我国养老保险公司风险偏好传导机制研究——基于经济资本计量视角  

Risk Appetite Conduction Mechanism of Pension Insurance Company in China——Based on economic capital measurement perspective

作　　者：马驰[1] 甄贞[1] 

机构地区：[1]中国人民大学财政金融学院,北京100872

出　　处：《保险研究》2013年第12期105-115,共11页Insurance Studies

摘　　要：2010年保监会出台了《人身保险公司全面风险管理实施指引》,明确要求在中国境内注册的养老保险公司参照执行。我国养老保险公司的主营业务是信托型企业年金业务和团体人身保险业务。如何结合自身的业务特点,建立覆盖业务条线的全面风险管理体系,是摆在各家养老保险公司的重要命题。本文采用全面风险管理(ERM)的方法论为框架,识别和评估养老保险公司经营管理过程中面临的主要风险,提出了我国养老保险公司基于经济资本计量建立风险偏好体系的建议,论述了养老保险公司经济资本计量与风险偏好体系的联动效应和作用机理。In 2010, CIRC enacted the ＂Life Insurance Company Enterprise Risk Management Implementation Guide＂ and required pension insurance companies registered within the territory of China to follow it. Pension insur- ance companies in China focus on the trust-type enterprise annuity business and group personal insurance busi- ness. How to establish a comprehensive risk management system covering the entire business lines is an important problem all pension insurance companies face with. This paper used the enterprise risk management （ERM） meth- odology as the framework to identify and assess main risks of pension insurance companies in their management and operation processes. It proposed that pension insurance companies should establish a risk appetite measurement sys- tem based on the parameter of economic capital. It then discussed the linkage effects and mechanism of action be- tween the economic capital and risk aooetite svstern.

关 键 词：养老保险公司 全面风险管理 经济资本 风险偏好 

分 类 号：F842[经济管理—保险]