Fully Discrete Life Insurance Actuarial Model with the Stochastic Interest Rate

2020 ◽  
Vol 09 (06) ◽  
pp. 925-934
Author(s):  
嘉全 吕
Keyword(s):  
Interest Rate ◽  
Life Insurance ◽  
Stochastic Interest Rate ◽  
Fully Discrete ◽  
Stochastic Interest ◽  
Actuarial Model

Reserve of Semi-Continuous Life Insurance Model under Random Interest Rate

2014 ◽  
Vol 998-999 ◽  
pp. 1626-1629
Author(s):  
Jing Wei ◽  
Shi Gang Ge
Keyword(s):  
Brownian Motion ◽  
Interest Rate ◽  
Poisson Process ◽  
Uniform Distribution ◽  
Life Insurance ◽  
Stochastic Interest Rate ◽  
Reflected Brownian Motion ◽  
Stochastic Interest ◽  
The Common ◽  
Insurance Model

In this paper, it aims at an n-year term increasing life insurance model, considers the factual statements and the bursting out things’ influence on interest rate, establishes the model for stochastic interest rate by Reflected Brownian motion associating with Poisson process, and gives the common expression of semi-continuous reserve and the expression in the suppose of Uniform distribution of death.

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