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 Basic and Applied Aspects of Biopesticides by Shailaja Rajendra Deshmukh
Cover of the book Microbial Inoculants in Sustainable Agricultural Productivity by Shailaja Rajendra Deshmukh
Cover of the book An Introduction to Ultrametric Summability Theory by Shailaja Rajendra Deshmukh
Cover of the book Algae and Environmental Sustainability by Shailaja Rajendra Deshmukh
Cover of the book Microbiological Research In Agroecosystem Management by Shailaja Rajendra Deshmukh
Cover of the book Novel Combustion Concepts for Sustainable Energy Development by Shailaja Rajendra Deshmukh
Cover of the book Abiotic Stress Physiology of Horticultural Crops by Shailaja Rajendra Deshmukh
Cover of the book Evolutionary Population Genetics of Drosophila ananassae by Shailaja Rajendra Deshmukh
Cover of the book R&D Management by Shailaja Rajendra Deshmukh
Cover of the book Advancements of Medical Electronics by Shailaja Rajendra Deshmukh
Cover of the book Driving the Economy through Innovation and Entrepreneurship by Shailaja Rajendra Deshmukh
Cover of the book Biofortification of Food Crops by Shailaja Rajendra Deshmukh
Cover of the book Trimming, Miniaturization and Ideality via Convolution Technique of TRIZ by Shailaja Rajendra Deshmukh
Cover of the book Emerging Economies by Shailaja Rajendra Deshmukh
Cover of the book Emerging Dimensions of Technology Management 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