On the application of Thiele's differential equation in life insurance

DOI10.1016/0167-6687(93)90536-XzbMath0789.62088WikidataQ115363817 ScholiaQ115363817MaRDI QIDQ1318552

Publication date: 16 June 1994

Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0167-6687(93)90536-x

zbMATH Keywords

Markov chain model; Thiele's differential equation; life contingencies; counting process approach; accumulation of surplus; alterations in technical bases; expected actual development of the mathematical reserve; insurance technical development of closed insurance portfolios; margins of safety; security aspects

Mathematics Subject Classification ID

62P05: Applications of statistics to actuarial sciences and financial mathematics

60J20: Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.)

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Cites Work