The Impact of Participating Policy Business on the Financial Performance of Life Insurance Companies in China

• Main Authors: TENG CHI LAN, 鄧芝蘭
• Other Authors: Iung-Jang chang-chien
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/32326441487360648071

碩士 === 僑光科技大學 === 財務金融研究所 === 103 === This paper aims to investigate the impact of participating policy business on the operational performance using the panel data from 2005 to 2013 of life insurers in China. This results indicated that participating policy business have positive influence on the financial performance for the life insurers. In other words, the higher the participating policy business, the better the life insurer’s financial performance. On the other hand, China’s life insurance business the higher the diversification, the greater synergy benefits, the better the company’s financial performance. Meanwhile, in the eastern part, the higher the premium income ratio is, the better the company’s financial performance is; however, in the central and western regions, while the ratio of premium income is higher, the company’s financial performance is. Finally, the study found the insurance companies in the eastern part can enhance more financial performance while the market penetration of the participating policies are more, compared to those in the central and western regions. Meanwhile, the high investment performance of the insurer to sell more participating policies can improve the company&;#39;s financial performance.