Growth Forecast Of Vehicle Insurance Market

In recent years,with the continuous improvement of people's living standards and the growing domestic automobile industry,making the Chinese auto market is booming,while the car is gradually entering the people's family,which also led to the prosperity of China's auto insurance market development,and now the vehicle insurance business has become China's property insurance company's leading insurance.Based on the importance of the development of vehicle insurance in China,it is very necessary to study the vehicle insurance market.Based on the data from 2004 to 2015,this paper studies the growth of the vehicle insurance market,selects the turnover of the vehicle insurance market as the explanatory variable,and the auto insurance price,gross domestic product,disposable income of urban residents,The consumer price index,the number of property insurance companies,the number of traffic accidents,the degree of education,the proportion of urban population as an explanatory variable,through the combination of gray model and neural network to fit the relationship between vehicle insurance turnover and explanatory variables,The prediction results of four models of GM(1,1),GM(1,N),gray neural network and gray neural network based on genetic algorithm are obtained.The gray neural network model based on genetic algorithm is better prediction effect.