Browsing Statistics and Actuarial Science by Author "ODIWUOR, Calvine Otieno"
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Approximations of ruin probabilities under financial constraints.
ODIWUOR, Calvine Otieno (Maseno University, 2022)This thesis studies the approximate ruin probabilities under financial constraints which in- clude the rate of inflation, constant interest rate, and taxation. When the surplus falls below zero, the insurance company is ...