ScholarLens Back to search
2009•Journal of Northeast Dianli UniversityRequires access

Ruin Model for Multitype-insurance with Stochastic Premium

WU Wen-hua

Open publisher page 0 citations

Abstract

Classical risk model is fit for the case whose insurance premium in unit time is a constant,but not fit for that whose having a perturbed term and insurance premium is stochastic.So this is a defect of the classical risk model.In this paper,we establish a ruin model of the multitype-insurance.By arguments,we obtain five theorems,give a probability of the ruin and its upper bound and extend the scope of application of the ruin model.

About this research paper

What this paper is about

Classical risk model is fit for the case whose insurance premium in unit time is a constant,but not fit for that whose having a perturbed term and insurance premium is stochastic.So this is a defect of the classical risk model.In this paper,we establish a ruin model of the multitype-insurance.By arguments,we obtain five theorems,give a probability of the ruin and its upper bound and extend the scope of application of the ruin model.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Classical risk model is fit for the case whose insurance premium in unit time is a constant,but not fit for that whose having a perturbed term and insurance premium is stochastic.So this is a defect of the classical risk model.In this paper,we establish a ruin model of the multitype-insurance.By arguments,we obtain five theorems,give a probability of the ruin and its upper bound and extend the scope of application of the ruin model.

Key concepts: Risk model, Ruin theory, Mathematics, Constant (computer programming), Scope (computer science), Unit (ring theory), Actuarial science, Upper and lower bounds

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Ruin Model for Multitype-insurance with Stochastic Premium — Research Paper | ScholarLens