中国分红保险发展影响因素分析——基于GMM模型

Analysis on Influencing Factors of Dividend Insurance Development in China:Based on GMM Model

本文从供给角度对我国分红保险的发展进行了相关分析,以42家寿险公司为研究对象,选取2010-2017年的相关数据,采用系统GMM回归方法做实证分析并进行单位根检验和Sargan检验。实证结果显示,公司员工的受教育程度、男性员工数、人们对红利的预期、公司利润和公司保费与分红保费呈正相关;投资收益和当年的保单红利成反比。最后对保险公司加强人才队伍建设、优化产品结构等方面提出相关建议。

In this paper,the development of dividend insurance in China is analyzed from the perspec⁃tive of supply.Taking 42 life insurance companies as the research object,the relevant data from 2010 to 2017 are selected,and the systematic GMM regression method is adopted to conduct empirical analysis and unit root test and Sargan test.The empirical results show that the education level of the company's employees,the number of male employees,people's expectations of dividends,company profits and company premiums are positively related to dividends premiums;investment income is inversely proportional to policy dividends for the year.Finally,suggestions are put forward for insurance companies to strengthen the construction of talent team and optimize product structure.