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Net Premium Reserves

  • Hans U. Gerber
Chapter

Abstract

Consider an insurance policy which is financed by net premiums. At the time of policy issue, the expected present value of future premiums equals the expected present value of future benefit payments, making the expected loss L of the insurer zero.

Keywords

Risk Premium Life Insurance Survival Risk Term Insurance Life Annuity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1997

Authors and Affiliations

  • Hans U. Gerber
    • 1
  1. 1.Ecole des H. E. C.Université de LausanneLausanneSwitzerland

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