Jim Daniel's LTAM Seminar Excerpts

Profit analysis

Profit analysis describes the analysis of annual profit for general fully-discrete insurances. It contains about 5 pages of text. Here is the table of contents:

  • 1.1 Introduction
    • 1.1.1 The alive-dead setting
    • 1.1.2 The multi-state setting
  • 1.2 Annual profit
    • 1.2.1 Anticipated profit, actual profit, and gain
    • 1.2.2 Allocating gain among expense, interest, and mortality
  • 1.3 Annual profit expected at issue
  • 1.4 Profit measures, or profit testing

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