Proceedings of the 2nd International Symposium on Social Science (ISSS 2016)

Developmental Trend of Insurance Actuarial System and the Influences on Modern Financial Industry

Authors
Su Wei
Corresponding Author
Su Wei
Available Online May 2016.
DOI
10.2991/isss-16.2016.7How to use a DOI?
Keywords
Modern financial, industry; actuarial system; trend of insurance; development
Abstract

This paper analyzes the developmental trend of insurance actuarial system and the related influences on modern financial industry. The basic principle of insurance is to many premium to the underwriter, policy-holder, when the risk occurred shall be borne by the insurer. By paying a small amount of this mechanism make policy-holder and fixed premium, it will be a lot of uncertain losses to the insurance company or underwriter; Insurers use premium income on the one hand, ensure the normal conduct of compensation, while on the other hand, through the analysis and calculation to the reasonable allocate funds, improve the investment benefit of insurance funds, that eventually make policy-holder and underwriter gains. Our paper analyzes the basic principles of the insurance actuarial system and discusses the corresponding influences on the modern financial system.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Symposium on Social Science (ISSS 2016)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
May 2016
ISBN
10.2991/isss-16.2016.7
ISSN
2352-5398
DOI
10.2991/isss-16.2016.7How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Su Wei
PY  - 2016/05
DA  - 2016/05
TI  - Developmental Trend of Insurance Actuarial System and the Influences on Modern Financial Industry
BT  - Proceedings of the 2nd International Symposium on Social Science (ISSS 2016)
PB  - Atlantis Press
SP  - 27
EP  - 30
SN  - 2352-5398
UR  - https://doi.org/10.2991/isss-16.2016.7
DO  - 10.2991/isss-16.2016.7
ID  - Wei2016/05
ER  -