保险公司利润路径实证研究

【作者】 陈之楚； 马庆强；

【机构】 天津财经大学金融系；

【摘要】 国内对保险公司利润是来源于承保业务还是投资业务存在着争论。本文选取世界上具有代表性的60多家保险公司为样本,对其财务数据进行了严密的实证分析。研究表明,成熟市场条件下,保险公司利润来源于投资业务。但我国保险公司在承保业务方面尚有巨大的发展空间。此外我国保险公司也存在着成本费用较高、投资收益率低以及偿付能力不足等问题。基于此,本文提出了我国保险公司的利润路径和相关建议。更多还原

【Abstract】 There has been a controversial practice in China that whether insurance profit should be derived from underwriting or investment. We collect finance data from more than 60 insurance companies to make a strict and empirical research.The study shows that the profit of companies in developed market mainly relies on investment,while Chinese insurance industry has great potential for underwriting business.We also find out domestic companies all share the similar problems like high cost level,low investment yield and solvency ratio.So we make suggestions on profit path and related solutions of insurance industry in China based on our study.更多还原