HIGHLIGHTS
- who: Jiandong Ren from the Department of Statistical and Actuarial Sciences, University of Western Ontario, London have published the research work: Analysis of Insurance Claim Settlement Process with Markovian Arrival Processes, in the Journal: (JOURNAL)
- what: This paper proposes a model for the claim occurrence reporting and handling process of insurance companies. The aim of this paper is not to argue whether the assumption of independencies among the claims in different stages of the settlement process is reasonable or not. Using the results developed in Section 3 and 4, the authors show that in this . . .
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