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Statistical analysis of life assurance lapses

Published online by Cambridge University Press:  20 April 2012

A. E. Renshaw  and
S. Haberman
A. E. Renshaw
Affiliation:
The City University, London
S. Haberman
Affiliation:
The City University, London
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Extract

Data have been generously supplied by the Faculty of Actuaries Withdrawals Research Group. These data cover the lapse or withdrawal experience for the calendar year 1976 of seven Scottish life offices. An extensive analysis has been published by the Research Group although, for reasons we shall discuss later, we believe that the approach outlined here is better able to describe the structure of the data than the detailed (and somewhat pedestrian) tabulations of this earlier paper.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 113 , Issue 3 , December 1986 , pp. 459 - 497
Copyright
Copyright © Institute and Faculty of Actuaries 1986

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