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An Analysis Of Equity-Linked Insurance Pricing, Clara C. Ortgies

Honors Program Theses

This comprehensive study of equity-linked insurance options will explore the pricing of certificates of deposit and life insurance options using a present value method. With this study, I will be able to construct and price various equity-linked insurance products, with a focus on life insurance, that insurance companies could then sell to prospective customers. I will use concepts and formulas based in actuarial math, probability theory, and financial engineering in order to construct, price, and analyze new equity-linked insurance products. The fundamental methodology I will use involves applying pricing theory based on the expected value of the insurance payoff present …