Browsing by Author "Irzal, Awdia Kirana"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    CADANGAN FULL PRELIMINARY TERM ASURANSI JIWA DWIGUNA DENGAN DISTRIBUSI PARETO DAN TINGKAT BUNGA COX-INGERSOLL-ROSS
    (perpustakaan UR, 2021-09) Irzal, Awdia Kirana
    This article discusses full preliminary term reserve of endowment insurance for single insurance participant who are x years old using the interest rate model of Cox- Ingersoll-Ross and Pareto distribution. The parameters in the model is estimated using maximum likelihood methods. The solution of this problem is obtained by determining the single premium, annual premium, and life annuity. Then the reserve formula is obtained based on the distribution of Pareto and the interest rate model of Cox-Ingersoll-Ross.