Exploratory analysis of the probability of ruin

• Main Authors: Baes, Annalyn G., Navera, Ma. Celina B.
• Format: text
• Language: English
• Published: Animo Repository 1996
• Subjects: Probabilities; Time-series analysis; Insurance > Statistical methods; Risk (Insurance)
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/16291
• Institution: De La Salle University

This paper presents essential elements of the theory of risk. Collective risk models over an extended period are developed using these elements. Resulting models provide answers as to what is the probability that the business will ever be ruined at a certain time. These findings can be used to provi...