Performance Analysis On Development Of Insurance And Endowment Insurance

Many scholars chiefly make use of premium income, insurance penetration and insurance density to longitudinal or horizontal measure performance for development of insurance from point of macroscopic view (but they don't analyze affecting factors on above three indexes), then give each discussion respectively. In addition, many scholars also try to quantitative study three above-mentioned indexes, but a common question in their studies is lacking of a uniform standard, i.e. different people use different factors that they think respectively are important to analyze problem based on different needs. However which factors is affecting three above-mentioned indexes, and how respective affecting degree they have in numerous factors, this paper further study affecting factors on three above-mentioned indexes based on insurance theory and econometrics, and construct corresponding econometric models to study them.Studies reveal that economic factor is a first factor in affecting performance for development of insurance. Economic lasting and steady growth laid a solid foundation for development of insurance, simultaneously insurance development promote economic further growth. So studding mutually promotion on insurance and economy will offer valuable reference for making insurance policy and promoting economic reform and development.And social insurance and business insurance is two pillars in modem insurance industry, they have a wider coverage and the most influential power on the social security system. Under the innovative environment studying reform of social insurance especially endowment insurance that is the main part of social insurance, will have profound significance for developing China's insurance and perfecting endowment insurance and social security system.Finally, for ensuring performance of insurance and endowment insurance, this paper compares partial accumulation with pay-as-you-go and funds system, constructs an actuarial model of partial accumulation system, discusses actuarial estimate of shout costs and debts, long costs and debts about endowment insurance, then this paper further considers how to preserve and increase pension funds value and put forwards investment strategies based on the portfolio insurance technique to insure the performance for the going endowment policy.