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Examining Changes in Reserves Using Stochastic Interest Models
Models This paper focuses on the fact that life and annuity reserves that are determined from discounted case ... consequences of changes in the interest environment. Annuity reserves;Discount rates=Interest rates;Life reserves;Interest ...- Authors: Edward Frees, Siu-Wai Lai
- Date: Jan 1995
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Modeling & Statistical Methods>Stochastic models