Abstract

Abstract Inflation can have a significant impact on insured losses. Insurance companies recognize this effect on their aggregate claims when setting premiums and reserves. Interest earned by insurance companies on their reserves can, to some extent, offset the effect of inflation on claims. This article looks at the combined effect of these economical variables, inflation and interest, on the distribution of aggregate claims.

Full Text
Paper version not known

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 call

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.