CAJ | 학술논문

现代保险公司已经将工作重心由承保业务转向投资业务，保险投资成为影响保险公司盈亏的最主要因素。保险公司作为重要的长期投资者，在金融市场上发挥着稳定市场的作用。近年来，各国保险资金资产配置结构随着经济增长和金融深化的发展而发生变动，全球金融危机的爆发短期降低了保险资金的持股比例，但高比例地持有长期性金融资产的基本格局并没有因此而发生根本性变化。相比之下，中国保险资金持有过多的银行存款。进一步丰富中国保险资金的投资渠道，提升中国保险资金的收益率水平，加强收益的稳定性十分重要。
현대보험공사이경장공작중심유승보업무전향투자업무，보험투자성위영향보험공사영우적최주요인소。보험공사작위중요적장기투자자，재금융시장상발휘착은정시장적작용。근년래，각국보험자금자산배치결구수착경제증장화금융심화적발전이발생변동，전구금융위궤적폭발단기강저료보험자금적지고비례，단고비례지지유장기성금융자산적기본격국병몰유인차이발생근본성변화。상비지하，중국보험자금지유과다적은행존관。진일보봉부중국보험자금적투자거도，제승중국보험자금적수익솔수평，가강수익적은정성십분중요。
Modern insurance companies have shifted focus to investment business rather than conventional underwriting business, and insurance investment has become the most important factor affecting the profits of insurance companies. As important longterm investors in the financial markets, insurance companies play a stabilizing role of the market. In recent years, with the growth of economy and the development of financial deepening, the insurance assets＇ allocation has changed. The breakout of the global financial crisis reduced the proportion of holding stock in the short-term, but the basic pattern of holding a high proportion of longterm financial assets has not altered. Compared to other countries, there is too much bank deposit in Chinese insurance assets. It is very important to enrich the investment tools and enhance the rate of return of Chinese insurance investment and stabilize it.