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Estimation of future discretionary benefits in traditional life insurance
Recurso electrónico / Electronic resource
Collection: Articles
Title: Estimation of future discretionary benefits in traditional life insurance / Florian GachAuthor: Gach, Florian ‌
Notes: Sumario: In the context of life insurance with profit participation, the future discretionary benefits (FDB), which are a central item for Solvency II reporting, are generally calculated by computationally expensive Monte Carlo algorithms. We derive analytic formulas to estimate lower and upper bounds for the FDB. This yields an estimation interval for the FDB, and the average of lower and upper bound is a simple estimator. These formulae are designed for real world applications, and we compare the results to publicly available reporting data.

Related records: En: Astin bulletin. - Belgium : ASTIN and AFIR Sections of the International Actuarial Association = ISSN 0515-0361. - 05/09/2022 Volumen 52 Número 3 - septiembre 2022 , p. 835-876Materia / lugar / evento: Seguro de vida ‌Solvencia II ‌Cálculo actuarial ‌Other categories: 6
Rights: In Copyright (InC)
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