A Study On Asset And Liability Matching Management Of Life Insurance Company Based On Gravity Model

Since January 1st,2016 C-ROSS has been effective,which is a chance as well as a challenge for asset and liability matching management of life insurance company.At the same time,the field where insurance fund is allowed to invest in becomes broader and broader.Therefore,asset and liability management of life insurance company is the focus of investigator.Early methods of asset and liability management conclude majorly cash flow matching,immunization strategy and gap analysis and so on.While these models could not obtain optimum solution on the whole level,so I turn to multi-objective programming.The result of multi-objective programming for the same question could be more than one,which affects the sensitivity analysis in some degree.Gravity model could obtain the only one optimum solution.Thus I consider do some research of gravity model.I try to establish the asset and liability management model based on the gravity model in order to address the mismatching problems in the traditional method and minimize the enterprise risk of life insurance company.The research results indicate that the gravity model is available on asset and liability management,therefore it has certain theoretical value and practical significance.And SW method has some advantages over 750days method.