Gerber-Shiu Metrics for a Bivariate Perturbed Risk Process

Open Access
Authors
Publication date 01-2024
Journal Risks
Article number 5
Volume | Issue number 12 | 1
Number of pages 17
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
  • Faculty of Science (FNWI) - Korteweg-de Vries Institute for Mathematics (KdVI)
Abstract We consider a two-dimensional risk model with simultaneous Poisson arrivals of claims. Each claim of the first input process is at least as large as the corresponding claim of the second input process. In addition, the two net cumulative claim processes share a common Brownian motion component. For this model we determine the Gerber–Shiu metrics, covering the probability of ruin of each of the two reserve processes before an exponentially distributed time along with the ruin times and the undershoots and overshoots at ruin.
Document type Article
Language English
Published at https://doi.org/10.3390/risks12010005
Other links https://www.scopus.com/pages/publications/85183445386
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