✦ LIBER ✦

ON THE DETERMINATION OF SURPLUS

✍ Scribed by C. GILL

Book ID: 123902854
Publisher: Cambridge University Press
Year: 1851
Weight: 372 KB
Volume: 1
Category: Article
ISSN: 2046-164X
DOI: 10.2307/41134377

No coin nor oath required. For personal study only.

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In the classical continuous time surplus process, we allow the process to continue if the surplus falls below zero. When the surplus is below zero, we assume that the insurer borrows any sum of money required to pay claims, and pays interest on this borrowing. We use simulation to study moments and