Browsing Faculty of Science & Technology (FST) by Author "Ocheche, John"
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Modeling lapse rates using economic variables. A case study for a life insurance company operating in Kenya
Ocheche, John (School of Mathematics, 2007)Lapse rates are an important consideration in the pricing and implementation of Life Insurance Policies. Lapses are defined the premature withdrawal of policyholders from policies that they have previously taken up. The ...