Centro de Documentacion de Fundación MAPFRE - Reserve-dependent benefits and costs in life and health insurance contracts

MAP20140029129

Reserve-dependent benefits and costs in life and health insurance contracts / Marcus C. Christiansen, Michel M. Denuit, Jan Dhaene

Sumario: Premiums and benefits associated with traditional life insurance contracts are usually specified as fixed amounts in policy conditions. However, reserve-dependent surrender values and reserve-dependent expenses are common in insurance practice. The famous Cantelli theorem in life insurance ensures that under appropriate assumptions surrendering can be ignored in reserve calculations provided that the surrender payment equals the accumulated reserve. In this paper, more complex reserve-dependent payment patterns are considered, in line with insurance practice. Explicit formulas are derived for the corresponding reserve

En: Insurance : mathematics and economics. - Oxford : Elsevier, 1990- = ISSN 0167-6687. - 07/07/2014 Volumen 57 Número 1 - julio 2014 , p. 132-137

1. Seguro de vida . 2. Modelo de Markov . 3. Derecho de rescate . 4. Indemnizaciones . 5. Cálculo actuarial . 6. Matemática del seguro . 7. Cláusulas contractuales . 8. Contrato de seguro . I. Título.