THE DETERMINATION OF THE PREMIUM OF AN EXCESS OF LOSS REINSURANCE BUSINESS USING THE EXCESS-LOSS FUNCTION AND MONTE CARLO SIMULATION

Buying a reinsurance product is an effort by an insurance company to protect itself against the risk of large claims. An excess of loss reinsurance pays claims in excess of a certain retention up to a certain maximum limit specified in the reinsurance contract. In an excess of loss reinsurance, an i...

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Bibliographic Details
Main Author: Robertus Hartono, Yoshua
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/76325
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Institution: Institut Teknologi Bandung
Language: Indonesia