CD Skripsi
Cadangan Premium Sufficiency Asuransi Jiwa Dwiguna Menggunakan
ABSTRACT
This nal project discusses premium sufficiency reserve of endowment life insurance
for single insurance participant who are x years old using Lomax distribution.
The parameters in the Lomax distribution were estimated using maximum
likelihood estimation and then determined by a Newton-Raphson itetion
method. The calculation of premium sufficiency reserve is obtained by the gross
premium which includes the administrative costs. The solution of problem is
obtained by determining the initial life annuity, single premium, and annual
premium, then the premium sufficiency reserve formula is obtained based on
the distribution of Lomax. The calculation results of premium sufficiency
reserves for endowment life insurance using the Lomax distribution is larger than
prospective reserve for endowment life insurance using the Lomax distribution.
Keywords: Premium sufficiency reserve, endowment life insurance, Lomax
distribution, maximum likelihood, Newton-Raphson
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