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  1. Introduction to life insurance. 1.1 Summary. Actuaries apply scientific principles and techniques from a range of other dis-ciplines to problems involving risk, uncertainty and finance.

  2. 10 paź 2022 · The purpose of the study is to develop the theoretical and methodological basis of life insurance, substantiate methodological approaches to its study in the context of a systematic...

  3. This book is different from all other books on Life Insurance by at least one of the following characteristics 1-4. 1. The treatment of life insurances at three different levels: time-capital, present value and price level.

  4. Introduction to life insurance. 1.1 Summary. Actuaries apply scientific principles and techniques from a range of other disciplines to problems involving risk, uncertainty and finance.

  5. The treatment of life insurances at three different levels: time-capital, present value and price level. We call time-capital any distribution of a capital over time:

  6. This paper presents a prospect theory-based model of insurance against mortality risk. The model accounts for five main puzzles from life insurance and annuity markets: under-annuitization; insufficient life insurance among the working age; excessive life insurance among the elderly; guarantee clauses; and the simultaneous holding of life ...

  7. argue that the divergence of insurance theory and practice results from three phenomena: the first on the supply side, the second on the demand side, and the third a true joint product.

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