Falden, Debbie Kusch; Nyegaard, Anna Kamille - In: Risks : open access journal 9 (2021) 1/15, pp. 1-28
Legislation imposes insurance companies to project their assets and liabilities in various financial scenarios. Within the setup of with-profit life insurance, we consider retrospective reserves and bonus, and we study projection of balances with and without policyholder behavior. The projection...
