Abstract In this paper, we devise a stochastic asset–liability management (ALM) model for life insurance company and analyze its influence on the balance sheet within low-interest rate environment. particular, flexible procedure generation of insurers’ compressed contract portfolios that respects given biometric structure is presented, extending existing literature ALM modeling. The introduced ...

In-house constructions represent assets built within the company with labour force carrying out its activities. Such are tangible multi-year and, therefore, like all assets, depreciable according to standard depreciation rules. pose problems at valuation level as, times, errors can note in allocation of costs. In addition, there logical reclassification internal reclassified balance sheet and c...