Mathematical Models of Reinsurance

Анотація

Insurance provides financial security and protection of the independence of the insured person. Its principles are quite simple: insurance protects investments, life and property. You regularly pay a certain amount of money in exchange for a guarantee that in case of unforeseen circumstances (accident, illness, death, property damage) the insurance company will protect you in the form of financial compensation.Reinsurance, in turn, has a significant impact on ensuring the financial stability of the insurer. Because for each type of insurance there is a possibility of large and very large risks that one insurance company can not fully assume. In the case of a portfolio with very high risks, the company may limit their acceptance, or give part of the reinsurance. The choice of path depends entirely on the company’s policy and type of insurance.This paper considers the main types of reinsurance and their mathematical models. An analysis of the probability of bankruptcy and the optimal use of a particular type of reinsurance are provided.There are also some examples and main results of research on this topic. After all, today the insurance industry is actively gaining popularity both in Ukraine and around the world. Accordingly, with a lot of competition, every insurer wants to get the maximum profit with minimal e↵ort.

Класифікація

Ідентифікатори

Схожі роботи