• Title of article

    A note on a class of delayed renewal risk processes

  • Author/Authors

    Willmot، نويسنده , , Gordon E.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    7
  • From page
    251
  • To page
    257
  • Abstract
    The Gerber-Shiu discounted penalty function is considered for a class of delayed renewal risk processes. Special cases of the model include the stationary renewal risk model and the situation where the time until the first claim is exponentially distributed. A mathematically tractable formula is derived for the Gerber-Shiu function, and consequently for quantities associated with the deficit at ruin, the surplus immediately prior to ruin, and the time of ruin.
  • Keywords
    Sparre Andersen process , Exponential distribution , Modified renewal risk process , Stationary renewal risk process , Deficit at ruin , Surplus prior to ruin , Ruin probability , Gerber-Shiu function
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2004
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542746