Exploratory analysis of the probability of ruin
Date of Publication
1996
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Mathematics
College
College of Science
Department/Unit
Mathematics and Statistics
Abstract/Summary
This paper presents essential elements of the theory of risk. Collective risk models over an extended period are developed using these elements. Resulting models provide answers as to what is the probability that the business will ever be ruined at a certain time. These findings can be used to provide an early warning system for the management of an insurance organization.The study deals mainly with the exploratory analysis of the probability of ruin as a consequence of the initial surplus. It presents the probability of ruin for the continuous time case and discrete time case. A general model which allows correlation between claims is also presented.
Abstract Format
html
Language
English
Format
Accession Number
TU07435
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
81 leaves
Keywords
Probabilities; Time-series analysis; Insurance--Statistical methods; Risk (Insurance)
Recommended Citation
Baes, A. G., & Navera, M. B. (1996). Exploratory analysis of the probability of ruin. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/16291
