The Story Of 100 Actuarially Guaranteed No-Ruin Casualty Insurance Companies

Abstract
In order to motivate the series of Monte Carlo simulations we have carried out in the following article we would like readers to imagine that a small rural casualty insurance company, the Farm Fire and Flood Damage Ins. Co. (FFFDIC), is to be bought by an entrepreneur (whom we shall designate by EP) provided his consulting actuary (the author of this article) can satisfy his requirements which are as follow
Volume
8:3
Page
364-377
Year
1975
Categories
Financial and Statistical Methods
Simulation
Monte Carlo Valuation
Publications
ASTIN Bulletin
Authors
Hilary L Seal
Greg C Taylor