论非寿险投资型产品的性质、风险与监管

The nature of non-life investment type products and their risks and regulation

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",并针对性地提出了非寿险投资型产品的监管建议。

Due to different characteristics of different types of insurance businesses, insurance companies differ with each other in terms of their earning models and risk profiles, which in turn dictates the differentiation in insur- ance regulations and risk management measures. Starting from a re-recoguition of insurance companies＇ business operations, the paper defined the business nature of non-life investment-type insurance products. Through compa- ring the earning models and risk profiles between those of traditional general insurance products and those of non- life investment-type insurance products, the paper held that the ＂Dual Risk Nature＂ of the non-life investment-type insurance products was determined by their ＂Dual Business Nature＂. Finally, it also offered specific regulatory pro- posals towards non-life investment-type products.