Improvement Of Life-insurance Premium

Life insurance is one of the most successful experience in the field of the statistical and probability, its target is persons' life and considers survival or death as the insurance case ,but the premium rate of life insurance is the core issue. The pricing of life insurance follows certain principles: such as enrichment, rationality, feasibility and stability. In the actual operation, to determine pricing mainly intended to use the expected interest rate, mortality, expected cost rates, profit margins, rate of commission / fees, and other factors.The pricing rates has been improved based on the traditional pricing rates, and the pricing data has handled automatically with the Excel macro . To calculate the gross premiums of insurance pricing rate sheet, policy value and policy reserve on the basis of interest rate, mortality and expected costs of scheduled rate, which are critical significance for the insurance company.This paper contents four sections: the first unit contents insurance actuarial research methods and research tools: interest theory, life insurance actuarial mathematics theory and so on; second part is mainly improvements of the original on the basis above; the third lists major results and the on the basis of second part ; the fourth part contents basic insurance terms and actuarial assumptions as well as the data of policy value and policy reserve.