2011•Yunnan Daxue xuebao. Shehui kexue banRequires access
The study on the change of mortality impact on life insurance products
Jie Meng
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Abstract
Life insurance product pricing is the core of the life product development.The purpose is to determine a proper price,and the experience life table is one of the basic factors for life insurance product pricing.The life insurance industry of China started to use new experience life table to fix price from year 2006.It will have a certain influence to the pure premium of all different kinds of life insurance products because of the drop of mortality in the new table.There are many differences between the new life table and the old one.According to that,we will study the specific changes between the two tables and analysis the influence of using the new one upon the life insurance principle of the actuary mathematics.In the end we draw some conclusions through the quantitative analysis.