Title :
Discrete Life Insurance Actuarial Models with Variable Interest Rate Based on de Moivre´s and Makeham´s Law of Mortality
Author :
Ping, Hu ; Xiang, Wei
Author_Institution :
Dept. of Sci. & Eng., Wuhan Univ., Wuhan, China
Abstract :
On the basis of general discrete actuarial model of life insurance, this article has carried on research to discrete life insurance actuarial models under the variable interest rate. And it provide net single premium for life insurance and life annuity due over a period based on that de Moivre´s law of mortality and Makeham´s law of mortality separately.
Keywords :
insurance; Makeham mortality law; de Moivre mortality law; discrete actuarial model; life insurance model; variable interest rate; Analysis of variance; Asia; Economic indicators; Electronic mail; Government; Insurance; Random variables; Reactive power; Uncertainty; Makeham´s law; de Moivre´s law; discrete actuarial model; variable interest rate;
Conference_Titel :
Intelligent Interaction and Affective Computing, 2009. ASIA '09. International Asia Symposium on
Conference_Location :
Wuhan
Print_ISBN :
978-0-7695-3910-2
Electronic_ISBN :
978-1-4244-5406-8
DOI :
10.1109/ASIA.2009.10
