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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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 |