Abstract

This paper discussed about Calculation of joint life insurance premiums based on Gompertz mortality assumptions that affect the probability of joint insurance participants. One important variable in calculating premiums and reserves is interest rates. The foreign exchange rate is the price of a currency if exchanged with another countrys currency. Depreciation in the foreign exchange rate causes fluctuations in interest rates which ultimately affect the calculation of premiums for joint life insurance. Based on the calculation results, the greater the depreciation value, the greater the interest rate. This will increase risk for insurance companies. Calculation of insurance premiums that are affected by dollar fluctuations, is expected to be able to obtain calculations that are in accordance with the world economic trends.

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