摘要
金融危机过后,监管机构开始重视逆周期监管。逆周期监管主要有资本类监管、风险类监管、机制类监管和杠杆类监管机制,本文主要从资本类监管机制出发来分析保险公司的资本配置。经济资本作为一种风险和财务相融合的资本概念,经济资本可以广泛地应用于内部资本充足率管理和价值创造管理,为保险公司的关键决策提供依据尤其值得我们进行研究。但是经济资本具有一定的亲周期性,本文将RAROC引入保险公司经济资本的配置中,分析了应怎样进行经济资本的配置减少经济资本的亲周期性。
After the financial crisis,regulators start to focus on counter-cyclical regulation.Reverse cycle regulatory includes supervision of the capital class,regulatory risk class,class of mechanisms of regulation and leverage the monitoring mechanism.This paper mainly analyzes the insurance company's capital allocation from the capital class regulatory mechanism.As the integration of risks and finances the economic capital can be widely applied to the internal capital adequacy ratio management and value creation management which provides judges for the key decisions of the insurance company,and is especially worthy of our study.However,the economic capital is certain pro-cyclical.This article introduces RAROC into insurance company of economic capital allocation,and analyzes how to allocate economic capital to reduce the economic capital of the pro-cyclical.
出处
《保险职业学院学报》
2012年第2期24-28,共5页
Journal of Insurance Professional College
关键词
逆周期
经济资本
亲周期
Counter-cyclical
Economic capital
Pro-cyclical
