| Bank interest rates is essential for calculation of insurance premiums, directlyrelated to the insurance company’s profit. Insurance companies are calculated on afixed interest rate of the premium in the past, we improve the models of interest ratesin this article, simulating the bank normal adjustments to interest rates with compoundPoisson process, applying standard Brownian motion to simulate stochastic events oninterference with normal interest rate adjustments, this is more in line with the actualcircumstances of interest rate changes.On the basis of above we consider a Combined Life Insurance. In the pastinsurance companies, in particular domestic insurance companies are premised onindividual independent of constructing life table, this is large difference from thereality. Here uses copula connection function that’s the most popular method ofinternational, to simulate the circumstance of individual dependent. And finallyimprove life insurance actuarial formula, and actuarial formula of dividend insurance. |
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