Because of the profitable nature of risk businesses in the long term, de Finetti suggested that surplus models should … interpreted as 'dividends'. Subsequent literature on actuarial surplus models with dividend distribution has mainly focussed on …

Because of the profitable nature of risk businesses in the long term, de Finetti suggested that surplus models should … interpreted as ‘dividends’. Subsequent literature on actuarial surplus models with dividend distribution has mainly focussed on …