CALCULATION OF INSURANCE RISK AND TOTAL DIVIDEND EXPECTATIONS USING RECURSIVE METHOD
In actuarial science, the concept of ruin theory is the main focus for assessing the risk bankruptcy for an insurance or financial company due to improper management of funds. One model that can be used to analyze ruin is the Sparre Andersen risk model approach, which depends on discrete time. Th...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/81509 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |