Property Claim Services by Compound Poisson Process And Inhomogeneous Levy Process


  • Muhammed A.S. Murad Cihan University



Compound Poisson process, catastrophe insurance options, Exponential Levy Process, Property Claim Services


In this paper, stochastic compound Poisson process is employed to value the catastrophic insurance options and model the claim arrival process for catastrophic events, which were written in the loss period , during which the catastrophe took place. Here, a time compound process gives the underlying loss index before and after  whose losses are revaluated by inhomogeneous exponential Levy process factor. For this paper, an exponential Levy process is used to evaluate the well-known European call option in order to price Property Claim Services catastrophe insurance based on catastrophe index.

Author Biography

Muhammed A.S. Murad, Cihan University

Department of Financial and Banking Sciences, College of Administration and Economics, Cihan University Duhok, Kurdistan region-Iraq.


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How to Cite

Murad, M. A. (2018). Property Claim Services by Compound Poisson Process And Inhomogeneous Levy Process. Science Journal of University of Zakho, 6(1), 32–34.



Science Journal of University of Zakho