Life insurance company risk management

Author: Wang Yijia
Publisher:
Publish Date: 2003-10-01
Features: The book "Risk Management of Life Insurance Companies" was co-authored by senior risk management experts and scholars from China Life Insurance Company, AIG, Tsinghua University, and other renowned international insurance institutions and universities. The writing of this book reflects the rich knowledge and experience of all the authors, who dedicated significant personal time to complete this research. The content is comprehensive, the viewpoints are clear, and it embodies their hard work. It holds important practical value and reference significance for comprehensively improving the business quality and management level of life insurance companies and their personnel. The book consists of seven chapters, closely integrating the cutting-edge theories and practices of risk management in the modern life insurance industry, striving to highlight its forward-thinking, professionalism, practicality, and comprehensiveness.
The book begins with the fundamental concepts and principles of risk management, examining the organizational structure, operational models, and management processes of risk management from the perspective of life insurance companies. It then uses specific risk evaluation indicators to measure, analyze, evaluate, and control the overall risk, asset-liability matching risk, liquidity risk, investment risk, and other risks of life insurance companies. On this basis, it explores the design and pricing of insurance products and risk avoidance issues. Finally, it analyzes the development trends and changes in risk factors in the domestic and international life insurance industries and proposes suggestions and ideas for the development of risk management in China's life insurance industry based on the actual situation of China.
The publication of this book is timely and fills the research gap in risk management for domestic life insurance companies. Vice Chairman Wu Xiaoping of the China Insurance Regulatory Commission, General Manager Wang Xianzhang of China Life Insurance (Group) Company, Chairman Guo Guoliang of New China Life Insurance Company, and Supervisor Song Fengming of Tsinghua University have all highly praised the book. We believe that as a rare reference book for insurance managers and practitioners, its publication will make a unique contribution to the steady and healthy development of China's life insurance companies.