Abstract
The present study deals with a group of insurance policies complementary to life insurance ones, concerning Dread Disease risk in additional form as to term insurance policies or in early form as to upgraded endowment ones, provided by the Italian insurance market.
They deal with random benefits of parts with reference to disease and death occurrences as well as a first and a second moments, in order to get probability for the portfolio here considered, having a coverage fund but no reinsurance.
The problem is faced also in case of a specific correlation among risks and the correlation is determined among the various components of the random gain on single policies. In the end a numerical application of schemes involved is also worked out.
KEYWORDS: Correlation, Dread Disease, Risk
Volume
Porto Cervo, Italy
Year
2000
Categories
Financial and Statistical Methods
Extreme Event Modeling
Other Extreme Events
Practice Areas
International Areas
Business Areas
Other Lines of Business
Business Areas
Workers Compensation
Publications
ASTIN Colloquium
