In the context of the stochastic models for the management of life insurance portfolio we explore with simulation approach the effects induced by the application of a particular method of calculation of the surrender value. In particular, we analyze the effects caused by the enforcement of the surrender value on a life portfolio profitability and on the penalties extent enforced to the policyholders.
The theoretical surrender value in life insurance
Staffa M
2016-01-01
Abstract
In the context of the stochastic models for the management of life insurance portfolio we explore with simulation approach the effects induced by the application of a particular method of calculation of the surrender value. In particular, we analyze the effects caused by the enforcement of the surrender value on a life portfolio profitability and on the penalties extent enforced to the policyholders.File in questo prodotto:
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