Displaying similar documents to “Corrigenda to my paper 'A stochastic dam process with non-homogeneous Poisson inputs' (Studia Mathematica 21 (1962), p. 307-315)”

A continuous-time model for claims reserving

T. Rolski, A. Tomanek (2014)

Applicationes Mathematicae

Similarity:

Prediction of outstanding liabilities is an important problem in non-life insurance. In the framework of the Solvency II Project, the best estimate must be derived by well defined probabilistic models properly calibrated on the relevant claims experience. A general model along these lines was proposed earlier by Norberg (1993, 1999), who suggested modelling claim arrivals and payment streams as a marked point process. In this paper we specify that claims occur in [0,1] according to a...