such as the rate of investment income is low,investment structure is irrational,the duration of assets and liabilities matching degree is not high, new investment has not yet fully played its role,and analyses the reasons for these problems;finally,combined with China's investment environment and the status of China Life insurance,it summarizes and puts forward the main optimization strategies.
Key words: China Life Investment mode Investment profit Matching management