A5054151164- Probability and Risk Models
- Stochastic processes and financial applications
- Accounting Theory and Financial Reporting
- Financial Reporting and Valuation Research
- Insurance and Financial Risk Management
- Financial Risk and Volatility Modeling
- Risk and Portfolio Optimization
Western University
2022-2024
Abstract In this paper, we explore potential surplus modelling improvements by investigating how well the available models describe an insurance risk process. To end, obtain and analyse a real-life data set that is provided anonymous insurer. Based on our analysis, discover both purchasing process corresponding claim have seasonal fluctuations. Some special events, such as public holidays, also impact these processes. existing literature, seasonality often stressed in process, while cash...
In this paper, we study a risk model with stochastic premium income and its impact on solvency management. It is assumed that both the arrival process claim are modelled by homogeneous Poisson processes, amounts independent identically distributed random variables. While has been studied in existing literature certain explicit results known under more restrictive assumptions, these relatively difficult to apply practice. investigate factors differentiate classical model. After reviewing...