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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Bibliographic Details
Main Authors: Vytaras Brazauskas, Bruce L. Jones, Ričardas Zitikis
Format: Article
Language:English
Published: Wiley 2009-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2009/943926
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