The Application Of Actuarial Model And The Theory Of Incentives On Insurance

With the development of the socialist market economy and the opening system,the industry of insurance plays more and more important role in China. Comparedwith the international insurance industry, China's insurance industry should bedeveloped rapidly. There are many problems should be solved for the development ofthe industry of insurance. In particular, how to develop actuarial science and how tomanage insurance company's agents are two prominent problems. Considering these,two things were done in this paper. For one thing, in this paper, by using a risk model with interference, the ruinprobability as a result of claim or risk investment was discussed and the forecast ofthe risk model was gained. These help to the management of insurance company. Inaddition, the Jiang survival model was applied in industrial injury insurance in thispaper and a decision system was designed. Furthermore, an example was given andsome valuable conclusions were gained. For another thing, the principal-agent model was applied to design a contractbetween insurance's company and an agent on the conditions that information issymmetric and information is asymmetric. And the factors that influence the agent'sfee were gained.