2 citations · 2 across the 2 of their papers we have counts for
2 papers
q-fin.PR2025
A review of the Markov model of life insurance with a view to surplus
Oytun Haçarız, Torsten Kleinow, Angus S. Macdonald
We review Markov models of surplus in life insurance based on a counting process following Norberg (1991), uniting probabilistic theory with elements of practice largely drawn from…
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…