{"title":"Risk premiums in life insurance","authors":"Elinor Mualem, Abraham Zaks","doi":"10.21511/INS.10(1).2019.01","DOIUrl":null,"url":null,"abstract":"Determining a premium for an insured person in an insurance company takes under consideration many factors, such as the size and profitability of the insurance company. By standard insurance theory, the total premium is given by p 3 σ/√n when n is the number of assured members, p is the net premium and σ is the variance per member. In this paper we give numeric estimation to σ.","PeriodicalId":32827,"journal":{"name":"Insurance Markets and Companies","volume":"748 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Insurance Markets and Companies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.21511/INS.10(1).2019.01","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 1
Abstract
Determining a premium for an insured person in an insurance company takes under consideration many factors, such as the size and profitability of the insurance company. By standard insurance theory, the total premium is given by p 3 σ/√n when n is the number of assured members, p is the net premium and σ is the variance per member. In this paper we give numeric estimation to σ.