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We study the tail asymptotics of two functionals (the maximum and the sum of the marks) of a generic cluster in two sub-models of the marked Poisson cluster process, namely the renewal Poisson cluster process and the Hawkes process. Under…

Probability · Mathematics 2026-01-14 Fabien Baeriswyl , Valérie Chavez-Demoulin , Olivier Wintenberger

A non-homogeneous Poisson cluster model is studied, motivated by insurance applications. The Poisson center process which expresses arrival times of claims, triggers off cluster member processes which correspond to number or amount of…

Probability · Mathematics 2013-12-02 Muneya Matsui

The insurance model when the amount of claims depends on the state of the insured person (healthy, ill, or dead) and claims are connected in a Markov chain is investigated. The signed compound Poisson approximation is applied to the…

Probability · Mathematics 2020-01-13 Gabija Liaudanskaitė , Vydas Čekanavičius

Assume that claims in a portfolio of insurance contracts are described by independent and identically distributed random variables with regularly varying tails and occur according to a near mixed Poisson process. We provide a collection of…

Probability · Mathematics 2014-02-26 Hansjoerg Albrecher , Christian Robert , Jef Teugels

We consider a classical risk process with arrival of claims following a non-stationary Hawkes process. We study the asymptotic regime when the premium rate and the baseline intensity of the claims arrival process are large, and claim size…

Risk Management · Quantitative Finance 2019-08-22 Zailei Cheng , Youngsoo Seol

Any limiting point process for the time normalized exceedances of high levels by a stationary sequence is necessarily compound Poisson under appropriate long range dependence conditions. Typically exceedances appear in clusters. The…

Applications · Statistics 2009-03-03 Christian Y. Robert

The article describes the limiting distribution of the extremes of observations that arrive in clusters. We start by studying the tail behaviour of an individual cluster and then we apply the developed theory to determine the limiting…

Probability · Mathematics 2022-03-28 Bojan Basrak , Nikolina Milinčević , Petra Žugec

We consider the asymptotic distribution of a cell in a 2 x ... x 2 contingency table as the fixed marginal totals tend to infinity. The asymptotic order of the cell variance is derived and a useful diagnostic is given for determining…

Statistics Theory · Mathematics 2018-04-17 Quan Zhou

In this paper, we give sufficient conditions to establish central limit theorems for boundary estimates of Poisson point processes. The considered estimates are obtained by smoothing some bias corrected extreme values of the point process.…

Statistics Theory · Mathematics 2011-03-31 Stéphane Girard , Ludovic Menneteau

Poisson shot noise processes are natural generalizations of compound Poisson processes that have been widely applied in insurance, neuroscience, seismology, computer science and epidemiology. In this paper we study sharp deviations,…

Probability · Mathematics 2021-08-12 Giovanni Luca Torrisi , Emilio Leonardi

We suggest a general method for analyzing aggregate insurance claims that arrive according to a very general point process, known in the literature as the order statistic point process, which includes as special cases the classical compound…

Probability · Mathematics 2011-04-26 Kristina P. Sendova , Ričardas Zitikis

We consider a stationary random field indexed by an increasing sequence of subsets of $\mathbb{Z}^d$ obeying a very broad geometrical assumption on how the sequence expands. Under certain mixing and local conditions, we show how the tail…

Probability · Mathematics 2022-01-19 Anders Rønn-Nielsen , Mads Stehr

In many contexts such as queuing theory, spatial statistics, geostatistics and meteorology, data are observed at irregular spatial positions. One model of this situation involves considering the observation points as generated by a Poisson…

Statistics Theory · Mathematics 2007-08-07 Tucker McElroy , Dimitris N. Politis

We show that the random point measures induced by vertices in the convex hull of a Poisson sample on the unit ball, when properly scaled and centered, converge to those of a mean zero Gaussian field. We establish limiting variance and…

Probability · Mathematics 2008-01-09 T. Schreiber , J. E. Yukich

Given a set of independent Poisson random variables with common mean, we study the distribution of their maximum and obtain an accurate asymptotic formula to locate the most probable value of the maximum. We verify our analytic results with…

Probability · Mathematics 2009-03-26 K. M. Briggs , L. Song , T. Prellberg

In this note we discuss additional properties of mixed Poisson distributions. We discuss the convergence of mixed Poisson distributions to its mixing distribution for the scaling parameter tending to infinity. Moreover, we obtain a central…

Probability · Mathematics 2025-02-13 Markus Kuba

Asymptotic behavior of the point process of high and medium values of a Gaussian stationary process with discrete time is considered. An approximation by a Poisson cluster point process is given for the point process.

Probability · Mathematics 2023-09-06 Vladimir I. Piterbarg

This paper investigates asymptotic estimates for the entrance probability of the discounted aggregate claim vector from a multivariate renewal risk model into some rare set. We provide asymptotic results for the entrance probability on both…

Probability · Mathematics 2026-04-14 Zhangting Chen , Dimitrios G. Konstantinides , Charalampos D. Passalidis

In this paper we examine the claims reserving problem using Tweedie's compound Poisson model. We develop the maximum likelihood and Bayesian Markov chain Monte Carlo simulation approaches to fit the model and then compare the estimated…

Risk Management · Quantitative Finance 2009-04-10 Gareth W. Peters , Pavel V. Shevchenko , Mario V. Wüthrich

We provide a complete asymptotic distribution theory for clustered data with a large number of independent groups, generalizing the classic laws of large numbers, uniform laws, central limit theory, and clustered covariance matrix…

Econometrics · Economics 2026-02-03 Bruce E. Hansen , Seojeong Lee
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