Jensen, Ninna Reitzel; Schomacker, Kristian Juul - In: Risks : open access journal 3 (2015) 2, pp. 183-218
Using a two-account model with event risk, we model life insurance contracts taking into account both guaranteed and non-guaranteed payments in participating life insurance as well as in unit-linked insurance. Here, event risk is used as a generic term for life insurance events, such as death,...
