Chapter 7
Life Contingencies
Giorgio Spedicato
UnipolSai Assicurazioni Bologna, Italy
7.1 Introduction
This aims to show how standard financial and actuarial mathematics calculations for life-contingent risks can be easily performed within the R statistical software and lifecontingencies package, Spedicato (2013a). While theoretical concepts will be briefly recalled during the exposition, the interested reader could find deeper details within standard actuarial references such as Finan (n.d.), Dickson et al. (2009), Bowers et al. (1997), and Ruckman & Francis (n.d.).
The chapter will be organized as follows: Section 7.2 will deal with financial mathematics applications, Section 7.3 will show life table analysis and applications, Section 7.4 ...
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