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Life insurance: reserving

  • Annamaria OlivieriEmail author
  • Ermanno Pitacco
Chapter
  • 2k Downloads

Abstract

The insurer’s debt position, which is an obvious implication of the single premium arrangement, must be realized also when other premium arrangements are adopted. This need clearly emerged in Sect. 4.4.1. We recall that an asset accumulation - decumulation process develops, throughout the policy duration, against the insurer’s debt position. A technical tool for assessing the insurer’s debt is provided by the socalled mathematical reserve.

Keywords

Life Insurance Insurance Product Term Insurance Policy Reserve Single Premium 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Dipartimento di EconomiaUniversità di ParmaParmaItaly
  2. 2.Dipartimento di Scienze Economiche, Aziendali, Matematiche e StatisticheUniversità di TriesteTriesteItaly

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