Found 3 relevant results in 2.84s where lecturer="Michael Koller"
Stochastic Models for Life insurance1) Markov chains2) Stochastic Processes for demography and interest rates3) Cash flow streams and reserves4) Mathematical Reserves and Thiele's differential equation5) Theorem of Hattendorff6) Unit linked policies
The classical life insurance model is presented together with the important insurance types (insurance on one and two lives, term and endowment insurance and disability). Besides that the most important terms such as mathematical reserves are introduced and calculated. The profit and loss account and the balance sheet of a life insurance company is explained and illustrated.
Life Insurance Mathematics I
Lebensversicherungsmathematik I
Die Vorlesung will eine Basiseinführung in das klassische Modell der Lebensversicherungsmathematik geben. In diesem ersten Teil kommen zur Darstellung: Historische Entwicklung, Definitionen, Bedeutung. Wissenschaftliche Grundlagen (Finanzmathematik, Wahrscheinlichkeitstheorie), technische Grundlagen zum Aufbau des Tarifgebäudes (Sterbetafeln, technischer Zinsfuss, Tarifierungsprinzipien).