Weighted pricing functionals with applications to insurance: an overview

Abstract
We explore the role of weighted distributions in pricing insurance risks. In particular, we relate the distributions to actuarial and economic premium calculation principles and in this way provide a unifying methodology for constructing new principles and analyzing known ones.
Volume
13
Page
483-496
Number
4
Year
2009
Categories
New Valuation Techniques
Insurance Risk
Publications
North American Actuarial Journal
Authors
Furman, Edward
Zitikis, Ricardas