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Document Details : Title: A portfolio of endowment policies and its limited distribution Author(s): PARKER, G. Journal: ASTIN Bulletin Volume: 26 Issue: 1 Date: May 1996 Pages: 25-33 DOI: 10.2143/AST.26.1.563231 Abstract : Two methods for approximating the limiting distribution of the present value of the benefits of a portfolio of identical endowment insurance contracts are suggested. The model used assumes that both future lifetimes and interest rates me random. The first method is similar to the one presented in PARKER (1994b). The second method is based on the relationship between temporary and endowment insurance contracts. |
