ch3中财非寿险精算(韦晓).pptxVIP

Ch3CoverageModificationsBasedonthelossdistributionX,thepaymentofaninsurancepolicyshouldbedistinguishedbetweenperlossandperpayment.Weconsiderthepayments,underOrdinarydeductibleFranchisedeductibleInflationeffectonpaymentPolicylimitCoinsuranceCh3.1OrdinarydeductibleDef:WhenlossXisatorbelowd,paysnothing;whenlossXisaboved,paysX-d.PaymentperpaymentPaymentperlossCh3.2FranchisedeductibleDef:WhenlossXisatorbelowd,paysnothing;whenlossXisaboved,paysX.PaymentperpaymentPaymentperlossExpectedcostOrdinarydeductibletheexpectedcostperlossisTheexpectedcostperpaymentisFranchisedeductibletheexpectedcostperlossisTheexpectedcostperpaymentisCh3.3effectsofdeductibleandinflationonpaymentLosseliminationratio=(expectedloss-expectedcost)/expectedlossOrdinarydeductibleFranchisedeductibleCh3.3effectsofdeductibleandinflationonpaymentEffectofinflationLossXY:=(1+r)XWithordinarydeductibledandinflationr,theexpectedcostperlossisCh3.4policylimitDefWhenlossXisbelowu,paysX;whenlossXisatoraboveu,paysu.Withpolicylimituandinflationr,theexpectedcostisCh3.5coinsuranceDefWhenlossisX,paysaX;Withordinarydeductibled,policylimituinflationrandcoinsurancea