Research On The Risk Of The Life Insurance Pricing

The people who engaged in insurance-related work must not suspect that the pricingis a core part of insurance work. For the insured, the insurance is a special commodity.Therefore, when they are choicing products, bargains are often their first choice. So nomatter for the insurer or the insured the price of insurance products is the key factor to beconsidered. Prices accurate or not, related to the direct interests of the insurancecompanies, profit as well as the competitiveness when participate in the market, but alsomore related to the stability and development of the whole industry and social. Therefore,in the process of the business operations of insurance companies people should focus onthe importance of use scientific methods and techniques to work out reasonable price ofthe product.The core of article writting is starting from the universal application of insurancepricing model and the life insurance actuarial pricing theory. By analyzing the pricingtheory model to understand the factors in life insurance product pricing.And analysis ofthe pricing model and the theory to understand how the factors affect the pricing of lifeinsurance products as well as the consequences of the risks, and find out ways to preventand respond to the risks.In the introduction section, the article introduces the research background, practicalsignificance. The beginning of the first chapter introduces the meaning andcharacteristics of life insurance products pricing, to pave the way for further study.Thesecond chapter describes the general principles of life insurance product pricing. Byintroduce the general principles of pricing life insurance products we can find out toomany factors.The third chapter is the core of the article, analysis of the risk factors of thelife insurance product pricing. In this section, has madea systematic analysis of thecauses and impact on the risk of life insurance pricing, it is the theoretical basis for thefurther to find the solution.Chapter IV is the article’s conclusion, introduced how to guardthe against price risk measures.