The valuation of the temporary annuity

Autor: N. E. Andersen
Rok vydání: 1945
Předmět:
Zdroj: Scandinavian Actuarial Journal. 1945:218-227
ISSN: 1651-2030
0346-1238
DOI: 10.1080/03461238.1945.10404911
Popis: 1) Any member of the public who buys an insurance expects to pay for it by means of a series of premiums, usually level premiums, tbe payment of which stretches over tbe whole period of insurance. From the point of view of the actuary this method is sometimes irrational: certain combinations of insurances exist which, if paid for in this way, may after a time possess negative theoretical premium reserves.
Databáze: OpenAIRE