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Influence of Advertising Expenses on the Characteristics of Functioning of an Insurance Company

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Abstract

The basic characteristics of the functioning of an insurance company, including the average capital, ruin and survival probabilities, and the conditional time before ruin, are examined with allowance for advertising expenses.

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REFERENCES

  1. E. Staub, Actuarial Mathematics of Property Insurance, Zurich (1988).

  2. H. Y. Panjer and G. E. Willmont, Insurance Risk Models, Society of Actuaries, Schaumburg (1992).

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  3. K. I. Livshits, Izv. Vyssh. Uchebn. Zaved., Fiz., No. 4, 28-33 (1999).

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Authors and Affiliations

  1. Tomsk State University, Russia

    V. M. Kats & K. I. Livshits

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  1. V. M. Kats
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  2. K. I. Livshits
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Kats, V.M., Livshits, K.I. Influence of Advertising Expenses on the Characteristics of Functioning of an Insurance Company. Russian Physics Journal 44, 36–42 (2001). https://doi.org/10.1023/A:1011304601164

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  • DOI: https://doi.org/10.1023/A:1011304601164

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