The purpose of this review article is to give an up to date account of the theory and
applications of scale functions for spectrally negative Lévy processes. Our review also …

In today's world of financial uncertainty, one major public concern is to assess (and possibly
improve) the stability of companies that take on risks. Actuaries have been aware of that …

Lévy processes are the natural continuous-time analogue of random walks and form a rich
class of stochastic processes around which a robust mathematical theory exists. Their …

Lévy processes are the natural continuous-time analogue of random walks and form a rich
class of stochastic processes around which a robust mathematical theory exists. Their …

We develop a dynamic model of banking to assess the effects of liquidity and leverage
requirements on banks' financing decisions and insolvency risk. In this model, banks face …

This paper is a survey of some classical contributions and recent progress in identifying
optimal dividend payment strategies in the framework of collective risk theory. In particular …

We consider the classical optimal dividend control problem which was proposed by de
Finetti [Trans. XVth Internat. Congress Actuaries 2 (1957) 433-443]. Recently Avram …

In this paper we consider a modified version of the classical optimal dividend problem taking
into account both expected dividends and the time value of ruin. We assume that the risk …

The main purpose of the book is to show how a viscosity approach can be used to tackle
control problems in insurance. The problems covered are the maximization of survival …

3. Mit dem Ziel, diese internationale Vereinheitlichung zu fördern, spricht die IEC den
Wunsch aus, daß alle nationalen Komitees, die noch keine eigenen Regeln besitzen, bei …