Pension Insurance Actuarial Analysis And Risk Management Research

This article discusses some introductions related to old-age insurance,the aging problem of our country,the superannuation fund scale and the superannuation fund enter the market on the following points:(1) Pension actuarial analysis in series account union pension: First make actuarial suppositions; Second make exactly analysis of the value to the pension and the pension income; Third deeply discusses in details of the age's pays pattern of the individual account of the aged and the provide model; At last deeply discuss the relationship of the factor of "new person" and "center human" and substitution rate and interest rate and other factors.(2) The pension funds and fund companies commissioned - agent relationship and the game analysis, First according to commissioned - agent relationship, the structure between the insurance fund and the fund corporate investment make risk control optimized model, and obtain the most superior risk control cost. Second use the game the paper discusses researches the long-term characteristic theory which the superannuation fund and the fund company cooperates, then obtains between them the cooperation strategy is a sub-game perfect Nash equilibrium.(3)The pension fund invests analysis: First through the utility maximization, the paper constructs utility function, deduces how to solute the fund investment most ratio, and computes Chinese and other countries most superior investment ratio. Second the paper discusses the superannuation fund venture capital, establishes the most superior model, through the decreasing absolute risk abominate, the paper obtains: more funds are invested into the risk property, along with the...