3 papers
econ.GN2026
Quantifying Social Inflation in Liability Insurance with Advanced Statistical Methods
Tsz Chai Fung, Lie Ma, Liang Peng +1
Social inflation, which is the rise in liability claim costs beyond general economic inflation, has become a major concern for insurers and reinsurers, yet it is difficult to quant…
stat.AP2025
Statistical Learning of Trade Credit Insurance Network Data with Applications to Ratemaking and Reserving
Woongchae Yoo, Spark C. Tseung, Tsz Chai Fung
Trade credit insurance (TCI) is a specialized line of property and casualty insurance, protecting businesses against financial losses due to buyer's insolvency. Predictive modeling…
stat.AP2024
A Revisit of the Optimal Excess-of-Loss Contract
Ernest Aboagye, Vali Asimit, Tsz Chai Fung +2
It is well-known that Excess-of-Loss reinsurance has more marketability than Stop-Loss reinsurance, though Stop-Loss reinsurance is the most prominent setting discussed in the opti…