Browsing Faculty of Science & Technology (FST) by Author "David, Oduor Keya"
Now showing items 1-1 of 1
-
Modeling lapse risk using cointegration and error correction approach
David, Oduor Keya (2015)Policy lapse, in life insurance, is the ratio of the number of policies that default during a period to the average number of policies written within that period. It is a phenomenon that occurs during the activity of ...