The Impact of Distribution Channel on the Probability of Loss for Group Insurance

• Main Authors: Te-Hsuan Chen, 陳德萱
• Other Authors: Tzu-Ting Lin
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/y9du4s

碩士 === 國立臺灣大學 === 財務金融學研究所 === 106 === This study analyzes the group insurance data of X Life Insurance Company in 2015 to find the impact of marketing channel on the probabilities of loss and loss ratio for group insurance.We use logistic regression to establish a discriminant model and conduct a linear regression analysis to explore the influential variables for loss ratio. The results suggest that although the difference of customer characteristics between channels is visible, group insurance policies sold by different channels don’t cause different probability loss and loss ratio. We also find that numbers of company’s employees, employee ratio, occupational classes and years of relationship with customers are significant factors to predict the probability of loss for group insurance; Numbers of company’s employees, industry categories and locations affect the loss ratio. The findings of this study offer some insights into pricing and underwriting strategy to the X-life insurance company to improve its group insurance business.