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Determination of the optimal premium of non-life insurance via the Stochastic Dynamic Programming method [PDF]
مدیریت صنعتی, 2020 Objective: One of the most important issues facing insurance companies is the determination of fair premium. The purpose of this study is to design a mathematical model for calculating the optimal insurance premium by maximizing the total expected ...
Maryam Rostamian +3 more
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RISK FACTORS SELECTION WITH DATA MINING METHODS FOR INSURANCE PREMIUM RATEMAKING [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2020 Insurance companies that have adopted the application of data mining methods in their business have become more competitive in the insurance market. Data mining methods provides the insurance industry with numerous advantages: shorter data processing ...
Amela Omerašević, Jasmina Selimović
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Economia Agro-Alimentare, 2021 Agricultural Insurance as an embodiment of farmer protection and empowerment is carried out with The Rice Farming Business Insurance (AUTP) facility with an insurance premium scheme by the Government of 80% and 20% by farmers. This study aims to simulate
Muhammad Yasir Yusuf +3 more
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Last-Survivor Insurance Premium and Benefit Reserve Calculation using Gamma-Gompertz Mortality Law
Jurnal Matematika Integratif, 2022 When the insurance benefit of a last-survivor insurance product is payable at the moment of the last insured death, exploring continuous mortality models is essential to obtain the most appropriate premium and benefit reserve.
Ruhiyat Ruhiyat +3 more
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Premium adequacy risk management in non-life insurance [PDF]
Ekonomski Pogledi, 2015 The adequacy of insurance premium is vital to ensure the continuity of fulfillment the obligations of the insurance company. Factors, such as the inadequacy of models and data, the occurrence of catastrophic losses, changes in regulatory requirements and
Doganjić Jelena
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Health insurance sector in India: an analysis of its performance [PDF]
Vilakshan (XIMB Journal of Management), 2020 Purpose – Health insurance is one of the major contributors of growth of general insurance industry in India. It alone accounts for around 29% of total general insurance premium income earned in India.
Madan Mohan Dutta
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Desimal, 2020 Life insurance is insurance that protects against risks to someone's life. Joint Life Insurance is insurance where the life and death rules are a combination of two or more factors, such as husband-wife or parent-child, and if the first death occurs ...
Stacia Litha Suryani +2 more
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ANALISIS PREMI BULANAN ASURANSI JIWA DWIGUNA POLIS PARTISIPASI MENGGUNAKAN SUKU BUNGA MODEL VASICEK
E-Jurnal Matematika, 2023 Endowment insurance with a participating policy is an insurance contract that offers death benefits that increase every year. This paper analyzes a single and monthly premiums of participating policy endowment life insurance using the Vasicek interest ...
I WAYAN RISAL ANDI PRAYANA +2 more
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PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR
E-Jurnal Matematika, 2019 Premium is a sum of money that must be paid by insurance participants to insurance company, based on insurance contract. Premium payment are affected by interest rates. The interest rates change according to stochastic process.
I MADE WAHYU WIGUNA +2 more
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PENENTUAN CADANGAN PREMI UNTUK ASURANSI PENDIDIKAN
E-Jurnal Matematika, 2015 This aims of this research is determine the insurance premium reserve for education with retrospective calculations and determine the premium reserves who acquired during the period of guarantee for insurance education.
MADE PUTRI ARIASIH +3 more
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