✦ LIBER ✦
Cash value life insurance for the twenty-first century: segregated life and the individual death benefit account : 074032 (M30, B10) Reddy S.D., Transactions of the society of actuaries, Vol. XLVII, Preprint 1, 1995, pp. 39–78
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 121 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0167-6687
No coin nor oath required. For personal study only.
✦ Synopsis
Abstracts and Reviews
values of suitably transformed distribution functions. The Esscher principle is a particular example. It is found that the likelihood ratio ordering of risks is preserved for any of these principles. A renewal theoretic interpretation of a special principle is given, and useful properties as well as a related characterization of the exponential distribution are shown. Keywords: premium calculation principles, Esscher principle, ordering of risks, characterization, exponential distribution.
074032 (M30, BlO)
Cash value life insurance for the twenty-first century: segregated life and the individual death benefit account.