Novo, TâniaCenteno, Maria de LourdesHerculano, Miguel Colburn2013-10-182013-10-182013Herculano, Miguel Colburn (2013). "Modelling long-term worker´s compensation : an application to a general insurance company". Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão.http://hdl.handle.net/10400.5/6043Mestrado em Ciências ActuariaisThis paper resumes the main findings from modeling life underwriting risks to which Worker´s Compensation is exposed. Models presented aim to shorten the path between ad hoc procedures in place and the new capital requirements foreseen by Solvency II. The legal framework of this line of business is primarily explained as it is determinant for modeling purposes. We then provide a discussion about risk models in use, major options, assumptions and other relevant issues that were regarded when modeling this line of business.engInternal ModelWorker´s compensationSolvency IISCRElasticityCIR modelVaRGeometric Mortality Modellife underwritings risksstochastic modelinglongevity riskinterest rate riskexpense riskrevision riskmaster thesis