Some specific density functions of aggregated discounted claims with dependent risks

Zhehao Zhang, Gemai Chen*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This paper obtains some specific density functions for aggregated discounted claims where the claim amounts are dependent, or the inter-claim times are dependent, or the claim amounts and the claim arrival process are both dependent. The dependence is structured through mixing, and the claim arrival process studied is either an ordinary Poisson process or a mixed Poisson process. Closed form densities are obtained for gamma, generalized exponential, generalized Pareto and beta mixing, and an important use of them is illustrated.

Original languageEnglish
Article number100168
JournalResults in Applied Mathematics
Volume11
DOIs
Publication statusPublished - Aug 2021

Keywords

  • Dependent risks
  • Discounted claims
  • Mixed Poisson process
  • Mixing
  • Special functions and transforms

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