𝔖 Bobbio Scriptorium
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Reverse-time modeling, optimal control and large deviations

✍ Scribed by Michael R. Frater; Rodney A. Kennedy; Brian D.O. Anderson


Publisher
Elsevier Science
Year
1989
Tongue
English
Weight
367 KB
Volume
12
Category
Article
ISSN
0167-6911

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Modeling of an insurance system and its
✍ Ali Devin Sezer πŸ“‚ Article πŸ“… 2010 πŸ› Elsevier Science 🌐 English βš– 510 KB

We model an insurance system consisting of one insurance company and one reinsurance company as a stochastic process in R 2 . The claim sizes {X i } are an iid sequence with light tails. The interarrival times {Ο„ i } between claims are also iid and exponentially distributed. There is a fixed premium