Summary: |
| This paper expands previous work that has been done on a methodology for simulating the mortality experience of employer based group benefit policies using Monte Carlo simulation with specific focus on profit sharing arrangements. We show that results of these simulations could be simplified to a formula that may be applied in practical situations. We investigate the impact of varying assumptions and we also suggest other applications for this methodology. |
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| Date: 1 June - Time: 11:00 to 12:30 - Room: 341 |
| Theme: 9.A. Various topics |
