Description: The purpose of this paper is to discuss computer application, the management of an insurance enterprise in an automobile insurance marketplace wherein a number of insurers compete for marketshare and profit. The paper begins with a description of the computer program next, a cursory description of the model is given then, the assumptions of the model are discussed next, potential future modifications are discussed and, finally, a prognosis is given.

Description: This paper presents a new methodology for obtaining fast algorithms and closed form solutions for pricing callable bonds in continuous time models. Results are directly applicable to regulatory scenario testing, immunization and market value accounting.