Actuarial Models for Disability Insurance: 1st Edition (Hardback) book cover

Actuarial Models for Disability Insurance

1st Edition

By Steven Haberman, E Pitacco

Chapman and Hall/CRC

280 pages

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Hardback: 9780849303890
pub: 1998-10-20
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pub: 2018-12-13
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Description

Disability insurance, long-term care insurance, and critical illness cover are becoming increasingly important in developed countries as the problems of demographic aging come to the fore. The private sector insurance industry is providing solutions to problems resulting from these pressures and other demands of better educated and more prosperous populations. Actuarial Models for Disability Insurance examines the actuarial structure of disability insurance, long-term care insurance, and critical illness cover, including problems encountered in the design and development of such insurances. Actuarial problems such as pricing and reserving are considered within the context of multiple state modeling, providing a vigorous and sound framework for analyzing personal insurances.

Table of Contents

Preface

Introduction: A History of Multiple State Models and the Actuarial Contribution to Disability Insurance

Multiple State Models for Life and Other Contingencies: The Time-Continuous Approach

Multiple State Models for Life and Other Contingencies: The Time-Discrete Approach

Disability Insurance

The Graduation of Transition Intensities

Critical Illness Cover

Long-Term Care Insurance

Actuarial Models for AIDS

Indexing Benefits in Insurance Packages

References

Subject Categories

BISAC Subject Codes/Headings:
BUS027000
BUSINESS & ECONOMICS / Finance
MAT000000
MATHEMATICS / General
MAT029000
MATHEMATICS / Probability & Statistics / General