Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2010: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2009: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2008: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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Research Abstract |
The purpose of this research is to calculate insurance premiums by means of the new method of Monte Carl simulation rather than the traditional one based on the law of large numbers. The price of life settlements and finite insurance premium of captive insurance company in the interval of an insurance market and a capital market may substitute for insurance markets. And they have possibility of expanding insurance market themselves. However, in the case of dealing in people's life in a market on life settlements, it is important that institutional ethicality is collateralized.
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