Capital investment with abandonment options and uncertainty in project life using multiperiod CAPM

093079 (E53) The use of capital bonus po

093079 (E53) The use of capital bonus policy and investment policy in the control of solvency for with-profits life insurance companies in the UK : Chadburn R.G., Actuarial Research Paper N°95, Department of Actuarial Science and Statistics, City University, UK, 1997

📂 Article 📅 1997 🏛 Elsevier Science 🌐 English ⚖ 86 KB

A unit-linked life insurance contract is a contract where the insurance benefits depend on the price of some specific traded stocks. We consider a model describing the uncertainty of the financial market and a portfolio of insured individuals simultaneously. Due to incompleteness the insurance claim