Modeling the Unemployment Risk in Insurance Products

Submitted on 16th May 2019

The Casualty Actuarial Society (CAS), Canadian Institute of Actuaries (CIA), and the Society of Actuaries' (SOA) Joint Risk Management Section is pleased to make available a report that studies the interrelationships between the general levels of unemployment in the economy and the sale and persistency of insurance products. The report explores whether insurance products have reduced sales and persistency as the level of unemployment increased in a given economic environment.

Length of Resource
34 pages
Author
Terence Narine
Date Published
Publication Type
paper
Resource Type
academic