2 papers
q-fin.RM2026
On the Impact of Insurance on Households Susceptible to Random Proportional Losses: An Analysis of Poverty Trapping
Kira Henshaw, Jorge Ramirez, José Miguel Flores-Contró +3
The trapping probability, , as defined in Kovacevic and Pflug (2011), is modelled by assuming proportional capital losses, both in the case where there is no insurance and in t…
q-fin.PR2024
On the valuation of life insurance policies for dependent coupled lives
Kira Henshaw, Cedric H. A. Koffi, Olivier Menoukeu Pamen +1
In this paper, we investigate a complex variation of the standard joint life annuity policy by introducing three distinct contingent benefits for the surviving member(s) of a coupl…