PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR
Premium is a sum of money that must be paid by insurance participants to insurance company, based on insurance contract. Premium payment are affected by interest rates. The interest rates change according to stochastic process. The purpose of this work is to calculate the price of joint life insura...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Udayana
2019-08-01
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| Series: | E-Jurnal Matematika |
| Online Access: | https://ojs.unud.ac.id/index.php/mtk/article/view/52591 |
| _version_ | 1819045929629515776 |
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| author | I MADE WAHYU WIGUNA KETUT JAYANEGARA I NYOMAN WIDANA |
| author_facet | I MADE WAHYU WIGUNA KETUT JAYANEGARA I NYOMAN WIDANA |
| author_sort | I MADE WAHYU WIGUNA |
| collection | DOAJ |
| description | Premium is a sum of money that must be paid by insurance participants to insurance company, based on insurance contract. Premium payment are affected by interest rates. The interest rates change according to stochastic process. The purpose of this work is to calculate the price of joint life insurance premiums with Vasicek and CIR models. The price of a joint life insurance premium with Vasicek and CIR models, at the age of the insured 35 and 30 years has increased until the last year of the contract. The price of a joint life insurance premium with Vasicek model is more expensive than the premium price using CIR model. |
| first_indexed | 2024-12-21T10:36:23Z |
| format | Article |
| id | doaj.art-cd2ef1aeff7b45ba8f5576d7d5f38dbe |
| institution | Directory Open Access Journal |
| issn | 2303-1751 |
| language | English |
| last_indexed | 2024-12-21T10:36:23Z |
| publishDate | 2019-08-01 |
| publisher | Universitas Udayana |
| record_format | Article |
| series | E-Jurnal Matematika |
| spelling | doaj.art-cd2ef1aeff7b45ba8f5576d7d5f38dbe2022-12-21T19:07:04ZengUniversitas UdayanaE-Jurnal Matematika2303-17512019-08-018324625210.24843/MTK.2019.v08.i03.p26052591PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIRI MADE WAHYU WIGUNA0KETUT JAYANEGARA1I NYOMAN WIDANA2Udayana UniversityUdayana UniversityUdayana UniversityPremium is a sum of money that must be paid by insurance participants to insurance company, based on insurance contract. Premium payment are affected by interest rates. The interest rates change according to stochastic process. The purpose of this work is to calculate the price of joint life insurance premiums with Vasicek and CIR models. The price of a joint life insurance premium with Vasicek and CIR models, at the age of the insured 35 and 30 years has increased until the last year of the contract. The price of a joint life insurance premium with Vasicek model is more expensive than the premium price using CIR model.https://ojs.unud.ac.id/index.php/mtk/article/view/52591 |
| spellingShingle | I MADE WAHYU WIGUNA KETUT JAYANEGARA I NYOMAN WIDANA PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR E-Jurnal Matematika |
| title | PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR |
| title_full | PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR |
| title_fullStr | PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR |
| title_full_unstemmed | PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR |
| title_short | PERHITUNGAN PREMI ASURANSI JOINT LIFE DENGAN MODEL VASICEK DAN CIR |
| title_sort | perhitungan premi asuransi joint life dengan model vasicek dan cir |
| url | https://ojs.unud.ac.id/index.php/mtk/article/view/52591 |
| work_keys_str_mv | AT imadewahyuwiguna perhitunganpremiasuransijointlifedenganmodelvasicekdancir AT ketutjayanegara perhitunganpremiasuransijointlifedenganmodelvasicekdancir AT inyomanwidana perhitunganpremiasuransijointlifedenganmodelvasicekdancir |