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Convergence of orthogonal series of projections in Banach spaces

Ryszard JajteAdam Paszkiewicz — 1997

Annales Polonici Mathematici

For a sequence ( A j ) of mutually orthogonal projections in a Banach space, we discuss all possible limits of the sums S n = j = 1 n A j in a “strong” sense. Those limits turn out to be some special idempotent operators (unbounded, in general). In the case of X = L₂(Ω,μ), an arbitrary unbounded closed and densely defined operator A in X may be the μ-almost sure limit of S n (i.e. S n f A f μ-a.e. for all f ∈ (A)).

Reinsurance-a new approach

Adam PaszkiewiczJakub Olejnik — 2010

Banach Center Publications

We describe a new model of multiple reinsurance. The main idea is that the reinsurance premium is paid conditionally. It is motivated by some analysis of the ultimate price of the reinsurance contract. For simplicity we assume that the underlying risk pricing functional is the L₂-norm. An unexpected relation to the general theory of sample regularity of stochastic processes is given.

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