金融结构调整中的保险效应分析

Insurance Effect Analysis in Financial Structure Transition

研究发现,现行投融资格局造成货币性资产主导,风险向银行集中;储蓄存款非均衡分布制约了对保险等非货币性金融资产的需求;保险与银行资金来源和运用错配源于资本市场不发达和信贷需求结构的调整。本文在分析我国金融结构变迁历史、存在问题与原因,并结合发达国家保险业在金融结构调整中的地位与作用后,提出了加深保险业对金融市场的参与度,促进保险与货币市场、资本市场协调发展,构建以保险集团为主的跨业策略联盟等政策建议。

Recent studies found that： first, present financial structure makes the monetary assets possess the disproportionate large quotient and banking industry undertakes high excess risks; second, disequilibrium distribution of savings hinders the progress of non- monetary assets such as insurance; third, sub- developed capital market and adjustment of credit demand leads to the mismatching of both insurance and banking industry assets and liability. This paper focuses on the existing dilemmas, history of financial structure transition and experience of developed countries, and then resolves to the solutions including deepening the participation of insurance industry with financial markets, establishments of trans - industry strategic partnership led by insurance holding companies to promote co- operation among insurance, capital market and monetary market.