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Some probability applications to the risk analysis in insurance theory |
Jinzhi Li
College of Science
Central University for Nationalities, China
Shixia Ma
School of Sciences
Hebei University of Technology, China
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- Abstract
This work concerns with some probability applications in insurance theory. The problem to determine the ruin probability of an insurance company is considered. We show that by using some stochastic models and considering several probabilistic procedures such a probability can be approached. As illustration, an application to car insurance is provided.
Keywords: Risk analysis, Stochastic modelling, Insurance theory applications.
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