B-S期权定价模型在财险定价中的应用

Application of B-S Option Price Model in Property Insurance Pricing

期权和保险作为规避风险的工具,本质上有很多相似之处,期权的定价方法也同样可以运用在保险定价中,特别是财产保险的定价。本文先分析了期权定价应用于财产保险定价中的可行性,然后引进了B-S期权定价模型进行保险费的计算,并将计算结果和实际保费进行对比,最后得出结论:将B-S期权定价模型运用在财产保险定价中具有科学性和合理性。

As the tools to avoid risk, options and insurance essentially have many similarities. Option pricing method also can be used in insurance pricing, especiaUy in property insurance pricing. The author first analyzed the feasibility to apply the option pricing model in property insurance pricing, and then introduced B-S option pricing model to calculate insurance premium. The calculation results were compared with actual premiums. Finally, the author concluded that the application of B-S option pricing model is scientific and rational in property insurance pricing.