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  • Stochastic Modeling Is On the Rise
    necessitate stochastic modeling for both pricing and valuation. NEED FOR CONTINUED RESEARCH Given these and ... rates in the Monte Carlo simulation to lapse individual policies randomly.1 STOCHASTIC BASE MORTALITY ...

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    • Authors: Michael Failor, David Wylde
    • Date: Nov 2016
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Product Matters!
    • Topics: Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models