Calculation Issues Of Insurance Rate And Reserve Fund For Road Cargo Insurance

China's road freight insurance is facing a number of issues.For example: increasingly fierce competition situation,business development in the bottleneck stage,road freight insurance rate is not clear,serious loss of road premiums,reinsurance capacity is limited and so on.Cargo transportation insurance as an essential insurance business in the current transport industry,the underwriting process needs to be thoroughly understood by the insured,and the calculation of the rate and compensation reserve also requires the insurer to have precise control.Combining with the practice of Pacific Property Insurance Company,this paper makes a deep research on the calculation of the rate and reserve of road cargo transportation insurance,which is of practical significance.First of all,the paper systematically combs the four major service links of the road cargo insurance service in the "full service period" : the assessment of underwriting risk,the responsibility of the relevant parties,the management of claims process and the monitoring system of claims process.Then,based on the practical examples,this paper focuses on the calculation and actuarial of road cargo insurance rate and risk monitoring,analyzes the problems and challenges of road cargo insurance rate,gives the calculation process of road cargo insurance rate and calculation of GLM Model,adjusts the insurance rate,and determines underwriting rate program.At the same time,it defines the concept of the period of compensation reserve fund,combs the process of cash flow process and the development process of compensation cases,and puts forward the mathematical model of calculating the compensation reserve combining the flow triangle,and gives the assessment method of reserve for non-indemnity liability and the reserve of premium.The calculation results show that the calculation of the flow triangle is correct and the structure is relatively.The calculated results are in accordance with the expectations of the transportation personnel for the corresponding insurance reliable.