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• W2144987983 abstract "Abstract We investigate lower and upper bounds for right tails (stop‐loss premiums) of deterministic and stochastic sums of nonindependent random variables. The bounds are derived using the concepts of comonotonicity, convex order, and conditioning. The performance of the presented approximations is investigated numerically for individual life annuity contracts as well as for life annuity portfolios, where mortality is modeled by Makeham's law, whereas investment returns are modeled by a Brownian motion process." @default.
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• W2144987983 date "2009-11-06" @default.
• W2144987983 modified "2023-10-16" @default.
• W2144987983 title "Bounds for Right Tails of Deterministic and Stochastic Sums of Random Variables" @default.
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• W2144987983 doi "https://doi.org/10.1111/j.1539-6975.2009.01322.x" @default.
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