Life Insurance Policies with Statistical Heterogeneous Population
| Autor: | Esther Frostig, M. Dahan, N. A. Langberg |
|---|---|
| Rok vydání: | 2002 |
| Předmět: |
Statistics and Probability
Endowment policy Economics and Econometrics education.field_of_study Actuarial science Statistics::Applications Endowment Population Mathematics::Optimization and Control Upper and lower bounds Exponential function Heterogeneous population Life insurance Economics Dominance order Statistics Probability and Uncertainty education |
| Zdroj: | Scandinavian Actuarial Journal. 2002:212-222 |
| ISSN: | 1651-2030 0346-1238 |
| DOI: | 10.1080/034612302320179872 |
| Popis: | In the paper we consider an endowment insurance contract with a twelve months maturation time. Using the majorization order and Schur-convex functions we derive upper and lower bounds of the premium, the death and survival benefits for a hetrogeneous population of insureds. The bounds are obtained for the exponential, Balducci, and linear approximations. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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