Mathematics

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Browsing Mathematics by Author "Agusha, Zikra"

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    CADANGAN PROSPEKTIF ASURANSI JIWA BERJANGKA BERDASARKAN ASUMSI SEMI-MARKOV
    (Elfitra, 2023-01) Agusha, Zikra
    This article discusses prospective reserves of term life insurance for single insur- ance participant who are x years old based on semi-Markov assumptions and the calculating reserve is using semi-Markov assumptions. Solution of this problem is obtained by determining the single premium, annual premium, and life annuity, then the reserve formula is obtained base on the semi-Markov assumptions which is using Markov chain calculation.