an:03988570
Zbl 0611.62132
Kremer, Erhard
Some approximations of ultimate ruin probability for finite initial surplus
EN
Bl., Dtsch. Ges. Versicherungsmath. 18, No. 1, 59-63 (1987).
00152874
1987
j
62P05 60K05
renewal theoretical results; approximate formulas; ultimate ruin probability; fixed finite initial surplus
In the present paper it is demonstrated that renewal theoretical results can also be applied to derive explicit, approximate formulas for the ultimate ruin probability in the most important case of fixed finite initial surplus. These results are of interest from the theoretical as well as from the practical point of view.