Solvency Evaluation Model of Insurance Company Based on Stochastic Differential Equation

Author:

Wang Kai1ORCID,Zhu Ling1ORCID

Affiliation:

1. School of Science, Anhui Agricultural University, Hefei 230036, China

Abstract

Solvency assessment is the core content of insurance supervision. In this paper, from the perspective of capital flow, the insurance company’s capital flow is regarded as a dynamic system, the stochastic differential equations model is established to describe its flow characteristics, and the existence of positive equilibrium point of the system is proved, as well as the conditions of stability at equilibrium point, that is, the requirements of the insurance company’s solvency. Furthermore, by using the numerical simulation method, we get the strategy of insurance companies to deal with the solvency shortage when facing the change of external environment, and the strategy of insurance company to deal with solvency shortage is obtained.

Funder

Natural Science Foundation of Anhui Province

Publisher

Hindawi Limited

Subject

Multidisciplinary,General Computer Science

Reference32 articles.

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