Abstract
In this paper, we present a unified probabilistic approach to analyze a wide class of insurance risk models in a ruin theoretical context. Contrary to the traditional analytic approach mainly encountered in the literature, this alternative approach is based on matrix analytic methods (MAMs) that have become an increasingly popular set of tools in the study of various applied probability models. We make use of the recent advances in the study of fluid queues to analyze some insurance risk processes and their ruin related quantities. The advantages and disadvantages of MAMs over alternative methods are also discussed.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Revista de la Real Academia de Ciencias Exactas, Fisicas y Naturales. Serie A. Matematicas
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
