CD Skripsi
Cadangan Full Preliminary Term Asuransi Jiwa Dwiguna Menggunakan Distribusi Xgamma Dan Distribusi Invers Xgamma
In life insurance companies, to anticipate the possibility of company losses when the policyholder dies without sufficient funds because the company must pay the sum insured to the heirs. The company needs to prepare reserve costs to ensure that the company has sufficient funds to pay for the needs of the insuran- ce company and insurance participants. The objective is to determine the full preliminary term reserve of endowment life insurance on individual status using xgamma distribution and inverse xgamma distribution. The parameters of the xgamma distribution and inverse xgamma distribution are estimated using the maximum likelihood estimator and then determined by a Newton-Raphson ite- ration method. The solution of the problem is obtained by determining the initial life annuity term, single premium, and annual premium, then obtaining the full preliminary term reserve formula based on the xgamma distribution and inverse xgamma distribution. The results of the calculation of the full pre- liminary term reserve of endowment life insurance using the inverse xgamma distribution are greater than the full preliminary term reserve of endowment life insurance using the xgamma distribution.
Keywords: Full Preliminary Term reserve, endowment life insurance, xgamma distribution, inverse xgamma distribution, maximum likelihood estimator
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