Life insurance policies with statistical heterogeneous population

M. Dahan; E. Frostig; N. A. Langberg

doi:10.1080/034612302320179872

Life insurance policies with statistical heterogeneous population

M. Dahan, E. Frostig, N. A. Langberg

Department of Statistics

Research output: Contribution to journal › Article › peer-review

Abstract

In the paper we consider an endowment insurance contract with a twelve months maturation time. Using the majorization order and Schur-convex functions we derive upper and lower bounds of the premium, the death and survival benefits for a hetrogeneous population of insureds. The bounds are obtained for the exponential, Balducci, and linear approximations.

Original language	English
Pages (from-to)	212-222
Number of pages	11
Journal	Scandinavian Actuarial Journal
Volume	2002
Issue number	3
DOIs	https://doi.org/10.1080/034612302320179872
State	Published - 1 Jan 2002

Keywords

Bounds
Concave
Convex
Endowment
Functions
Insurance
Lower
Majoriza
Schur
Tion
Upper

ASJC Scopus subject areas

Statistics and Probability
Economics and Econometrics
Statistics, Probability and Uncertainty

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10.1080/034612302320179872

Cite this

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KW - Functions

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KW - Lower

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Life insurance policies with statistical heterogeneous population

Abstract

Keywords

ASJC Scopus subject areas

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