Ruin probability for discrete risk processes

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Parisian Ruin Probability for Spectrally Negative Lévy Processes

In this note we give, for a spectrally negative Lévy process, a compact formula for the Parisian ruin probability, which is defined by the probability that the process exhibits an excursion below zero which length exceeds a certain fixed period r. The formula involves only the scale function of the spectrally negative Lévy process and the distribution of the process at time r.

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Inequalities for the ruin probability in a controlled discrete-time risk process

Ruin probabilities in a controlled discrete-time risk process with a Markov chain interest are studied. To reduce the risk there is a possibility to reinsure a part or the whole reserve. Recursive and integral equations for ruin probabilities are given. Generalized Lundberg inequalities for the ruin probabilities are derived given a constant stationary policy. The relationships between these in...

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ژورنال

عنوان ژورنال: Studia Scientiarum Mathematicarum Hungarica

سال: 2019

ISSN: 0081-6906,1588-2896

DOI: 10.1556/012.2019.56.4.1441