Abstract
The activity of an insurance company with a reinsurance condition system is modeled on an infinite time interval. Payment times and sums insured are random. The amount of money replenished is selected as a control parameter. The task is to minimize the average insurance payment per unit time, thus optimizing investments.
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Translated from Kibernetika i Sistemnyi Analiz, No. 6, pp. 172–176, November– December 2004.
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Derieva, E.N. A control model for an insurance company. Cybern Syst Anal 40, 936–938 (2004). https://doi.org/10.1007/s10559-005-0033-8
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DOI: https://doi.org/10.1007/s10559-005-0033-8