Premium calculation is one of the important aspects to insurance companies. Careless determination of the premium price can cause the insurance company to fail to bear the risk that the company has. There are several ...

Based on the results of this study which is shown in previous chapters, it can be concluded that: 1. Calculation of premium reserves for endowment life insurance using the Full Preliminary Term method and the Commissioner's ...

The premium reserve is important in the life insurance business since it reflects on the company’s liability to be paid to the insured. As a result, a sufficient amount of premium reserve is required while negative amount ...

In Indonesia, the insurance firm usually calculate the premiums by Indonesia Mortality Table. But, there are several method to calculate the premiums like De Moivre Method. De Moivre Method is a method to calculate the ...

Profit serves as a valuable metric for both profit sharing and investment planning. Given that profit plays a pivotal role in evaluating a company's performance, it is important to be analyzed. This research aims to ...

The Normal approximation is a commonly used method by insurance companies to estimate the distribution of claims. However, the distribution of insurance claims often exhibits significant skewness, which cannot be adequately ...

Nowadays, stocks investment has been increasingly growing in the society. In investing activities, there are risks that may be experienced by investors. However, sometimes many investors do not realize how much risk they ...