Cover Image

Lundberg Approximations for Compound Distributions with Insurance Applications /

Show other versions (1)

This monograph discusses Lundberg approximations for compound distributions with special emphasis on applications in insurance risk modeling. These distributions are somewhat awkward from an analytic standpoint, but play a central role in insurance and other areas of applied probability modeling suc...

Full description

Bibliographic Details
Main Author: Willmot, Gordon E.
Corporate Author: SpringerLink (Online service)
Other Authors: Lin, X. Sheldon
Format: eBook
Language:English
Published: New York, NY : Springer New York, 2001.
Series:Lecture notes in statistics (Springer-Verlag) ; 156.
Subjects:
Mathematics.
Finance.
Distribution (Probability theory)
Economics > Statistics.
Economics.
Electronic books.
Statistics.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Introduction
  • Reliability Background
  • Mixed Poisson Distributions
  • Compound Distributions
  • Bounds Based on Reliability Classifications
  • Parametric Bounds
  • Compound Geometric and Negative Binomial Distributions
  • Tijms Approximations
  • Defective Renewal Equations
  • The Severity of Ruin
  • Renewal Risk Processes.