Actuarial Models for Disability Insurance

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Content: Cover Half Title Title Page Copyright Page Table of Contents Preface Introduction: a history of multiple state models and the actuarial contribution to disability insurance Multiple state models Applications to insurance 1: Multiple state models for life and other contingencies: the time-continuous approach 1.1 States and transitions 1.2 Benefits and premiums 1.3 Examples 1.4 The time-continuous Markov model 1.5 Examples 1.6 The semi-Markov model 1.7 Splitting of states 1.8 Finding transition probabilities 1.9 Increment-decrement tables 1.10 Actuarial values of benefits 1.11 Premiums and reserves1.12 Examples 1.13 Distributions of random present values 1.14 References and suggestions for further reading 2: Multiple state models for life and other contingencies: the time-discrete approach 2.1 The time-discrete Markov model 2.2 Examples 2.3 Splitting of states 2.4 Actuarial values, premiums and reserves 2.5 Emerging costs profit testing 2.6 References and suggestions for further reading 3: Disability insurance 3.1 Types of benefits 3.2 General actuarial aspects concerning a disability annuity 3.3 Some particular calculation procedures for disability annuities -- I3.4 Some particular calculation procedures for disability insurance -- II 3.5 Permanent disability lump sums 3.6 References and suggestions for further reading 4: The graduation of transition intensities 4.1 Introduction to graduation 4.2 Crude estimates of the transition intensities 4.3 Introduction to generalized linear models 4.4 Graduation of transition intensities using generalized linear models 4.5 Computational aspects of constructing a multiple state model 4.6 References and suggestions for further reading 7: Actuarial models for AIDS7.1 Introduction 7.2 Institute of Actuaries AIDS Working Party model 7.3 Dutch AIDS model 7.4 Walter Reed Staging Method (WRSM) model 7.5 Haberman model and disability insurance Appendix 8: Indexing benefits in insurance packages 8.1 Introduction 8.2 Linking benefits and premiums to some index -- a formal statement 8.3 Practical aspects of benefit indexing in insurance packages 8.4 Some examples 8.5 Some numerical examples 8.6 References and suggestions for further reading Bibliography Index