StLifeIns.jl

Author flashyfiddle
Popularity
2 Stars
Updated Last
1 Year Ago
Started In
December 2021

StLifeIns

StLifeIns is a package enabling stochastic valuations of life insurance products.

Features

  • Flexibility - StLifeIns can be used for several different types of life insurance calculations including pricing, reserving and proft-testing. StLifeGPU also offers simplistic means for constructing a wide variety of life insurance products for single lives in a simple to understand modular process.
  • Fast calculations making use of parallel processing power. StLifeIns provides the ability to transfer calculations from the CPU to the GPU (and vice versa).
  • Monthly reserves - valuations are performed at a monthly frequency, leading to more exact valuations that conventional techniques where inexact approximations are made for monthly annuity or assurance functions. Monthly valuations also provide opportunities for more detailed strategies.
  • Life Simulation - the outcome of each individual life can be set to be simulated, especially for products with fewer lives (where the law of large numbers ccannot yet be trusted).
  • Termination - termination of contracts can also be allowed for.

Used By Packages

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