Spelling suggestions: "subject:"seligmann– pollard HP4"" "subject:"seligmann– collard HP4""
1 |
Comparison of prices of life insurances using different mortality rates modelsStraß, Belinda January 2018 (has links)
Capturing mortality became a crucial modelling problem throughout the years due to the raising demand of life insurances and annuities. Fitting three models, namely, logistic, Heligman– Pollard HP4 and power–exponential model, to real life data shows that latter two models represent the actual data quite well. Pricing a term life insurance and a whole life annuity, implemented using the MATLAB software, based on these models ends in the result that the Heligmann–Pollard HP4 model is the less preferable model, in perspective of an insured, than the logistic or power–exponential ones.
|
Page generated in 0.0331 seconds