Insurance Products Pricing Method And The Type Of Insurance Actuarial Model Research

During the period of research or extend of the insurance, the most important issueis how to pricing the insurance. Because it is the point of success of a company. Chineseinsurance companies usually use foreign insurance pricing model. For the stabledevelopment and long-term profitability of the company, we should create the differentpricing methods.By the interest rates in the traditional insurance, pricing methods based on theresearch premise, premium income and expenditure on the insurance of insurancecompanies in a period of time Poisson process are analyzed, discussed separately in theincome and expenditure of the insurance company’s actuarial the present value ofinsurance company premiums in the period of time computing model.The main content of this paper is:1.From the standpoint of insurance company, analyzing the statisticalcharacteristics of the face of the customer groups, the insurance of insured householdsPoisson process to discuss the actuarial model of insurance company premiums. Fromthe interest rate assumption of independence began to take the introduction of the forceof interest for the drift of the random Brownian motion feature, set the surrender ofinsured households, death always obey Gamma distribution, the traditional actuarialmodel has been improved, and has been corresponding premium calculation formula.Income and expenditure of the insurance company for some time to discuss guidancefor the company’s business decision to make.2.In the context of insurance and financial and economic combination of highlydeveloped financial markets, the pricing of the product need to make adjustments. Inthis paper, the characteristics of the finance and insurance, summarized the severalfinancial products pricing models: the Capital Asset Pricing Model (CAPM), ArbitragePricing Model (APM) option pricing model (OPM) in three pricing methods, andintroduced to the new the insurance product pricing.