摘要
美国保险业运用衍生金融工具的历史和现状对我国保险业的启示是多方面的。利率、汇率、通胀率波动风险是保险业面临的主要系统风险。美国保险业的发展已经证明,必须要有效利用保险机构在衍生金融工具运用中的规模优势,充分运用衍生金融工具高效、灵活的特点,合理构造各种投资组合,并为特定的个性化负债产品对冲风险。我国目前保险产品结构像美国20世纪70-80年代的一样,正从传统储蓄型、保障型产品为主,向保障型、投资型产品为主转变。我国监管机构和保险公司应该积极研究衍生金融工具的运用,加强产品创新,加强保险公司的竞争实力。
The enlightenments of American insurance industry exploiting financial derivative instruments in the past and at present for China＇s insurance industry are rich in many respects. Fluctuation risks of interest rate, exchange rate, inflation rate are the main systematic risks before insurance industry. The development of American insurance industry has shown that it＇s necessary to make effective use of scale advantage of insurance institutions in using financial derivative instruments, to take full use of efficient, flexible features of financial derivative, to build rationally investment portfolio and to set off the risk of particular individualized liabilities products. The structure of Chinag insurance products, like that of the United States in 1980＇s and 1990＇s, is changing from traditional saving, ingtyped dominance structure to that of safeguarding, investment -typed. It＇s compulsory for China＇s safeguardregulatory bodies and insurance companies to make positive research on the exploitation of financial derivative instruments, strengthening product innovation, strengthening the competition strength of the insurance companies.
出处
《河南金融管理干部学院学报》
2007年第4期108-112,共5页
Journal of Henan College of Financial Management Cadres
基金
上海社会科学基金资助项目(2006BJL004)
关键词
中国保险业
衍生金融工具
美国保险业
China＇s insurance industry
financial derivative instrument
American insurance industry
