The enterprise annuity is not only the laborer retirement life safeguard important supplement of the form,but also is the enterprise arouses staff positivity,attract high-quality talents,stabilizing w
This paper is aimed at studying and analyzing the nature of volatility and clustering (ARCH model) of life insurance premium in China.With the conclusion that life insurance premium obeys ARCH (1) m
With China entering the aging society,family structure is miniaturizing and empty-nest families are increasing,which leads to changing the traditional model of family pension,and the demand for profes
Over recent years,consumption in China is unusually low and has continued to decline as share of GDP,it becomes one of the restrictive factors of economical development.The high precautionary saving
Social security system have great significance in improving peoples life,ensuring financial security and maintaining social stability in one country.For China,social security system has been developin
This paper uses an OLG framework to discuss the effect of civil-service pension reforms on savings and capital accumulation.In the models,there are two types of reforms taken into account: one is to k
As new accounting standard (including new standard of assurance accounting) executed for four years and the outstanding problems of the aged and poor society indemnity,as well as the development of ph
In 2003,Swiss Re introduced a mortality-based security designed to hedge excessive mortality changes for its life book of business.The concern was mortality risk,i.e.,the risk of premature death.The m
Ruin theory is an important branch under insurance risk research,especially for the pricing of rates and reserves accounting in insurance.In order to obtain a ruin model that is more consistent with r