Research On Domestic Personal Loan Guarante Insurance Pricing

Domestic personal credit business started from 2005,Because of short history and lack of indemnity data,there are still something to be improved on the product pricing theory.This Paper will study the pricing of personal loan guarantee insurance,based on the basic theory of insurance actuarial science and the risk management theory of commercial banking.It will enrich the actuarial pricing theory of personal loan guarantee insurance and will benefit the personal loan insurance business.The pure premium model in the property insurance actuarial theory does not take into account the characteristics of the personal loan grarantee insurance,so the practice is not satisfactory.The pricing method in this paper combines personal bank credit risk assessment method and life insurance life table method.It is an innovation in the measurement ideas;The paper also proposes a business model for business.