POISSON PROCESSES AND COMPOUND POISSON PROCESSES IN INSURANCE MANAGEMENT

Some assumptions with respect to the number [N(t)]t>0 and the amount [Xi]i=1 of damages are introduced in the paper. It will be assumed that the average of the number of damages is a Poisson process, which leads to a compound Poisson process [S(t)]t>0 for the total damages.

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Year of publication:	2010
Authors:	Milic, Dominika Crnjac
Published in:	Interdisciplinary Management Research. - Ekonomski Fakultet. - Vol. 6.2010, p. 534-541
Publisher:	Ekonomski Fakultet
Subject:	Poisson process \| generating functions \| moment \| distribution \| approximation

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Extent:	application/pdf
Type of publication:	Article
Classification:	C53 - Forecasting and Other Model Applications ; G22 - Insurance; Insurance Companies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010850696