RUIN PROBABILITY IN THE CLASSICAL RISK PROCESS WITH WEIBULL CLAIMS DISTRIBUTION

DA Hamzah, TSA Siahaan… - BAREKENG: Jurnal Ilmu …, 2023 - ojs3.unpatti.ac.id
In the classical risk process, ruin is the situation when the surplus falls below zero. Ruin
probability is a tool used to predict bankruptcy in the insurance company. The ruin …

NUMERICAL METHODS APPLIED TO RUIN PROBABILITY IN AN ERLANG (2) RISK PROCESS WITH WEIBULL LOSS DISTRIBUTION

DAK KAFANDO, KM OUEDRAOGO… - International …, 2024 - pphmjopenaccess.com
In the Erlang (2) risk process, ruin occurs when the surplus falls below zero, indicating
potential bankruptcy for the insurance company. Predicting bankruptcy is crucial, and ruin …