Legislation imposes insurance companies to project their assets and liabilities. 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 resides in a system of...

We extend the standard Cramér-Lundberg model to take the waiting time from occurrence to notification, and notification to settlement into account. Using this extended model and fixing a time of consideration, a prediction of the total outstanding liability of insurance claims that have...

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...

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...

Life insurance companies have a great interest in the calculation of prospective reserve sinceit is an item on the balance sheet of the company. In this thesis, we de ne the prospectivereserve such that we can incorporate reserve-dependent payments and such that companymade decisions like...

Life insurance companies face two types of risks: Financial risks and insurance risks. Financial risks can to a large extent be hedged by trading in the financial market, but there exists no such market for insurance risks. We suggest an alternative to hedge insurance risks. In a multi-state...