dc.contributor.author | Ronoh, David K | |
dc.date.accessioned | 2013-05-29T07:34:24Z | |
dc.date.available | 2013-05-29T07:34:24Z | |
dc.date.issued | 2002 | |
dc.identifier.citation | PGD- Actuarial Science | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/26812 | |
dc.description | Postgraduate diploma in Actuarial Science | en |
dc.description.abstract | This project paper discusses the life insurance product pricing by showing how insurers
estimate their costs of providing a product's benefits and incorporating this cost into the
product's price, along with an underwriting margin. This study considers/investigates
how insurers calculate the net premiums. It is noted that mortality is the main factor of
determining the cost of insurance products hence we analyse the effect of varying
mortality experience on the various types of mortality tables and explains how insurers
incorporate benefit costs into the prices of various types of life insurance products and
annuities.
The project utilises the data from Relevant Morality Tables from Faculty and Institute of
Actuaries, Research work on Kenya Mortality Tables from Population and Research
Institute of University of Nairobi, Insurance Act 1984& Insurance Schedules for
actuarial bases, mortality data from the insurance industry in Kenya. | en |
dc.description.sponsorship | University of Nairobi | en |
dc.language.iso | en | en |
dc.title | The pricing of conventional life insurance Products by reflecting mortality risks | en |
dc.type | Thesis | en |
local.publisher | School of Mathematics, University of Nairobi | en |