Statistical Analysis and Empirical Study for Life Insurance

Xiang Jiang, Jian Ni, Weiqi Wu

Abstract


According to the uncertainty of insurance accident, in this article, we introduce the importance of insurance and the application of probability statistics in the insurance, briefly describe several parameter models about life distribution (i.e. life models), discuses the establishment and use of the life table, and statistically analyze the profit and loss and insured amount in life insurance. The result could possess certain directional meanings and reference function for practical works.

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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