Analysis of Influence on Solvency Margin of Life Insurance Companies in China by New Accounting Standards

New accounting standards help improve the transparency of information disclosure and the comparability of financial statement,and it further converging with International Financial Reporting Standards(IFRS).Starting with analyzing the differences in life insurance accounting confirmation and measurement between new and old accounting standards,this paper discusses the influence on evaluation of assets and liabilities,and empirical analysis the impact on solvency margin of life insurance companies.The same accounting basis for asset and liability would help eliminate the mismatch of insurance accounting and reflect the real solvency margin of life insurance companies.