保险公司资产负债管理及与银行的比较

Asset liability management of insurers and the comparison with banks

保险公司资产负债管理与银行面临许多共同的问题和挑战,并且很多理论和技术都是从银行借鉴而来。保险行业的特点决定了保险公司资产负债管理的特殊重要性,如资产业务的地位、资产期限结构、负债的决定因素、评估方法等方面与银行存在显著的不同。保险业应该从战略的角度来认识和理解资产负债管理,使其得到应有的重视;对保险公司资产负债管理制定明确的目标,使其切实发挥作用;注重从资产和负债两个方面加强保险公司资产负债管理;合理选择和确定保险公司资产负债管理的模式。

There are many similarities and similar challenges between asset liability management of banks and insurers. Many theories and technologies of insurers in this aspect were borrowed from banks. The characteristics of insurance business determines the particular importance of asset liability management for insurers, therefore the role of capital operation, duration structure of assets, determinants for liabilities, and appraisal method in insurance companies are all significantly different with banks. The insurance industry should perceive the issue of asset liability management from the strategic point of view, and pay due importance to it accordingly. Insurers should have specific target on asset liability management, strengthen management of both assets and liabilities, and select an appropriate asset liability management model.