Application of Markov prediction method in the decision of insurance company

This paper studies the theory of Markov knowledge, what’s more, it surveys and analysis the market share. Then for three specific companies, the paper builds a model using Markov theory based on companies of insurance market. Through the model, it analysis several possible circumstances and puts forward the way to deal with them. Furthermore, it predicts and analyzes the distribution of market shares in the later period, which provides references for companies. Keywords-Markov; prediction; distribution; market; share