Recursions for Convolutions and Compound Distributions with Insurance Applications

• Main Authors: Vernic, Raluca (Author), Sundt, Bjoern (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Series: EAA Lecture Notes,
• Subjects: Mathematics.; Finance.; Economics, Mathematical.; Quantitative Finance.; Finance, general.

Since 1980, methods for recursive evaluation of aggregate claims distributions have received extensive attention in the actuarial literature. This book gives a unified survey of the theory and is intended to be self-contained to a large extent. As the methodology is applicable also outside the actua...