• Nguyen Quang Chung Hung Yen University of Technology and Education
Keywords: inductive method, infinite-time ruin probability, reinsurance contract, recursive equation, upper bound


In this article, we investigate a risk model with a quota-(α, β) reinsurance contract. The premium process and claim process are assumed to be independent sequences of indentically distributed random variables. Using inductive method, we obtain upper bound of infinite-time ruin probability of an insurance company.


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How to Cite
Nguyen Quang Chung. (2020). THE INDUCTIVE METHOD FOR INFINITE-TIME RUIN PROBABLILITY IN QUOTA- (α, β) REINSURANCE MODEL. UTEHY Journal of Science and Technology, 25, 71-73. Retrieved from