ON PROBABILITY-DISTRIBUTIONS OF PRESENT VALUES IN LIFE-INSURANCE

Authors
HESSELAGER O NORBERG R
Citation
O. Hesselager et R. Norberg, ON PROBABILITY-DISTRIBUTIONS OF PRESENT VALUES IN LIFE-INSURANCE, Insurance. Mathematics & economics, 18(1), 1996, pp. 35-42
Citations number
4
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,"Mathematical, Methods, Social Sciences
Journal title
Insurance. Mathematics & economics → ACNP
ISSN journal
01676687
Volume
18
Issue
1
Year of publication
1996
Pages
35 - 42
Database
ISI
SICI code
0167-6687(1996)18:1<35:OPOPVI>2.0.ZU;2-L
Abstract
A system of integral equations is obtained for the statewise probabili ty distributions of the present value of future payments on a multista te life insurance policy under Markov assumptions. They are brought on a differential form convenient for computation and applied to some ca ses.