论非寿险投资型产品的性质、风险与监管

On the Characters,Risk and Regulation of Non-life Insurance Investment Product

保险公司的主营业务特性不同,其盈利模式和所面对的风险状况也就存在着较大的差异性,进而也决定着保险监管和风险管理措施的差异性。本文首先从保险公司经营业务的重新认识开始,明确了非寿险投资型产品的业务性质,进而通过比较传统产险业务和非寿险投资型产品的盈利模式和风险,指出非寿险投资型产品的"双重业务"性质所决定的"双重风险",并针对性的提出了非寿险投资型产品的监管建议。

Depending on the characteristics of main business operations, different insurance companies have diversified earning models and differentiated risk natures, which in turn dictates the differentiations in insurance regulations and risk management measures. Starting from a re-recognition of insurance companies＇ business operations, the paper then identifies the business nature of non-life investment-type insurance products. Through comparing the earning models and risk natures between those of traditional general insurance products and those of non-life investment-type insurance products, the paper also points out the ＂Dual Risk Nature＂ of the non-life investment -type insurance products as determined by their ＂Dual Business Nature＂. Finally, the paper also makes regulatory proposals specifically regarding different aspects of non-life investment-type products.