20
Premiums, Investments, and Reinsurance
20.1
Introduction
20.2
Single-Period Criterion and the Rate of Return on Capital
20.3
The Top-down Approach to Individual Risks Pricing
20.4
Rate of Return and Reinsurance Under the Short Term Criterion
20.5
Ruin Probability Criterion when the Initial Capital is Given
20.6
Ruin Probability Criterion and the Rate of Return
20.6.1
Fixed Dividends
20.6.2
Flexible Dividends
20.7
Ruin Probability, Rate of Return and Reinsurance
20.8
Final remarks
Bibliography