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Stochastic Model of Insurance Company

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F16%3A50004915" target="_blank" >RIV/62690094:18450/16:50004915 - isvavai.cz</a>

  • Result on the web

    <a href="http://fim2.uhk.cz/hed/images/KOMPLET_16.pdf" target="_blank" >http://fim2.uhk.cz/hed/images/KOMPLET_16.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Stochastic Model of Insurance Company

  • Original language description

    The paper deals with Monte Carlo simulation model of an insurance company. Some forms of non-life insurance can be considered as short term contracts. Policies of this type of insurance usually last for a fixed period of time that can be relatively short. In this paper we mainly study the aspect of bankruptcy of an insurance company for short term contracts. Under the bankruptcy of the company we consider a situation when the total capital of the company decreases under to zero value. Further we study properties of distribution of economic results of the insurance company and provide adequate statistical tests.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10103 - Statistics and probability

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Hradec economic days 2016

  • ISBN

    978-80-7435-636-0

  • ISSN

    2464-6059

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    842-848

  • Publisher name

    Gaudeamus

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Kralove

  • Event date

    Feb 2, 2016

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article