In considering the use of insurance funds, CAPM can be used for the determination of the attached risk price.B-S model can be used to determine underwriting limits and the price of property insurance products, but not for determining the price of life insurance products.In applying the capital asset pricing model in determining the insurance rate, we should calculate the expected loss of a firstorder moments (expectations) or secondorder moment (variance), which has no essential difference with the traditional methods.As most of the actual loss distribution function severely skewed to the right, they only made methodological contributions to the study of insurance rates.This article also points out that determining proper parameters conditions and finding out the appropriate distribution function of the loss to different types of insurance will be the direction and focus of the insurance pricing study.