Safety Margins for Systematic Biometric and Financial Risk in a Semi-Markov Life Insurance Framework
Insurance companies use conservative first order valuation bases to calculate insurance premiums and reserves. These valuation bases have a significant impact on the insurer’s solvency and on the premiums of the insurance products. Safety margins for systematic biometric and financial risk are in pr...
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| Format: | Article |
| Language: | English |
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MDPI AG
2015-01-01
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| Series: | Risks |
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| Online Access: | http://www.mdpi.com/2227-9091/3/1/35 |