Selected applications of cash flow models of life insurance
| Thesis title: | Selected applications of cash flow models of life insurance |
|---|---|
| Author: | Hoang, Thu Giang |
| Thesis type: | Diploma thesis |
| Supervisor: | Janeček, Martin |
| Opponents: | Fojtík, Jan |
| Thesis language: | English |
| Abstract: | The thesis deals with the practical applications of a cash flows model in a life insurance company accompanied by illustrative numerical examples. Specifically, the applications presented are profit testing, calculation of value of liabilities, liability adequacy test and estimation of company value (embedded value). The thesis is structured in three chapters. Firstly, life insurance companies and their products are introduced. Then the cash flows model and its components are described in detail. The third chapter presents each application one by one, firstly of their main principle and then demonstrates with a real example of endowment product. The thesis is a consolidated source of cash flows model’s application in life insurance. |
| Keywords: | cash flows model; life insurance; liability adequacy test; embedded value; profit testing; fair value of liabilities; endowment |
| Thesis title: | Selected applications of cash flow models of life insurance |
|---|---|
| Author: | Hoang, Thu Giang |
| Thesis type: | Diplomová práce |
| Supervisor: | Janeček, Martin |
| Opponents: | Fojtík, Jan |
| Thesis language: | English |
| Abstract: | The thesis deals with the practical applications of a cash flows model in a life insurance company accompanied by illustrative numerical examples. Specifically, the applications presented are profit testing, calculation of value of liabilities, liability adequacy test and estimation of company value (embedded value). The thesis is structured in three chapters. Firstly, life insurance companies and their products are introduced. Then the cash flows model and its components are described in detail. The third chapter presents each application one by one, firstly of their main principle and then demonstrates with a real example of endowment product. The thesis is a consolidated source of cash flows model’s application in life insurance. |
| Keywords: | life insurance; profit testing; fair value of liabilities; liability adequacy test; embedded value; cash flows model; endowment |
Information about study
| Study programme: | Kvantitativní metody v ekonomice/Quantitative Economic Analysis |
|---|---|
| Type of study programme: | Magisterský studijní program |
| Assigned degree: | Ing. |
| Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
| Faculty: | Faculty of Informatics and Statistics |
| Department: | Department of Statistics and Probability |
Information on submission and defense
| Date of assignment: | 22. 8. 2019 |
|---|---|
| Date of submission: | 24. 6. 2020 |
| Date of defense: | 26. 8. 2020 |
| Identifier in the InSIS system: | https://insis.vse.cz/zp/70272/podrobnosti |