Market valuation in the framework of modern life insurance mathematics
Ekonomski Vjesnik, 2013 In the traditional actuarial life insurance mathematics, liabilities to beneficiaries (technical reserves) are calculated based on conservative assumptions of mortality and interest rates. However, this approach was found to be incomplete since it does
Maja Petrač
doaj
Robust bootstrap procedures for the chain-ladder method [PDF]
, 2017 Insurers are faced with the challenge of estimating the future reserves needed to handle historic and outstanding claims that are not fully settled. A well-known and widely used technique is the chain-ladder method, which is a deterministic algorithm. To
Peremans, Kris +3 more
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Сучасні аспекти актуарної математики [PDF]
, 2012 В роботі аналізується сучасний стан актуарної математики як науки. Автори намагаються спираючись на виклики посткризової економіки і професійні вимоги до актуаріїв сформулювати основні принципи, підходи до відбору моделей, які треба будувати ...
Dzhalladova, Irada +3 more
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Kerangka konsep penubuhan Jabatan Aktuari Negara di Malaysia [A conceptual framework for the establishment of a Government Actuary?s Department in Malaysia] [PDF]
, 2015 The profession of an actuary is very important towards the society. Actuaries and actuarial scientists employ their skills of mathematics and statistics to measure the financial implication of future events by consideration the risk factors.
Hasim, H
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A Mixture of Clayton, Gumbel, and Frank Copulas: A Complete Dependence Model
Journal of Probability and Statistics, 2022 Knowledge of the dependence between random variables is necessary in the area of risk assessment and evaluation. Some of the existing Archimedean copulas, namely the Clayton and the Gumbel copulas, allow for higher correlations on the extreme left and ...
M. A. Boateng +3 more
doaj +1 more source
Modelización financiero-actuarial de un seguro de dependencia = Long Term Care Insurance Actuarial Model [PDF]
Revista de Métodos Cuantitativos para la Economía y la Empresa, 2008 España ha seguido la tendencia de otros países en cuanto a la cobertura de las personas dependientes, es decir, aquellas que necesitan ayuda para realizar las tareas básicas de la vida diaria, y lo ha hecho mediante la aprobación de la Ley de Promoción ...
Herranz Peinado, Patricia +2 more
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A spatial mixed Poisson framework for combination of excess-of-loss and proportional reinsurance contracts [PDF]
, 2009 In this paper a purely theoretical reinsurance model is presented, where the reinsurance contract is assumed to be simultaneously of an excess-of-loss and of a proportional type. The stochastic structure of the set of pairs (claim’s arrival time, claim’s
Aase +27 more
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Leptospirosis Dynamics With Misdiagnosis: A Review
Journal of Applied MathematicsLeptospirosis is a zoonosis with global distribution, and a wide variety of clinical symptoms often lead to misclassification as other febrile conditions.
Japheth Musingila Mwongela +2 more
doaj +1 more source
The Log-Asset Dynamic with Euler–Maruyama Scheme under Wishart Processes
International Journal of Mathematics and Mathematical Sciences, 2021 This article deals with Wishart process which is defined as matrix generalization of a squared Bessel process. We consider a single risky asset pricing model whose volatility is described by Wishart affine diffusion processes.
Raphael Naryongo +2 more
doaj +1 more source
The management of de-cumulation risks in a defined contribution environment [PDF]
, 2005 The aim of the paper is to lay the theoretical foundations for the construction of a flexible tool that can be used by pensioners to find optimal investment and consumption choices in the distribution phase of a defined contribution pension scheme.
Gerrard, R. J. G. +2 more
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