ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR

Markov chains is one of the stochastic processes that concerned to the the transfer of a state to another states with a period time. In actuarial, multiple lives model and policyholders behavior model are part of multiple state model. While multiple state model is implementation of Markov chains....

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Main Author:	Nur Indah Berliana R, Aldila
Format:	Theses
Language:	Indonesia
Online Access:	https://digilib.itb.ac.id/gdl/view/36129
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Institution:	Institut Teknologi Bandung
Language:	Indonesia

id	id-itb.:36129
spelling	id-itb.:361292019-03-08T10:41:00ZENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR Nur Indah Berliana R, Aldila Indonesia Theses Life insurance, life insurance reserves, markov chains, multiple lives model, multiple state model, policyholder behavior model. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/36129 Markov chains is one of the stochastic processes that concerned to the the transfer of a state to another states with a period time. In actuarial, multiple lives model and policyholders behavior model are part of multiple state model. While multiple state model is implementation of Markov chains. Multiple lives model is concerned to determine life and death of husband and wife, and behavior model is concerned to behavior of a policy holder in premium payment. Combined both models will form a new model is called the combined model. In life insurance, companies are required to have insurance reserves will be used to provide benets to policyholders if the policy holder makes a claim. With this model, can be used to determine how much endowment life insurance reserves. text
institution	Institut Teknologi Bandung
building	Institut Teknologi Bandung Library
continent	Asia
country	Indonesia Indonesia
content_provider	Institut Teknologi Bandung
collection	Digital ITB
language	Indonesia
description	Markov chains is one of the stochastic processes that concerned to the the transfer of a state to another states with a period time. In actuarial, multiple lives model and policyholders behavior model are part of multiple state model. While multiple state model is implementation of Markov chains. Multiple lives model is concerned to determine life and death of husband and wife, and behavior model is concerned to behavior of a policy holder in premium payment. Combined both models will form a new model is called the combined model. In life insurance, companies are required to have insurance reserves will be used to provide benets to policyholders if the policy holder makes a claim. With this model, can be used to determine how much endowment life insurance reserves.
format	Theses
author	Nur Indah Berliana R, Aldila
spellingShingle	Nur Indah Berliana R, Aldila ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
author_facet	Nur Indah Berliana R, Aldila
author_sort	Nur Indah Berliana R, Aldila
title	ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
title_short	ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
title_full	ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
title_fullStr	ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
title_full_unstemmed	ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR
title_sort	endowment life insurance reserves with combined models of multiple lives and policyholder behavior
url	https://digilib.itb.ac.id/gdl/view/36129
_version_	1822924564305281024

ENDOWMENT LIFE INSURANCE RESERVES WITH COMBINED MODELS OF MULTIPLE LIVES AND POLICYHOLDER BEHAVIOR

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