基于风险管理结构视角的保险投资策略研究  

Study on Insurance Funds Investment Strategy Based on Risk Management Structure

作　　者：郭祥[1] 李晨[1] 

机构地区：[1]对外经济贸易大学保险学院,北京100029

出　　处：《保险研究》2012年第10期64-68,共5页Insurance Studies

基　　金：国家社科基金重点项目(11AJY014);教育部人文社科基金规划项目(10YJA790190)资助

摘　　要：保险公司风险管理能力与监管机构监管行为对保险资金运用活动产生影响,最终确定了保险公司的最优投资策略。本文以保险公司投资活动与监管约束为分析要素,以风险管理结构涵盖保险公司风险管理能力,以包含风险管理结构的责任准备金制定表示监管行为,并定义了最优保险投资策略,进而分析风险管理结构、责任准备金制定对最优保险投资策略的内在影响机制。基于风险管理结构的责任准备金制定促使保险公司选取最优投资策略并实现相对应的风险管理结构,监管部门也获取了投资信息并增加了信息的透明性。The use of funds in insurance companies is impacted by risk management capabilities and regulatory actions, which ultimately determines insurance company＇s optimal investment strategy. Taking insurance company investment activities and regulatory constraints as analysis elements, this paper defined and analyzed the impacts on risk management structure and liability reserve to optimal insurance investment strategy, after taking risk management structure as risk management capabilities, and taking liability reserve based on risk management structure as regulatory behavior. Liability reserve calculation based on risk management structure prompted insurance companies to select optimal investment strategy and appropriate risk management structures. Meanwhile regulatory authority could obtain investment information and increase the transparency of information.

关 键 词：投资策略 风险管理结构 责任准备金 

分 类 号：F840.4[经济管理—保险]