We examine a risk model with n classes of business accompanying claim counting Poisson processes. We assume that the profits are paid by way of the presence of a reflecting above barrier and, to avoid ruin, we contemplate dynamic solvency protection contracts that depend on a given description of time of ruin. We express a fairly general model and, under differing assumptions, we find the equations completed by the discounted profit payments and by the net alone premium of dynamic financial competence insurance. We provide unambiguous solutions in the special case of epidemic distribution and numerical instances to highlight the effect of some limits’ variation on the values of the ignored value of profit payments.
Author(s) Details:
Ester C. Lari,
Department
of Economics and Business Studies, University of Genoa, Genoa, Italy.
Marina
Ravera,
Department
of Economics and Business Studies, University of Genoa, Genoa, Italy.
Maria-Laura Torrente,
Department of Economics and Business Studies, University of Genoa,
Genoa, Italy.
Please see the link here: https://stm.bookpi.org/CABEF-V7/article/view/9242
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