DocumentCode
3021777
Title
The study and application of multiple life model based on the same monotonous
Author
Sun, Aiyi ; Hu, Yue
Author_Institution
Sch. of Sci., Zhejiang Univ. of Sci. & Technol., Hangzhou, China
fYear
2011
fDate
26-28 July 2011
Firstpage
3770
Lastpage
3773
Abstract
When research multiple life insurance problem in life insurance actuarial practice, often assuming that all the random variables of rest life are independent, so we can get the life function and the net single premium of multiple life. But in fact, because the each life in the multiple life model is always under some common factors, and between life there must be exist some kind of dependency, by reference know with drab is one of the strongest dependency. This paper assumes that the multiple life under a common factor and the rest life is under the same monotonous, give the net single premium of the year regular life annuity of multiple life model.
Keywords
insurance; random processes; life function; life insurance actuarial practice; multiple life insurance problem; multiple life model; net single premium; random variables; regular life annuity; rest life; Educational institutions; Electric shock; Electronic mail; Insurance; Mathematical model; Probability distribution; Random variables; multivariable life; remaining life; survival function; the same monotonous;
fLanguage
English
Publisher
ieee
Conference_Titel
Multimedia Technology (ICMT), 2011 International Conference on
Conference_Location
Hangzhou
Print_ISBN
978-1-61284-771-9
Type
conf
DOI
10.1109/ICMT.2011.6001677
Filename
6001677
Link To Document