Fair Valuation of Life Insurance Liabilities in Participating Contracts with Insolvency Risk
碩士 === 國立交通大學 === 財務金融研究所 === 98 === In this research, we analyze the fair value of popular insurance product – participating contract (or with-profit contracts) which is embedded with some options. We use a credit mechanism by means of Monte Carlo Simulation to generate the possible cash flow of po...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2010
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| Online Access: | http://ndltd.ncl.edu.tw/handle/35060984111043088227 |