【作者】 吴莉云；

【导师】 陈建明；

【作者基本信息】 河海大学 ， 产业经济学， 2003， 硕士

【摘要】 在寿险市场竞争日趋激烈的今天，寿险投资已成为寿险公司弥补承保亏损和追求高效益的主要途径。寿险投资的效果不仅影响了寿险公司产品的定价和公司的经营绩效，同时还决定了寿险公司的偿付能力及其市场竞争力。寿险投资已成为寿险公司经营的主要内容之一。 我国的寿险业由于发展起步晚，寿险投资尚处于初级阶段。投资渠道狭窄，投资收益率低下，同时还面临严重的利差损问题。加入WTO后，国内寿险公司面临着资金实力雄厚、技术专业化的国际保险集团的挑战。如何拓宽我国寿险投资的渠道，提高寿险投资的效益，并防范和化解寿险投资的风险，确保几十年后寿险公司面对巨额的累积责任时有足够的偿付能力，这正是本文要研究的内容。 本文首先概述了我国寿险业和寿险投资的发展历史和现状，指出了寿险投资在我国寿险业发展中的重要地位。接着论文围绕寿险投资与资本市场的关系，分析了寿险投资的方式，并运用现代投资理论对寿险投资组合进行深入分析，同时对各国的寿险投资进行了比较研究。在此基础上，论文在完善我国资本市场的假设前提下，对我国的寿险投资方式进行了实践上的探讨。最后，论文通过对寿险投资的风险分析，从宏观监控和微观控制两方面探讨建立我国寿险投资风险管理体系。更多还原

【Abstract】 Today, the competence of life insurance market is become more and more intense, life insurance investment is become a main channel of life insurance company make up for a loss of accept guarantee slip and get high profit. The result of life insurance investment not only affect the product’s price of life insurance company and company’s manage merit, but also decide the life insurance company’s solvency and its market competition ability. Life insurance investment is become one of the main content of life insurance company’s management.Because life insurance industry of China developed too late, life insurance investment is only in junior period of development. The investment channel is narrow, the rate of investment income is low, and it faced with severe problem of deficit for rate balance too. After entering WTO, life insurance company of China is being faced with challenges of many international insurance companies with large funds and specialized technique. How to develop the channels of our country’s life insurance investment and raise its beneficial results, prevent and transform its risk, ensure that life insurance companies have sufficient solvency when they are faced with large accumulated liabilities after dozens years, which is the paper tried to study.Firstly, the paper describes the develop history and present situation of our country’s life insurance industry and life insurance investment, points out that life insurance investment has important status in the development of our life insurance industry. Secondly, centering on the relations of life insurance investment and capital market, the paper analyzes the way of life insurance investment, and its combination with modern investment theory, meanwhile, the paper compares the life insurance investment overseas. Then, the paper make an inquiry into life insurance investment channels from practice under the suppose of develop our country’s capital market. Finally, through the risk analyze of life insurance investment, the paper establishes the risk management system of our country’s life insurance investment from macroscopic supervision and microcosmic control.更多还原