VAR约束下我国保险公司投资风险管理

【Abstract】wWw.shuoshilunwen.com Since the 1970s,with the outcoming of financial instruments, Insurance competition is fierce. Insurance profits is always fall. The insurance regulatory agencies and the insurance company will continue to meet the new market circumstances, comprehensively to strengthen the investment. In recent years, china insurance investment scale and investment breed he the rapid development.To expand the channels of the insurance investment has played a forceful role for the insurance company ranked among the capital market, the capital market is becoming an increasingly important source of profits to the insurance industry.However, insurance investment is a double-edged sword, it gives china’s insurance industry many benefits,meanwhile brings many risk. Therefore, the investment risk management study is very meaningful for stable and healthy development of our Insurance industry.Firstly,this article comprehensively introduces important theory of insurance investment,inciding the meaning of the insurance investment.the source of fund and feature, present situation and points out risk of our insurance company,and analyze the reason of risk. Secondly, this article introduces the present situation of insurance investment risk management, and has chosen three advanced the investment risk management theory. The article concluded that combining combination investment management theory and VAR can service china’s insurance investment risk management all the better, and then builds up the model adapted to our insurance investment and give a solution. Finally, this article studies China life, shows the range of investment in the very level. The range can let the insurance company t to determine the appropriate value and the corresponding VAR. To achieve the objective of risk management,if you expect to profit for the insurance company,you can select higher VAR value;If investors hate the risk, you can select a low VAR.