How is insurance financed?

First of all, as one of the four major financial industries (banking, insurance, securities and investment), insurance companies are mainly funded by customers' premiums. Because the premium income of the insurance industry and the household savings of the banking industry have many similar liquidity attributes, it can be said that insurance should usually be in the position of investment, not financing! (For example, the Beijing-Shanghai high-speed railway currently under construction in China is partly funded by insurance companies. Secondly, as a commercial company, it will definitely need financing (to solve the short-term, medium-term and long-term capital needs of enterprises). At present, as the insurance industry in China is still in a weak position compared with the state-owned banking industry, daily borrowing from banks is an important financing channel. And with the listing of China Ping An and China Life Insurance, the stock market has become an important channel for insurance companies to carry out long-term financing in the future. Finally, it is difficult to simply say whether it is good or bad for the benefits to society. The purpose of a large amount of financing by insurance companies is also to invest (at present, the trend of mixed operation of insurance companies is very obvious, and companies in banks, securities and investment industries all need a lot of money). Investment is likely to get better returns, so that insurance customers can enjoy one-stop services of insurance, savings, investment and financial management at the same time, but the advantages and disadvantages are always mutual. At present, the legal supervision of insurance company investment in China is not very mature, so the loss of insurance company will lead to great consequences. You should know that the insurance company's money is life-saving money, which is more important than residents' savings! At present, most domestic insurance companies do not have the ability to control equivalent funds, so I am not very optimistic about the prospect of large-scale financing in the insurance industry market!