Based on the China life insurance company data of ISIS global insurance company database, we studied real property investment of China life insurance company in recent years. Through the research, we found the proportion of real property investment is still very low in consideration of the entire asset portfolio situation of China life insurance company. Some life insurance companies even don't have made any real property investment. But after 2010, the number of life insurance companies which holding real property investment increased. From the point of profitability, real property investment has a certain influence on life insurance company in the long run; From the point of solvency, real property investment has a significant impact on the solvency of life insurance company during the observation period, and real property investment is promotion to the solvency of life insurance company to a certain extent. In the long run, the life insurance company's total assets have great influence on solvency. It has obtained consistent estimation results before and after the new policy. And growth has a significant influence on the profitability. At the same time, it will be helpful for profitability to strengthen the operational efficiency of management.
