Proceedings of the 21st International Conference on Industrial Engineering and Engineering Management 2014

Based on Credibility Measure the Force of Mortality in Life Insurance Actuarial

Authors
Minying Yuan, Wenwen Han, Dajun Sun
Corresponding author
Sun
Keywords
Credibility measure, force of mortality, residual life distribution function, survival function
Abstract
In order to establish continuous life insurance actuarial model theoretical system based on credibility measure, this paper defined the force of mortality based on credibility measure, and deduced the expressions of future lifetime distribution function, survival function, density function and actuarial notation by the force of mortality. Accordingly, it established models of continuous life functions based on credibility measure.
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