Author(s)

Shichang Shen, Sheng Shao

School of Mathematics and Statistics, Qinghai Nationlities University, Xining, China.

There is a closely interactive relationship among health insurance, life insurance, property insurance, accident insurance. Based on data from January 2006 to January 2017, we use VAR model to analyze the interactive relationship among health insurance, life insurance, property insurance, accident insurance empirically by Eviews 8.0. The results show that there is a long-term equilibrium and mutual causality among health insurance, life insurance, property insurance, accident insurance. From short term perspective, there are positive effects among the four major types of insurances. In particular, the promotion of accident insurance to health insurance is the most dominant, which will provide a powerful security to the diversified and comprehensive management and professional rapid development of health insurance.

Health Insurance, Diversification, Specialization, VAR Model

Shen, S. and Shao, S. (2017) Diversification, Specialization and Health Insurance Industry Development
—An Empirical Research Based on VAR Model. Journal of Mathematical Finance, 7, 871-880. doi: 10.4236/jmf.2017.74046.