• 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