When Inflation Causes No Increase in Claim Amounts
It is well known that when (re)insurance coverages involve a deductible, the impact of inflation of loss amounts is distorted, and the changes in claims paid by the (re)insurer cannot be assumed to reflect the rate of inflation. A particularly interesting phenomenon occurs when losses follow a Paret...
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Main Authors: | Vytaras Brazauskas, Bruce L. Jones, Ričardas Zitikis |
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Format: | Article |
Language: | English |
Published: |
Wiley
2009-01-01
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Series: | Journal of Probability and Statistics |
Online Access: | http://dx.doi.org/10.1155/2009/943926 |
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