This paper also discussed the application of ALM in the life insurance interest rate risk management and drew a conclusion that the control of duration gap is the practical choice of Chinese life insurance industry.

• 接着本文讨论了资产负债管理技术在寿险业利率风险管理中的应用，考虑到中国寿险业的现状，提出中国寿险业防范利率风险应该从缩小有效久期缺口着手的结论。