Description: This paper presents an algorithm for approximating the probability of ruin for a Poisson process - which is often used to model an aggregate claims process.

Description: In this paper we give new general criteria for the weak convergence of one-dimensional distributions of generalized risk processes and describe the class of possible limit laws under an infinite growth of stochastic portfolio size and stochastic intensity of insurance payment.

Description: In summary, the goal of this report is to foster better industry-wide education, training and practice that decreases the future range and scope of what leading risk management professionals will henceforth label as being unpredictable as events now commonly thought to be so.

Description: This research report that provides a literature survey of methodologies applying machine learning to insurance claim modeling.

Description: This paper presents the probabilistic concepts underlying measurement of asset adequacy in a simplified way. Discussions of this paper are included.

Description: Objective: to provide benchmarking information to companies address needs of internal stakeholders in cost-effectively conducting/implementing an ORSA process.

Description: The goal of this paper is to study how a full-range tail dependence copula would be useful in assessing tail risks in a regression setting.

Description: Statistics show that the risk of fatality associated with motorcycle crashes far exceeds that of automobiles hereby Connecticut introduced mandatory motorcycle safety training. This paper develops a unifying framework to quantify the effectiveness of such mandatory programs and to translate this in terms of a possible insurance rate reduction.

Description: This working paper discusses the risks of investing in stocks in public pension funds.

Description: This research report that provides a literature survey of methodologies applying machine learning to insurance claim modeling.