zbMATH — the first resource for mathematics

An easy and feasible way to construct the joint-life status life table: method and theory. (English) Zbl 1274.62693
Summary: The future life times of involved insured people in the multiple life model are always assumed to be independent in almost all actuarial textbooks. We consider a two-life model and assume that the future life times are positively dependent. We use PQD (positively quadrant dependence) to describe such dependence, and give an easy method to construct the joint-life status life table.
62P05 Applications of statistics to actuarial sciences and financial mathematics
62Q05 Statistical tables