Research And Application Of Rate Determination Model Under Reform Of Commercial Car Insurance Rate

The use of generalized linear model to determine the frequency of vehicle insurance claims is an important part of non-life insurance research.There are few models in the pricing model for vehicle insurance to consider the variable of vehicle type.In this paper,the vehicle type is introduced into the vehicle insurance rate setting model,namely,the component burden index is introduced and used.Based on the real data of an insurance company in China,this paper firstly uses the cluster analysis to make the risk classification of relevant variable indexes,and classifies the component burden index into the risk level according to the category;Secondly,through the significance analysis of the SAS program model,the loss distribution selection of the claim number and the claim strength is obtained.Thirdly,a defect analysis is made on the model of auto insurance rate,which explains the universality of the generalized linear model.Finally,the theoretical analysis to join accessories burden index set model feasibility,subsequent to AIC and BIC rule as a benchmark,empirical analysis on the joining parts burden index of car insurance rates set model is more significant,the necessity of introducing accessories burden index,and get the accessories burden index after car insurance rates set model.Based on the above,this paper puts forward some Suggestions and prospects for the development of the research on auto insurance rate.There are some forward-looking exploration and some constructive influence on the insurance policy based on GLM model.