Documentation and Knowledge Center of Fundación Mapfre > An Augmented variable dirichlet process mixture model

Notes: Sumario: The analysis of insurance and annuity products issued on multiple lives requires the use of statistical models which account for lifetime dependence. This paper presents a Dirichlet process mixture-based approach that allows to model dependent lifetimes within a group, such as married couples, accounting for individual as well as group specific covariates. The model is analyzed in a fully Bayesian setting and illustrated to jointly model the lifetime of male-female couples in a portfolio of joint and last survivor annuities of a Canadian life insurerRelated records: En: Astin bulletin. - Belgium : ASTIN and AFIR Sections of the International Actuarial Association = ISSN 0515-0361. - 29/01/2025 Volume 55 Issue 1 - January 2025 , p. 50 - 75Materia / lugar / evento: Matemática del seguro Modelos matemáticos Renta vitalicia Seguro de vida Esperanza de vida Modelos estadísticos Teorema de Bayes Casos prácticos Canadá Otros autores: Laub, Patrick .J International Actuarial Association Other categories: 6