| Summary: | 碩士 === 國立臺灣大學 === 財務金融學系 === 85 === Dec. 14, 1996, the Regislative Yuan passed the new
"Automobile Compulsory Liability Insurance Law" and changed the
automobile insurance into "no-fault" insurance. Because of the
modification, old insurance rate is o more useful to the new
one. Besides, the new policy must operating in "no loss no
profit" way, it is important to produce a new insurance rate,
especially operating expense''s rate. This thesis is trying to
find out the proper operating expenses rate of automobile
insurance, and the unreasonableness of the old one. At the
final, it will present a new way to calculate the new operating
expense''s rate. I separate operating expenses into fixed cost
and variable cost. In applying regression analysis , I find that
80% of operating expenses is fixed cost and 20% is variable
cost. The fixed cost adjusted to the Pricing Index, and the
variable cost adjusted to gross premium. In calculating process,
I use 18%, 20%, and 21.7% as starting operating expenses, and
assume the pure premium will increase by 100%, 150%, and 200% to
find out how does the expense''s rate changes? The result is
as follows: more high the starting expense''s rate is, more the
future operating expense''s rate is. And more the pure premiums
increase, lower the future expense''s rate. It is between 7.99%
and 13.17%.In order to avoiding the influence of increasing pure
premium greatly, I cut 50% in changing variable cost. Then the
rate is between 8.88% and 12.55%. Besides, I set the target
expenses rate to produce the level cost of every car fot
reference.
|
|---|
