Ruin Literature Reviews Samples For Students

- Insurance premium formula
Insurance premium is a sum of all costs of insurance company. One of the essential and the most valuable components is risk cost (money paid when insurance accident occurred). Due to the nature of the risk it is the most stochastic variable. Therefore we can build premium cost model upon risk model because other price components can be easily predicted.
- Classic model
Starting with initial reserve x > 0, an insurance risk business earns money at constant rate c > 0. Meanwhile, according to a point process with times {TN: n ≥ 1}, 0 ...

Alcohol is the world’s oldest known drug that is abused by people. Alcohol has been used by many people for several years and its abuse has become a major societal health problem. The consequences of excessive alcohol intake vary from a mild hang-over to mass destruction, diseases, and death at its worst. When consumed in moderation, it has no or little effects for the drinkers and the people around them. Nonetheless, its misuse has become very dangerous to the drinker and the society. We all agree that, occasional taking of alcohol does not hurt, nonetheless it can lead to addiction ...

The aim of this essay is to present you with the reflections drawn upon the readings of the novel ‘Passion’ written in 1987 by Jeanette Winterson. Jeanette Winterson has been widely acknowledged within the borders of the literary community as one of the writers who succeed in bonding their stories closely to mystery and passion, somewhere between magic and reality. This paper will present you with the main idea of Passion and will prove that people’s lives are conquered by Passion in such a way that Passion can neither be considered exclusively benefactoring nor destructive. It depends on the ...

While people believe that it is the responsibility of the child to excel academically, parents always want their children to be the best in academics. They always do their best to ensure that they children’s academic needs are met without any compromise. This heavy investment calls for a strict supervision and tagging of high targets for these children. However, whenever these targets are not met, a lot of psychological and behavioral problems that may have adverse effects on the affected children. Even though parents try their best to ensure their children excel, they still face psychological and behavioral challenges among ...

Modern American fiction often concerns itself with identity; the individual is often at stake in part of a larger group, whether it be a family, village, or the societies of a big city. Perhaps it is the very nature of American fiction to place identity at the core of much of its short fiction; as a relatively young country that evolved quickly through colonial times and the industrial revolution, its population comes from around the world yet still seeks to define itself as a nation. Therefore, it is no surprise that in the diverse fiction of America, the theme of identity is wrestled with ...

The question of leadership has been a philosophical, ethical, social and sociological conundrum for centuries. It has been tackled by various writers for more than a thousand years over a thousand cultures. Two such great writers were Dante and Machiavelli. While Machiavelli sort to define a good leader, Dante sort to place them in their transcended ecumenical hierarchy. This paper seeks to see where Machiavelli’s ideal prince in his work would, “the Prince” fit In Dante’s famous work “the comedy of errors.”
The two works are in themselves religious in a non-religious sort of way. While Machiavelli was inspired by the ...