内含价值与寿险监管的关系研究  

The relationship between embedded value and life insurance supervision

作　　者：李晓林[1] 王慧心[1] 

机构地区：[1]中央财经大学,北京100081

出　　处：《保险研究》2007年第12期63-66,共4页Insurance Studies

基　　金：教育部人文社会科学重点研究基地重大项目(04JJD790006);教育部规划项目(01JA790090)的部分成果。

摘　　要：内含价值是衡量寿险公司和整个寿险业发展状况的重要工具,而能够动态评价寿险公司经营实际状况的核心指标是公司有效业务价值在未来时间上的分布。在目前尚无有效业务价值分布的评价体系的情况下,内含价值评估的引入有助于从动态的角度评价寿险公司经营的实际状况,有助于反映寿险公司未来的实际偿付能力,可以弥补偿竹能力监管的不足,但内含价值的自身局限决定了其不能作为寿险监管的决定性指标。Embedded value is an important tool to evaluate life insurance companies and the status of the whole life insurance industry. And the core parameter in dynamically evaluating operational situation of life insurance companies are the distribution of the value of in-force in the future. With an absence of value of in-force distribution at the time being, the introduction of embedded value helps to evaluate actual operation of life insurance companies from a dynamic perspective, demonstrate actual solvency margin in the future and compensate for the inadequacy of regulatory solvency margin supervision. But the limitation of embedded value decides that it cannot be used as a decisive indicator for life insurance supervision.

关 键 词：内含价值 寿险监管 有效业务价值分布 

分 类 号：F840.62[经济管理—保险]