Life settlements pricing based on fuzzy interest rates ‎arisen ‎‎from‎ ‎life ‎insurance‎ ‎premiums

Mahboubeh Aalaei; Khadijeh Ebrahimnezhad

Volume 3, Issue 2 , December 2023, , Pages 177-188

https://doi.org/10.22054/jmmf.2024.77678.1114

Abstract
  ‎In this article, fuzzy random variables are used to model interest rate uncertainty used in the calculation of whole life insurance premiums, and calculate the effect of this uncertainty on the price of life settlements. The fuzzy results obtained from deterministic and probabilistic pricing approaches ...  Read More

Pricing life settlements in the secondary market using fuzzy internal rate of return

Mahboubeh Aalaei

Volume 2, Issue 2 , December 2022, , Pages 53-62

https://doi.org/10.22054/jmmf.2023.15186

Abstract
  In this paper‎, ‎fuzzy set theory is implemented to model internal rate of return for calculating the price of life ‎settlements‎‎. ‎D‎eterministic‎, ‎probabilistic and stochastic ‎approaches ‎is ‎used ‎to ‎price life ‎settlements‎ in the ...  Read More