Jim Daniel's LTAM Seminar Excerpts

Percentile (and other) premium principles

Percentile (and other) premium principles discusses determining premiums by the Percentile Principle or by making conservative assumptions. It contains about 3 pages of text. Here is the table of contents:

  • 1.1 Introduction
  • 1.2 Using conservative assumptions
  • 1.3 Computing percentile premiums
    • 1.3.1 A single insured
    • 1.3.2 The Normal approximation with many insureds

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