Cadangan Zillmer Asuransi Jiwa Joint Life Dwiguna Menggunakan Distribusi Lomax

ABSTRACT This final project discusses Zillmer reserve of endowment joint life life insurance for two insurance participants who are x and y years old by using Lomax distribution. The parameters in the Lomax distribution were estimated using maximum likelihood estimation and then determined by a Newton-Raphson iteration method. The calculation of this Zillmer’s reserve is obtained by usin…