Reinsurance Decisions and Monte Carlo Simulation

In Vol 1, Issue 2, 2010 edition of Insurance Markets and Companies: Analyses and Actuarial Computations, authors Lina S. Chan and Domingo Castelo Joaquin apply Monte Carlo simulation to support the reinsurance decision of a medical insurer. The article, entitled “Using simulation to support the reinsurance decision of a medical stop-loss provider,” presents a simplified […]