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.
2016
surrender value
life insurance
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.14092/3421
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