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dc.contributor.authorAlonso González, Pablo
dc.contributor.authorAlbarrán Lozano, Irene
dc.date.accessioned2009-06-25T10:01:04Z
dc.date.available2009-06-25T10:01:04Z
dc.date.issued2009-04
dc.identifier.bibliographicCitationAlcamentos, N. 0902es_ES
dc.identifier.urihttp://hdl.handle.net/10017/3323
dc.descriptionThis work has been financed by Spanish Ministry of Education and Science and National Plan for Scientific Investigation, Development and Technological Innovation through the project SEJ2005-08070/ECON, and co-financed by FEDER funds.en
dc.description.abstractThe passing of the Law 39/2006 has given to Spanish insurance companies the chance of offering products that cover the expenses associated to the risk of dependence. However, due to the lack of reliable statistic information about dependent population, it is extremely difficult to evaluate not only the frequency but also the cost. These two items make the pricing process with a big cloud of uncertainty. This paper proposes a methodology for premium calculation taking into account not only the availability of the data but also the current legal framework in Spain. Together to the theoretical approach, premium calculations for two possible versions are included. Finally, it is introduced a simulation model that pretends to evaluate the impact that a portfolio with these kind of contracts would have on the solvency of an insurance company.en
dc.format.mimetypeapplication/pdfen
dc.language.isoengen
dc.publisherUniversidad de Alcalá. Departamento de Estadística, Estructura Económica y Organización Económica Internacionales_ES
dc.subjectLong term insuranceen
dc.subjectPricingen
dc.subjectMulti-state modelen
dc.subjectSimulationen
dc.subjectSolvencyen
dc.subject.jelG22
dc.subject.jelC39
dc.subject.jelC15
dc.subject.jelC63
dc.titlePrivate long term care insurance : theoretical approach and results applied to the Spanish caseen
dc.typeinfo:eu-repo/semantics/workingPaperen
dc.subject.ecienciaCIENCIAS ECONÓMICASes_ES
dc.subject.ecienciaEstadísticaes_ES
dc.subject.ecienciaECONOMICSen
dc.subject.ecienciaStatisticsen
dc.contributor.affiliationUniversidad de Alcalá. Departamento de Estadística, Estructura Económica y Organización Económica Internacionales_ES
dc.relation.projectIDSEJ2005-08070/ECON (Ministerio de Educación y Ciencia)es_ES
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessen


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