THE INDUCTIVE METHOD FOR INFINITE-TIME RUIN PROBABLILITY IN QUOTA- (α, β) REINSURANCE MODEL

Nguyen Quang Chung

Nguyen Quang Chung Hung Yen University of Technology and Education

Abstract

In this article, we investigate a risk model with a quota-(α, β) reinsurance contract. The premium process and claim process are assumed to be independent sequences of indentically distributed random variables. Using inductive method, we obtain upper bound of infinite-time ruin probability of an insurance company.

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