保险公司投资比例问题研究  

A Study on the Investment Proportion of Insurance Company

作　　者：秦振球[1] 俞自由[1] 

机构地区：[1]上海财经大学金融学院,上海200433

出　　处：《财经研究》2003年第2期41-47,共7页Journal of Finance and Economics

摘　　要：承保利润和投资利润是保险公司的两大利润源泉,本文把两者结合起来,先建立一个保险公司最优投资比例的理论模型,然后运用该模型从理论上推算出中国保险投资的最优比例。这一比例和保险公司的实际投资比例存在差距,主要表现在对风险性较高的证券投资基金不敢轻易投资。最后分析形成这种差距的原因,并提出改变这种状况的相应建议。Underwrite profit and investment profit are the two major sources of profits for insurance companies.This paper established a theoretical model of the optimal investment proportion for insurance company by combining the two abovementioned profits.Applying the model,the optimal investment proportion of Chinese insurance companies has been calculated in theory.There exists a difference between optimal investment proportion and realistic investment proportion of investment company,which is mainly manifested by the reluctance to invest in the securities investment fund with high risk.Then the author analyzes the causes of difference between them,and puts forward corresponding suggestions for it.

关 键 词：理论模型 理论投资比例 实际投资比例 

分 类 号：F840.32[经济管理—保险]