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  • Critical Review of Stochastic Simulation Literature and Applications for Health Actuaries
    However, a recent call for proposals for modeling mortality and lapse risks in life insurance shows an expanded ... of simulation model, multi-state, dynamic life-table models (of which the PopMod model used by Lauer ...

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    • Authors: Louise H Anderson, Ian G Duncan, Katherine Hall, Brian C Martinson
    • Date: Sep 2007
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance
    • Topics: Enterprise Risk Management; Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Markov Chain; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Stochastic models