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  • The Distribution of Discounted Compound Renewal Sums
    Model (1957) for an aggregate claim is given by: S(t) = N(t)∑ k=1 Xk , t ≥ 0 , (1) where N(t) is a ... Model (1957) for an aggregate claim is given by: S(t) = N(t)∑ k=1 Xk , t ≥ 0 , (1) where N(t) is a ...

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    • Authors: José Garrido, GHISLAIN LEVEILLE, Ya Fang Wang
    • Date: Nov 2008
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Finance & Investments>Risk measurement - Finance & Investments; Modeling & Statistical Methods>Stochastic models