Abstract
In this paper, we consider the Sparre Andersen model in the collective risk theory. Assuming that the claim sizes have the semiexponential distribution function, we obtain the second-order asymptotics for the ruin probability expressed in terms of claim distribution. The result is illustrated by two important examples of semiexponential distribution functions, Weibull and Benktander-type-II distributions.
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 callDisclaimer: 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.
