On the time value of absolute ruin with tax

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WebConsider a compound Poisson surplus process of an insurer with debit interest and tax payments. When the portfolio is in a profitable situation, the insurer may pay a certain … WebAbstract. In this paper, we consider the dual risk model in which periodic taxation are paid according to a loss-carry-forward sys tem and dividends are paid under a threshold strategy. We give an analytical approach to derive the expression of g δ (u) (i.e. the Laplace transform of the first upper exit time).We discuss the expected discounted tax payments for this …

Optimality of barrier dividend strategy in a jump-diffusion risk …

Web14 de jul. de 2016 · In this paper we consider the probabilities of finite- and infinite-time absolute ruins in the renewal risk model with constant premium rate and constant force of interest. In the particular case of the compound Poisson model, explicit asymptotic expressions for the finite- and infinite-time absolute ruin probabilities are given. WebON THE TIME VALUE OF ABSOLUTE RUIN WITH DEBIT INTEREST JUN CAI,* University of Waterloo Abstract Assume that the surplus of an insurer follows a … dog puzzles amazon

The Perturbed Compound Poisson Risk Process with Investment …

Web1 de abr. de 2011 · On the time value of absolute ruin with tax. Article. Feb 2010; INSUR MATH ECON; ... the net present value of tax paid until ruin as well as a generalized version of the Gerber-Shiu function. WebThe Molasses Act 1733 was an Act of the Parliament of Great Britain (citation 6 Geo II. c. 13) that imposed a tax of six pence per gallon on imports of molasses from non-British colonies.Parliament created the act largely at the insistence of large plantation owners in the British West Indies.The Act was passed not to raise revenue but to regulate trade by … dog puzzle story

Estimates for the Absolute Ruin Probability in the Compound …

On the decomposition of the absolute ruin probability in a …

Web1 de fev. de 2010 · Albrecher et al. (2008b) studied the ruin probability, the Laplace transform of the time to ruin and the moments of the discounted tax payments before ruin for the dual risk model. Furthermore, Wei (2009) investigated how interest rates on the … WebON THE TIME VALUE OF ABSOLUTE RUIN WITH DEBIT INTEREST JUN CAI,* University of Waterloo Abstract Assume that the surplus of an insurer follows a compound Poisson surplus process. ... we denote the absolute ruin time of the surplus process {U8 (t), t > 0) by T7. Now, T8 = inf{t > 0: U8 (t) < -c/a} and T8 = oo if U8 (t) > -c/S for all t > 0. dog puzzle bowlWeb30 de out. de 1997 · On the time value of absolute ruin with tax. Ruixing Ming, Wenyuan Wang, Li-qun Xiao; Mathematics. 2010; 24. Save. Alert. Estimates for the Absolute Ruin Probability in the Compound Poisson Risk Model with Credit and Debit Interest. Jinxia Zhu, Hailiang Yang; Mathematics, Economics. dog pv

"Web10 de mar. de 2013 · On the time value of absolute ruin with tax, Insurance Math Econom, 2010(46), 67–84. Google Scholar J Renaud. The distribution of tax payments in a Lévy insurance risk model with a surplusdependent taxation structure, Insurance Math Econom, 2009(45): 242–246. Google Scholar L Wei. " - On the time value of absolute ruin with tax

On the time value of absolute ruin with tax

On the Time Value of Ruin - Taylor & Francis

WebFor simplicity, Rb (t) is also referred to as the surplus process (1.2). Define Tub = inf {t : Rb (t) < −c/β} as the time of absolute ruin. Let D(t) be the total dividends paid to time t, and Dbu be the present value of all dividends payable to shareholders till time Tub calculated at constant force of interest δ > 0. WebCai J. (2007) On the time value of absolute ruin with debit interest. Advances in Applied Probability 39(2), 343-359. Cai J, Tan K.S. (2007) Optimal retention for a stop-loss reinsurance under the VaR and CTE risk measures. ASTIN Bulletin 37(1), 93-112.

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WebInflation is mostly due to supply chain costs and the price of oil. Supply chains for obvious reasons and oil because the price of oil is the price of energy, and energy is an input into everything. Here is the change in the price of oil vs inflation. It's a much stronger correlation than inflation vs the money supply. WebIn this paper, we study the dividend payments prior to absolute ruin in a Markov-dependent risk process in which the claim occurrence and the claim amount are regulated by an external discrete time Markov chain. A system of integro-differential equations with boundary conditions satisfied by the moment-generating function, the nth moment of the …

WebOn the time value of absolute ruin with tax. Article. Ruixing Ming; Wenyuan Wang; ... closed-form expressions for the absolute ruin probability, the LST of the time to … WebThe second one is called "absolute ruin" and it holds when the surplus falls below a negative critical value for the first time (absolute ruin time). In the last case, during the …

Web1 de set. de 2010 · Cai J (2004) Ruin probabilities and penalty functions with stochastic rates of interest. Stoch Process Appl 112:53–78 Google Scholar Cross Ref; Cai J, Yang HL (2005) Ruin in the perturbed compound Poission risk process under interest force. Adv Appl Probab 37:819–835 Google Scholar; Cai J (2007) On the time value of absolute ruin … WebHá 1 dia · Wacker knew that if his team could find the 14 C spike from the 774–75 C.E. Miyake event in the beam, they could simply count to its outer edge to obtain a precise date. They did just that, confirming in 2014 the 785 C.E. date.. “That was pioneering work,” Miyake says. “I was really happy to see that kind of application was made possible …

WebAbsolute ruin is said to occur at this moment. Many questions about absolute ruin have not yet been solved. In this paper, we study absolute ruin questions by defining an …

Web1 de jul. de 2016 · Absolute ruin occurs at this moment. In this paper, we study absolute ruin questions by defining an expected discounted penalty function at absolute ruin. … dog puzzle games onlineWebThird, for exponential individual claims, closed-form expressions for the absolute ruin probability, the LST of the time to absolute ruin, the distribution function of the deficit at … dog puzzle toys nzWebDownloadable (with restrictions)! In risk theory, the problem of maximizing the expected cumulated discounted loss-carry-forward tax payments until ruin is a widely discussed topic since the taxation system was proposed by Albrecher and Hipp (2007). In the present paper, we discuss this maximization problem in the Cramér–Lundberg risk model including a … dog puzzle toysWeb20 de out. de 2024 · A system of integro-differential equations with boundary conditions satisfied by the moment-generating function, the nth moment of the discounted … dog put to sleepWebOn the time value of absolute ruin with tax. Rui-Xing Ming, Wen-Yuan Wang and Li-Qun Xiao. Insurance: Mathematics and Economics, 2010, vol. 46, issue 1, 67-84 . Abstract: … dog puzzle toys amazonWebAssume that the surplus of an insurer follows a compound Poisson surplus process. When the surplus is below zero or the insurer is on deficit, the insurer could borrow money at a debit interest rate to pay claims. Meanwhile, the insurer will repay debts from her premium income. The negative surplus may return to a positive level if debts are reasonable. … dog puzzles toysWebHá 1 hora · Drew Barrymore is having a moment—or, to be more precise, about 22 minutes per day, during which she has the time of her life getting really close with one celebrity guest or another on The Drew ... dog pw