Browsing Department of Actuarial Sciences by Subject "Collateral, Black-Sholes Model, Credit Insurance, Asset-Based, Loss Reserve"
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Application of Continous Time Model in Prediction of Loss Reserves in Credit Insurance for Asset-Based Lending Companies (Scientific Research Publishing, 2022)Asset-based lending companies and other loan providers are exposed to risk of loan defaults by borrowers. To reduce this risk, these companies acquire credit insurance. Thus when the borrower defaults in payment, the ...