Research on insurance pricing

In this paper, by analysing relationship between insurance premium and insurance compensation, the derivative assets pricing theory and the partial differential equation are used to study the pricing of insurance products and establish insurance price models. In addition, insurance price formulas for several general insurance types are also presented. The insurance pricing method that is given in the paper doesn't depend on mortality ratio and the probability distribution of losses. It is an obvious difference between the insurance pricing method in the paper and the traditional insurance pricing methods. Thereby, this paper serves to develop a insurance pricing method and has important practical or immediate significance. Finally, the application of the method is given.