Abstract
We show how ruin probabilities for the classical continuous time compound Poisson model can be approximated by ruin probabilities for a compound binomial model. We also discuss ruin related results for a compound binomial model with geometric claim amounts.
Volume
24:1
Page
33-45
Year
1994
Categories
Financial and Statistical Methods
Aggregation Methods
Collective Risk Model
Financial and Statistical Methods
Loss Distributions
Actuarial Applications and Methodologies
Valuation
Publications
ASTIN Bulletin
