Multiple Decrement Models in Insurance is popular PDF and ePub book, written by Shailaja Rajendra Deshmukh in 2012-07-03, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Multiple Decrement Models in Insurance can be Read Online from any device for your convenience.
Multiple Decrement Models in Insurance Book PDF Summary
The book will serve as a guide to many actuarial concepts and statistical techniques in multiple decrement models and their application in calculation of premiums and reserves in life insurance products with riders and in pension and employee benefit plans as in these schemes, the benefit paid on termination of employment depends upon the several causes of termination. Multiple state models are discussed to accommodate the insurance products in which the payment of benefits or premiums is dependent on being in a given state or moving between a given pair of states at a given time, for example, disability income insurance model. The book also discusses stochastic models for interest rates and calculation of premiums for some products in this set up. The highlight of the book is usage of R software, freely available from public domain, for computations of various monetary functions involved in insurance business. R commands are given for all the computations.
Detail Book of Multiple Decrement Models in Insurance PDF
- Author : Shailaja Rajendra Deshmukh
- Release : 03 July 2012
- Publisher : Springer Science & Business Media
- ISBN : 9788132206590
- Genre : Business & Economics
- Total Page : 230 pages
- Language : English
- PDF File Size : 14,6 Mb
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