Multiple Decrement Models in Insurance

An Introduction Using R

Business & Finance, Economics, Statistics, Industries & Professions, Insurance, Nonfiction, Science & Nature, Mathematics
Cover of the book Multiple Decrement Models in Insurance by Shailaja Rajendra Deshmukh, Springer India
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Shailaja Rajendra Deshmukh ISBN: 9788132206590
Publisher: Springer India Publication: July 3, 2012
Imprint: Springer Language: English
Author: Shailaja Rajendra Deshmukh
ISBN: 9788132206590
Publisher: Springer India
Publication: July 3, 2012
Imprint: Springer
Language: English

​The book will serve as a guide to many actuarial concepts and statistical techniques in multiple decrement models and their application in calculation of premiums and reserves in life insurance products with riders and in pension and employee benefit plans as in these schemes, the benefit paid on termination of employment depends upon the several causes of termination. Multiple state models are discussed to accommodate the insurance products in which the payment of benefits or premiums is dependent on being in a given state or moving between a given pair of states at a given time, for example, disability income insurance model. The book also discusses stochastic models for interest rates and calculation of premiums for some products in this set up. The highlight of the book is usage of R software, freely available from public domain, for computations of various monetary functions involved in insurance business. R commands are given for all the computations.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

​The book will serve as a guide to many actuarial concepts and statistical techniques in multiple decrement models and their application in calculation of premiums and reserves in life insurance products with riders and in pension and employee benefit plans as in these schemes, the benefit paid on termination of employment depends upon the several causes of termination. Multiple state models are discussed to accommodate the insurance products in which the payment of benefits or premiums is dependent on being in a given state or moving between a given pair of states at a given time, for example, disability income insurance model. The book also discusses stochastic models for interest rates and calculation of premiums for some products in this set up. The highlight of the book is usage of R software, freely available from public domain, for computations of various monetary functions involved in insurance business. R commands are given for all the computations.

More books from Springer India

Cover of the book Phase Transformation of Kaolinite Clay by Shailaja Rajendra Deshmukh
Cover of the book Hybrid Soft Computing Approaches by Shailaja Rajendra Deshmukh
Cover of the book Proceedings of 3rd International Conference on Advanced Computing, Networking and Informatics by Shailaja Rajendra Deshmukh
Cover of the book Market, Regulations and Finance by Shailaja Rajendra Deshmukh
Cover of the book The Economic Partnership Between India and Taiwan in a Post-ECFA Ecosystem by Shailaja Rajendra Deshmukh
Cover of the book Soft Computing Techniques in Voltage Security Analysis by Shailaja Rajendra Deshmukh
Cover of the book Implantable Hearing Devices other than Cochlear Implants by Shailaja Rajendra Deshmukh
Cover of the book Genetic Mapping and Marker Assisted Selection by Shailaja Rajendra Deshmukh
Cover of the book Cultural Ontology of the Self in Pain by Shailaja Rajendra Deshmukh
Cover of the book Nonlinear Ordinary Differential Equations by Shailaja Rajendra Deshmukh
Cover of the book Applied Computation and Security Systems by Shailaja Rajendra Deshmukh
Cover of the book EMR/ESR/EPR Spectroscopy for Characterization of Nanomaterials by Shailaja Rajendra Deshmukh
Cover of the book Climate-Resilient Horticulture: Adaptation and Mitigation Strategies by Shailaja Rajendra Deshmukh
Cover of the book Eco-friendly Polymer Nanocomposites by Shailaja Rajendra Deshmukh
Cover of the book Fundamentals of Physical Geology by Shailaja Rajendra Deshmukh
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy