In both the past literature and industrial practice, it was often implicitly used without any justification that the classical strong law of large numbers applies to the modeling of equitylinked insurance. However, as all policyholders’ benefits are linked to common equity indices or funds, the classical assumption of independent claims is clearly inappropriate for equity-linked insurance. In o...

Xiang Jiang, Jian Ni Guangxi Medical and Pharmaceutical College, Nanning 530021, China Tel: 86-771-2853-644 E-mail: [email protected] Weiqi Wu Guangxi Industrial Vocational Technical College, Nanning 530001, China Tel: 86-771-3851-662 E-mail: [email protected] Abstract According to the uncertainty of insurance accident, in this article, we introduce the importance of insurance and the application o...

The cost of health insurance has been the primary concern of small business owners for several decades. State small group health insurance reforms, implemented in the 1990s, aimed to control the variability of health insurance premiums and to improve access to health insurance. Small group reforms only affected firms within a specific size range, and the definition of the upper size threshold f...

background: non-communicable diseases (ncds) and psychological hazards are increasingly observed in industries, necessitating the need to strengthen industrial health systems to control the same. district level data on level of functioning of industrial health systems and services with special focus on systems available for mental health care is lacking in india. this information is vital to pl...

Industrial Accident Compensation Insurance (IACI) has a history of about 50 yr, and is the oldest social insurance system in Korea. After more than 20 times of revision improvements in benefits, its contents and claim systems have been upgraded. It became the protector of injured workers and their families, and at the same time became the system which could cope with both financial burden of em...