Outcome-dependent reserves, benefits and death strain: jlPostPremiumFund_zero_interest
ProvedActuarialValuation.jlPostPremiumFund_zero_interestactuarial-scienceformal-verificationjoint-life-mortality-profit
Before investment gain the available fund equals reserve plus premium. This original derived actuarial relation uses the parameter restrictions, endpoints and units stated in the separate formal theorem or definition.
Mathematical relation:
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Mathlib.Data.Fintype.Basic import Definitions.Def_actuarial_jlPostPremiumFund
Formal statement
namespace ActuarialValuation theorem jlPostPremiumFund_zero_interest (reserve premium : ℝ) : jlPostPremiumFund reserve premium 0=reserve+premium := by sorry end ActuarialValuation
Source
Original derived actuarial mathematics, published source page 132. Dickson, Hardy and Waters (2020), Actuarial Mathematics for Life Contingent Risks, multiple life insurance and reserves, https://www.cambridge.org/core/books/actuarial-mathematics-for-life-contingent-risks/; S. D. Promislow (2015), Fundamentals of Actuarial Mathematics, multiple-life theory. Parent topic: Independent joint-life outcome probabilities, distinct survivors' reserves, outcome-specific death strain and mortality profit reconciliation with guaranteed reversionary benefits. The particular Lean formula is a new finite/real-algebraic formalisation and remains an unproved theorem target if labelled theorem. Relevant published actuarial derivation: https://www.cambridge.org/core/books/actuarial-mathematics-for-life-contingent-risks/
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.