We consider the optimal dividend control problem to find an optimal strategy under the constraint that dividend rates are restricted such that the expected total discounted dividends is maximized for an insurance company. The evolution of the reserve is modeled by a diffusion process with drift...

In this paper, we study a Markov regime-switching risk model where dividends are paid out according to a certain threshold strategy depending on the underlying Markovian environment process. We are interested in these quantities: ruin probabilities, deficit at ruin and expected ruin time. To...

This paper investigates dividend optimization of an insurance corporation under a more realistic model which takes into consideration refinancing or capital injections. The model follows the compound Poisson framework with credit interest for positive reserve, and debit interest for negative...