IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789812774668_0006.html
   My bibliography  Save this book chapter

Some Applications of Financial Economics to Insurance

In: Actuarial Science Theory and Methodology

Author

Listed:
  • Hanji Shang

    (Fudan University, China)

Abstract

The following sections are included:IntroductionGeneral Framework of the Valuation of Unit-linked Insurance PolicyDifferential Equation Models for the Valuation of Policies without Surrender OptionP.D.E. Model for the Valuation of Policies with Surrender OptionGeneralized Expected Discounted Value ApproachFair Valuation of First Kind of Unit-linked PolicyThe Case σ(t, A) = 0The Case σ(t, A) ≠ 0Fair Valuation of Second Kind of Unit-linked Policy without Surrender OptionP.D.E. ApproachG.E.D.V. ApproachFair Valuation of Second Kind of Unit-linked Policy with Surrender OptionAnalysis of ParametersLocal Analysis of Free Boundary near the Expiry DateIntegral Equation on ν(t, A)Numerical ResultsLinear Complementary Problem and Projected SOR MethodSolving Integral Equation (6.131)References

Suggested Citation

  • Hanji Shang, 2006. "Some Applications of Financial Economics to Insurance," World Scientific Book Chapters, in: Hanji Shang (ed.), Actuarial Science Theory and Methodology, chapter 6, pages 201-244, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812774668_0006
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789812774668_0006
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789812774668_0006
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789812774668_0006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.