Abstract
Ruin probability is the probability of the insurance company getting ruined in finite time. It is considered to be a reasonably objective indicator of the health of the company. So problems centering around ruin probability have a prominent place in mathematical analysis of insurance models. We shall first consider some general results in the Sparre Andersen model; later we shall specialise to the case of the Cramér-Lundberg model.
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© 2009 Hindustan Book Agency
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Ramasubramanian, S. (2009). Ruin Problems. In: Lectures on Insurance Models. Texts and Readings in Mathematics. Hindustan Book Agency, Gurgaon. https://doi.org/10.1007/978-93-86279-44-6_5
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DOI: https://doi.org/10.1007/978-93-86279-44-6_5
Publisher Name: Hindustan Book Agency, Gurgaon
Print ISBN: 978-81-85931-93-7
Online ISBN: 978-93-86279-44-6
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