Some Actuarial Formula of Life Insurance for Fuzzy Markets

Qiaoyu Huang, Liang Lin, Tao Sun

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DOI: 10.4236/am.2011.28145                

Abstract

This paper presents an actuarial model of life insurance for fuzzy markets based on Liu process. At first, some researches about an actuarial model of life insurance for stochastic market and concepts about fuzzy process have been reviewed. Then, an actuarial model of life insurance for fuzzy process is formulated.

Keywords

Fuzzy Actuarial Model, Fuzzy Process, Liu Process, Geometric Liu Process, Actuarial Formula

Conflicts of Interest

The authors declare no conflicts of interest.

References

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