How to Build a Modern Tontine

How to Build a Modern Tontine

Algorithms, Scripts and Tips

Milevsky, Moshe Arye

Springer International Publishing AG

06/2022

156

Dura

Inglês

9783031009273

15 a 20 dias

442

Descrição não disponível.
1. Why Tontines? Why Now?.- 2. Financial & Actuarial Background.- 3. Building a Tontine Simulation in R.- 4. Statistical Risk Management.- 5. Death Benefits, Refunds & Covenants.- 6. Goodbye LogNormal Distribution.- 7. Squeezing the Most from Mortality.- 8. Managing a Competitive Tontine Business.- 9. Solutions & Advanced Hints.- 10. Concluding Remarks: Tontine Thinking.
Open Access;tontine;risk management;retirement;decumulation;insurance;Business Analytics;Mathematical Finance;Statistical Finance