The Researches on Calculating Method of Insurance Premium of Residential Mortgage Loan
As an effective means to stir up residential consumption,residential mortgage loan insurance are developing very quickly in recent years.However,there are still some inevitable risks,how to calculate insurance rate has been a magnitude task for insurance companies.Based on discrimination between residential mortgage loan insurance and other insurances,the thesis analyze insurance structaxes of United States,we find that insurance insfitute in USA can offen establish its corresponding insurance structure(inelude insurance payment mode,number of insurance rate,disposal method when pre-payoff)according to clientsspecific eircs(such as sum of loan,term of loan,loan to value),so the controlling of risk of regional mortgage loan insurance is become easy,the rights and interests of insurance institute can be well protected.On the contrary,most insurance companies in China adopt single insurance structure,they require all clients must pay insurance by means of once-payoff method,and they will not send back insurance when the cfient pre-payoff.This method have some problems,on the one hand it is not benefit to controlling risk of insurance business,on theother hand,it is not benefit to exploit market becausc it can not make clienis to choice appropriate insurance project according to their specific cites.So insurance structure of regional mortgage loan in China will transit from singtflarity to many types in the future.It means that insurance payment mode will include 2 types:once-payoff and annual payment:when borrower want to pre-payoff it can be decided into 2 types:insurance sending back and not sending back,so we will have 4 kinds of insurance structures,on the basis of it,we present new insurance structures which suit for china,and then present a new calculating method which can calculate insurance premium in different insurance structures by using expected return equals the expected loss.
Insurance premium structure Insurance premium calculation Residential mortgage loan
Shang Yaohua Liu Jiali
School of Management,Xian University of Architecture & Technology,P.R.China,710055;School of manage School of Management,Xian University of Architecture & Technology,P.R.China,710055
国际会议
2006 Interntional Conferecne on Management of Logistics and Supply Chain(2006物流与供应链管理国际研讨会)
长沙
英文
631-635
2006-09-20（万方平台首次上网日期，不代表论文的发表时间）