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...

Full description

Bibliographic Details
Main Author: Bai, Jiangna
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Online Access:http://eprints.nottingham.ac.uk/20336/
http://eprints.nottingham.ac.uk/20336/1/06MAlixjb8.pdf