The fair premium test for life insurance
Annuity insurers were making losses by underestimating mortality improvement. If the same projection fault occurs for term assurance policies, life insurers writing term assurance policies were likely to have benefited from the improving mortality and the profit could be significant in comparison wi...
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Format: | Dissertation (University of Nottingham only) |
Language: | English |
Published: |
2006
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Online Access: | http://eprints.nottingham.ac.uk/20336/ http://eprints.nottingham.ac.uk/20336/1/06MAlixjb8.pdf |