CD Skripsi
Cadangan zillmer dan cadangan full Preliminary term asuransi jiwa dwiguna menggunakan Distribusi cauchy
Each insurance participant pays a premium to the insurance company during the coverage period. To fulfill the payment of insurance benefits to the parti- cipants, the insurance company needs to prepare reserve funds. These reserve funds are used to meet the operational needs of the insurance company and claims in the event of the participant’s death. The purpose of this study is to determine the Zillmer reserve and the full preliminary term reserve for endow- ment life insurance for participants aged x years using the Cauchy distribution. The parameters in the Cauchy distribution are estimated using the maximum likelihood estimation method and solved using the Newton-Raphson iteration. The estimation results are obtained using Python software. The problem is solved by determining the initial term life annuity, single premium, and annual premium, followed by deriving the formulas for the Zillmer reserve and the full preliminary term reserve based on the Cauchy distribution. The calculation re- sults show that the full preliminary term reserve for endowment life insurance using the Cauchy distribution is larger than the Zillmer reserve for endowment life insurance using the Cauchy distribution.
Keywords: Zillmer reserve, Full Preliminary Term reserve, Cauchy distribu- tion, maximum likelihood method.
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