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The Incidence of Risk under Credit Insurance
Published online by Cambridge University Press: 29 August 2014
Abstract
The incidence of risk under a credit insurance policy depends on the original term of the policy and the policy duration at which the incidence of risk is considered. Section 3 of the paper describes the procedure used to fit a bivariate function to this incidence. Section 4 gives the numerical detail of this model. Section 5 makes a comparison of the model with the data from which it was developed. Section 6 adds some general comments.
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- Copyright © International Actuarial Association 1993