2 citations · 2 across the 2 of their papers we have counts for
2 papers
q-fin.RM2024★ 2 cited
Lapse-supported life insurance and adverse selection
Oytun Haçarız, Torsten Kleinow, Angus S. Macdonald
If individuals at the highest mortality risk are also least likely to lapse a life insurance policy, then lapse-supported premiums magnify adverse selection costs. As an example, w…
q-fin.RM2023
On Technical Bases and Surplus in Life Insurance
Oytun Haçarız, Torsten Kleinow, Angus S. Macdonald
We revisit surplus on general life insurance contracts, represented by Markov models. We classify technical bases in terms of boundary conditions in Thiele's equation(s), allowing…