TY - JOUR AU - Murad, Muhammed A.S. PY - 2018/03/30 Y2 - 2024/03/29 TI - Property Claim Services by Compound Poisson Process And Inhomogeneous Levy Process JF - Science Journal of University of Zakho JA - SJUOZ VL - 6 IS - 1 SE - DO - 10.25271/2018.6.1.420 UR - https://sjuoz.uoz.edu.krd/index.php/sjuoz/article/view/47 SP - 32-34 AB - <p>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 &nbsp;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.</p> ER -