Optimal strategies for pricing general insurance

Book English OPEN
Emms, P.; Haberman, S.; Savoulli, I.;
(2006)
  • Publisher: Faculty of Actuarial Science & Insurance, City University London
  • Subject: HG

Optimal premium pricing policies in a competitive insurance environment are investigated using approximation methods and simulation of sample paths. The market average premium is modelled as a diffusion process, with the premium as the control function and the maximizat... View more
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