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This paper obtains an asymptotic formula for the finite-time ruin probability of the compound nonhomogeneous Poisson risk model with a constant interest force, in which the claims are conditionally independent random variables with a common…

概率论 · 数学 2017-05-30 Hui Xu , Fengyang Cheng

Important models in insurance, for example the Carm{\'e}r--Lundberg theory and the Sparre Andersen model, essentially rely on the Poisson process. The process is used to model arrival times of insurance claims. This paper extends the…

统计理论 · 数学 2019-04-16 Arun Kumar , Nikolai Leonenko , Alois Pichler

We investigate the upper tail probabilities of the all-time maximum of a stable L\'evy process with a power negative drift. The asymptotic behaviour is shown to be exponential in the spectrally negative case and polynomial otherwise, with…

概率论 · 数学 2018-06-05 Christophe Profeta , Thomas Simon

Let $\{B(t), t\ge 0\}$ be a Brownian motion. Consider the Brownian motion risk model with interest rate collection and tax payment defined by \begin{align}\label{Rudef}…

概率论 · 数学 2018-06-14 Long Bai , Peng Liu

We study the asymptotic behaviour of the probability that a stochastic process $(Z_t)_{t \geq 0}$ does not exceed a constant barrier up to time $T$ (the so called survival probability) when Z is the composition of two independent processes…

概率论 · 数学 2011-07-20 Christoph Baumgarten

Let $\mathbf{B}(t)=(B_1(t), B_2(t))$, $t\geq 0$ be a two-dimensional Brownian motion with independent components and define the $\mathbf{\gamma}$-reflected process…

概率论 · 数学 2024-09-24 Timofei Shashkov

In this paper, we consider the optimal dividends problem for a company whose cash reserves follow a general Levy process with certain positive jumps and arbitrary negative jumps. The objective is to find a policy which maximizes the…

概率论 · 数学 2014-03-27 Chuancun Yin , Kam Chuen Yuen , Ying Shen

In this paper a class of Ornstein--Uhlenbeck processes driven by compound Poisson processes is considered. The jumps arrive with exponential waiting times and are allowed to be two-sided. The jumps are assumed to form an iid sequence with…

概率论 · 数学 2016-09-01 Anders Rønn-Nielsen

In this paper, we study finite-time ruin probabilities for the compound Markov binomial risk model - a discrete-time model where claim sizes are modulated by a finite-state ergodic Markov chain. In the classic (non-modulated) case, the risk…

概率论 · 数学 2025-07-23 Zbigniew Palmowski , Lewis Ramsden , Apostolos D. Papaioannou

This paper concerns an optimal impulse control problem associated with a refracted L\'{e}vy process, involving the reduction of reserves to a predetermined level whenever they exceed a specified threshold. The ruin time is determined by…

最优化与控制 · 数学 2026-01-29 Zhongqin Gao , Yan Lv , Jingmin He

Lundberg-type inequalities for ruin probabilities of non-homogeneous risk models are presented in this paper. By employing martingale method, the upper bounds of ruin probabilities are obtained for the general risk models under weak…

概率论 · 数学 2020-06-05 Qianqian Zhou , Alexander Sakhanenko , Junyi Guo

The paper deals with the ruin problem of an insurance company investing its capital reserve in a risky asset with the price dynamics given by a conditional geometric Brownian motion whose parameters depend on a Markov process describing a…

概率论 · 数学 2023-11-21 Viktor Antipov , Yuri Kabanov

In this paper, we study a risk process modeled by a Brownian motion with drift (the diffusion approximation model). The insurance entity can purchase reinsurance to lower its risk and receive cash injections at discrete times to avoid ruin.…

最优化与控制 · 数学 2011-12-20 Shangzhen Luo , Michael Taksar

We consider the multivariate risk model with common renewal process among the lines of business, and Brownian perturbations. Assuming that the integrated tail distribution of claims is multivariate subexponential, we establish an asymptotic…

概率论 · 数学 2026-02-24 Dimitrios G. Konstantinides

The present work concerns the finite-time ruin probabilities for several bidimensional risk models with constant interest force and correlated Brownian motions.} Under the condition that the two Brownian motions $\{B_1(t), t\ge 0\}$ and…

概率论 · 数学 2023-06-29 Dan Zhu , Ming Zhou , Chuancun Yin

In this paper we develop a symbolic technique to obtain asymptotic expressions for ruin probabilities and discounted penalty functions in renewal insurance risk models when the premium income depends on the present surplus of the insurance…

We deal with a generalization of the classical risk model when an insurance company gets additional funds whenever a claim arrives and consider some practical approaches to the estimation of the ruin probability. In particular, we get an…

概率论 · 数学 2015-03-19 Yuliya Mishura , Olena Ragulina , Oleksandr Stroyev

In this paper we study the joint ruin problem for two insurance companies that divide between them both claims and premia in some specified proportions (modeling two branches of the same insurance company or an insurance and re-insurance…

概率论 · 数学 2007-11-16 Florin Avram , Zbigniew Palmowski , Martijn Pistorius

The discrete time risk model with two seasons and dependent claims is considered. An algorithm is created for computing the values of the ultimate ruin probability. Theoretical results are illustrated with numerical examples.

概率论 · 数学 2020-01-13 Olga Navickienė , Jonas Sprindys , Jonas Šiaulys

We consider a renewal process which models a cumulative shock model that fails when the accumulation of shocks up-crosses a certain threshold. The ratio limit properties of the probabilities of non-failure after n cumulative shocks are…

概率论 · 数学 2025-12-16 Mikael Escobar-Bach , Alexandre Popier , Malo Sahin