On the distribution of stochastic life annuities with application to Philippine mortality data

• Main Authors: Ceniza, Rochelle Patricia L., Co, Kaiser Timothy C.
• Format: text
• Language: English
• Published: Animo Repository 2009
• Subjects: Life annuities > Philippines > Mathematical models; Mortality > Philippines > Mathematical models; Mortality > Philippines > Forecasting; Mortality > Philippines; Statistics and Probability
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/5229
• Institution: De La Salle University

In the area of life contingencies, life annuities are computed by treating mortality as a random variable and the force of interest as a constant. However, the financial environment in which the annuity is exposed in can change the rate of interest because of inflations and investment failures. This...