The planned maintenance work over the weekend has been postponed. The My Account section will now remain available on 3rd and 4th October 2015 as normal.
This paper considers the pricing of uncertain cash flows, which includes those arising in insurance and reinsurance, using the proportional hazards (p-h) transform pricing basis defined by Wang (1995). This basis satisfies all the desirable properties of a ... read more >>
We present a state-of-the-art rating methodology for financial reinsurance contracts that is based upon a consistent stochastic model (of the jump diffusion type) for financial market variables (like, eg, interest rates, foreign currencies, stocks, stock ... read more >>
Pricing the risk of a general insurance portfolio using series expansions for the finite time multivariate ruin probability in a financial-actuarial risk process
The risk involved in a General Insurance portfolio can be priced using the related concepts Multivariate Ruin Probability-Annual Premium. In the present work, McLaurin expansion, with respect the arrival intensity of claims, for the finite time ... read more >>