journal6 ›› 2008, Vol. 29 ›› Issue (1): 29-33.

• Mathematics • Previous Articles     Next Articles

History and Current Situation of Bankruptcy Theory Study


  1. (1.Insurance Professional College,Changsha 410114,China;2.Guangdong University of Business Studies,Guangzhou 510320,China)
  • Online:2008-01-25 Published:2012-05-26

Abstract: The researches of ruin theory carried out for nearly a century are reviewed generally.First,the clear descriptions,basic assumptions and main results of Lundberg-Cramer classical ruin model are given.Second,the main contributions of Hans GERBER,the leading scholar in ruin theory,and his group are analyzed on emphasis;and two modern approaches,renewal limit theorem and martingale,in researches of ruin theory are introduced.

Key words: ruin probability, adjustment coefficient, renewal theory, martingale

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