Insurance is a risk transfer mechanism, which allows individuals and firms to reduce the uncertainty about their future cash flows. It provides financial compensation for the effects of misfortune through the establishment of a fund, into which all insured pay premiums and from which benefits are paid when insured events occur. These uncertainty is usually modeled through two distinct components the claim frequency and the claim severity, since in any given year, neither the number of claims nor their severity is known in advance. The usual stochastic insurance model is thus a random sum called the aggregate claims, where the random number of variables summed represents the claim frequency, while each variable summed represents the claims ...
Modeling data on claim sizes is crucial when pricing insurance products. Such loss models require on...
The reinsurance contracts in the insurance market have been playing an important role in the last co...
Stop-loss contracts are the most commonly used reinsurance agreements in insurance whose important f...
Various approximations of stop-loss reinsurance premiums are described in literature. For a wide var...
The classical evaluation of pure premiums for excess of loss reinsurance with reinstatements require...
This paper presents and compares five analytical formulas for the approximation of stop-loss premium...
In this paper we study optimal reinsurance models from the per- spective of an insurer by minimizing...
2018 Conference paper held at Strathmore University, Nairobi Kenya. Theme (Mathematical Applications...
When analyzing catastrophic risk, traditional measures for evaluating risk, such as the probable max...
It is known how the different forms of reinsurance must perform in theory but in practical use, beca...
This paper focuses on the optimal reinsurance problem with consideration of joint interests of an in...
With reference to risk adjusted premium principle, in this paper we study excess of loss reinsurance...
This paper examines the optimal design of insurance and reinsurance policies. We first consider rein...
In actuarial science ruin theory uses mathematical models to describe an insurer’s vulnerability to ...
The Indonesian Financial Services Authority (OJK) has instructed all insurance providers in Indonesi...
Modeling data on claim sizes is crucial when pricing insurance products. Such loss models require on...
The reinsurance contracts in the insurance market have been playing an important role in the last co...
Stop-loss contracts are the most commonly used reinsurance agreements in insurance whose important f...
Various approximations of stop-loss reinsurance premiums are described in literature. For a wide var...
The classical evaluation of pure premiums for excess of loss reinsurance with reinstatements require...
This paper presents and compares five analytical formulas for the approximation of stop-loss premium...
In this paper we study optimal reinsurance models from the per- spective of an insurer by minimizing...
2018 Conference paper held at Strathmore University, Nairobi Kenya. Theme (Mathematical Applications...
When analyzing catastrophic risk, traditional measures for evaluating risk, such as the probable max...
It is known how the different forms of reinsurance must perform in theory but in practical use, beca...
This paper focuses on the optimal reinsurance problem with consideration of joint interests of an in...
With reference to risk adjusted premium principle, in this paper we study excess of loss reinsurance...
This paper examines the optimal design of insurance and reinsurance policies. We first consider rein...
In actuarial science ruin theory uses mathematical models to describe an insurer’s vulnerability to ...
The Indonesian Financial Services Authority (OJK) has instructed all insurance providers in Indonesi...
Modeling data on claim sizes is crucial when pricing insurance products. Such loss models require on...
The reinsurance contracts in the insurance market have been playing an important role in the last co...
Stop-loss contracts are the most commonly used reinsurance agreements in insurance whose important f...