Actuarial calculations with frailty models.

The aim of this study is to find out whether heterogeneity in a population is significant enough to recommend the frailty model in pricing life insurance products. To accomplish this aim, the study uses two tests of hypotheses: the Kolmogorov-Smimov test and the Likelihood ratio test. The research a...

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Bibliographic Details
Main Author:	Wong, George Chung Ming.
Other Authors:	Nanyang Business School
Format:	Theses and Dissertations
Published:	2008
Subjects:	DRNTU::Business::Finance::Actuarial science
Online Access:	http://hdl.handle.net/10356/7787
Tags:	Add Tag No Tags, Be the first to tag this record!
Institution:	Nanyang Technological University

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record_format	dspace
spelling	sg-ntu-dr.10356-77872024-01-12T10:20:47Z Actuarial calculations with frailty models. Wong, George Chung Ming. Nanyang Business School DRNTU::Business::Finance::Actuarial science The aim of this study is to find out whether heterogeneity in a population is significant enough to recommend the frailty model in pricing life insurance products. To accomplish this aim, the study uses two tests of hypotheses: the Kolmogorov-Smimov test and the Likelihood ratio test. The research arrives at the conclusion that the presence of heterogeneity in a population with respect to a specific risk category is insignificant and there is no need to recommend the frailty model for pricing life insurance products. Master of Business 2008-09-18T07:51:17Z 2008-09-18T07:51:17Z 2000 2000 Thesis http://hdl.handle.net/10356/7787 Nanyang Technological University 125 p. en application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Business::Finance::Actuarial science
spellingShingle	DRNTU::Business::Finance::Actuarial science Wong, George Chung Ming. Actuarial calculations with frailty models.
description	The aim of this study is to find out whether heterogeneity in a population is significant enough to recommend the frailty model in pricing life insurance products. To accomplish this aim, the study uses two tests of hypotheses: the Kolmogorov-Smimov test and the Likelihood ratio test. The research arrives at the conclusion that the presence of heterogeneity in a population with respect to a specific risk category is insignificant and there is no need to recommend the frailty model for pricing life insurance products.
author2	Nanyang Business School
author_facet	Nanyang Business School Wong, George Chung Ming.
format	Theses and Dissertations
author	Wong, George Chung Ming.
author_sort	Wong, George Chung Ming.
title	Actuarial calculations with frailty models.
title_short	Actuarial calculations with frailty models.
title_full	Actuarial calculations with frailty models.
title_fullStr	Actuarial calculations with frailty models.
title_full_unstemmed	Actuarial calculations with frailty models.
title_sort	actuarial calculations with frailty models.
publishDate	2008
url	http://hdl.handle.net/10356/7787
_version_	1789483067087257600

Actuarial calculations with frailty models.

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