Abstract
The discrete time alternating renewal process is a very simple tool that enables the solution of many real life problems. After presenting this tool, we propose its application to compute the mean number of claims for a temporary disability insurance contract. The algorithm and an example of its application will also be provided.
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D’Amico, G., Gismondi, F., Janssen, J., Manca, R. (2014). Disability Insurance Claims Study by a Homogeneous Discrete Time Alternating Renewal Process. In: Silvestrov, D., Martin-Löf, A. (eds) Modern Problems in Insurance Mathematics. EAA Series. Springer, Cham. https://doi.org/10.1007/978-3-319-06653-0_12
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DOI: https://doi.org/10.1007/978-3-319-06653-0_12
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