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Optimal Stopping and Policyholder Behaviour in …

Optimal Stopping andPolicyholder Behaviour inLife InsuranceKamille Sofie T gholt GadPhD ThesisThis thesis has been submitted to the PhD School of the Faculty of Science,University of :Jesper Lund Pedersen, University of CopenhagenCo-supervisor: Mogens Steffensen, University of CopenhagenSubmitted:February 13, of Mathematical SciencesFaculty of ScienceUniversity of CopenhagenAuthor:Kamille Sofie T gholt GadStudsgaardsgade 42, 22100 K benhavn Committee: Associate Professor Marcus C. Christiansen,Heriot-Watt University,Edinburgh, ScotlandProfessor Goran Peskir,The University of Manchester,Manchester, United KingdomAssociate Professor Jeffrey F. Collamore,University of Copenhagen,Denmark (Chairman)ISBN:978-87-7078-961-5 PrefaceThis thesis has been prepared in fulfilment of the requirements for the at the Department of Mathematical Sciences, Faculty of Science, Uni-versity of Copenhagen, Denmark.

Optimal Stopping and Policyholder Behaviour in Life Insurance KamilleSofieTågholtGad PhDThesis ThisthesishasbeensubmittedtothePhDSchooloftheFacultyofScience,

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