This thesis has analysed the effects of the cycle of raising interest rate on life insurance company from the product surrender rate aspect and has proposed countermeasures and suggestions.
And this paper regards life insurance products on the market as the prototype and simulates life insurance products on the market, then sets up actuarial model and analyses the impact on surrender rate of life insurance products of rise of the interest rate quantitatively.
The reason is that the investment shrinkage,the increasing of surrender rate and operating costs,and the problems existing within the present agent system.
The risks are growing with the rapid increasing of life insurance businesses,and the profits are shrink while the premiums are rocketing.The reason is that the investment shrinkage,the increasing of surrender rate and operating costs,and the problems existing within the present agent system.The insurance companies should find out the crisis behind the prosperity.They should do the well-written business and improve the persistency rate,recognize the agents,innovate the commission syst...