000			03322nam a22004575i 4500
001			978-81-322-0659-0
003			DE-He213
005			20140220083334.0
007			cr nn 008mamaa
008			120703s2012 ii | s |||| 0|eng d
020			_a9788132206590 _9978-81-322-0659-0
024	7		_a10.1007/978-81-322-0659-0 _2doi
050		4	_aQA276-280
072		7	_aPBT _2bicssc
072		7	_aK _2bicssc
072		7	_aBUS061000 _2bisacsh
082	0	4	_a330.015195 _223
100	1		_aDeshmukh, Shailaja. _eauthor.
245	1	0	_aMultiple Decrement Models in Insurance _h[electronic resource] : _bAn Introduction Using R / _cby Shailaja Deshmukh.
264		1	_aIndia : _bSpringer India : _bImprint: Springer, _c2012.
300			_aXVI, 220 p. 7 illus. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aMultiple Decrement Models -- Introduction -- Time to Decrement and Cause of Decrement Random Variables -- Multiple Decrement Table -- Associated Single Decrement Model -- Exercises -- Premiums and Reserves for Multiple Decrement Model -- Introduction -- Actuarial Present Value of Benefit -- Computation of Premiums -- Computation of Reserves -- Exercises -- Defined Benefit Pension Plan -- Introduction -- Actuarial Present Value of Pension Benefit -- Exercises -- Pension Funding -- Introduction -- Accrued Benefit Cost Method for an Individual -- Accrued Benefit Cost Method for a Group -- Aggregate Actuarial Cost Method -- Exercises -- Multi-State Transition Models For Cash Flows -- Introduction -- Markov Chain -- Actuarial Present Values of Cash Flows -- Markov Process Model -- Exercises.                       .
520			_aThe book will serve as a guide to many actuarial concepts and statistical techniques in multiple decrement models and their application in calculation of premiums and reserves in life insurance products with riders and in pension and employee benefit plans as in these schemes, the benefit paid on termination of employment depends upon the several causes of termination. Multiple state models are discussed to accommodate the insurance products in which the payment of benefits or premiums is dependent on being in a given state or moving between a given pair of states at a given time, for example, disability income insurance model. The book also discusses stochastic models for interest rates and calculation of premiums for some products in this set up. The highlight of the book is usage of R software, freely available from public domain, for computations of various monetary functions involved in insurance business. R commands are given for all the computations.
650		0	_aStatistics.
650		0	_aMathematical statistics.
650		0	_aEconomics _xStatistics.
650	1	4	_aStatistics.
650	2	4	_aStatistics for Business/Economics/Mathematical Finance/Insurance.
650	2	4	_aInsurance.
650	2	4	_aStatistical Theory and Methods.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9788132206583
856	4	0	_uhttp://dx.doi.org/10.1007/978-81-322-0659-0
912			_aZDB-2-SMA
999			_c104063 _d104063