| Abstract [eng] |
This Master’s thesis analyzes the expressions for calculating single net premiums in life insurance based on the equivalence principle. The work thoroughly examines three main mortality assumptions for fractional ages — uniform distribution of deaths, Balducci, and constant force of mortality — and derives premium expressions for various insurance products as well as provides theoretical comparison of expectations. Furthermore, the thesis presents a method for calculating periodic premiums from the available single premiums, and all theoretical material is illustrated and confirmed with practical examples. |
