Professor Hrvoje Sikic
 

Department of Mathematics, Washington University
 

Title: Risk processes and ruin probabilities
 

Abstract: We will present some background on risk processes, leading toward recently developed general perturbed risk process with cumulative claims modelled by a subordinator with finite expectation, with the perturbation being a spectrally negative Levy process with zero expectation. The ruin probability for such a process is given in terms of the Pollaczek-Hinchin formula.