讲座主题：Maximizing an insurer's firm value with random timesolvency regulations by dividend and reinsurance

主讲人：刘晓

讲座时间：2020.12.21 13:30-14:30

地点：综合楼644会议室

主讲人简介：

刘晓，副教授，硕士生导师。主要从事随机控制理论及其在保险精算中的应用研究，发表SCI，EI和一级论文近10篇，主持安徽省自然科学基金项目1项，安徽省教育厅自然科学研究重点项目1项。

讲座摘要：

Inthis talk, we investigates optimal dividend and reinsurance policies foran insurer who subjects to random time solvency regulations. The goal of the insureris to maximize the firm value of the insurance company when the regulatory timearrives. The firm value consists of three amounts: the present value ofcumulated dividends up to the regulatory time or ruin time, the present valueof the insurer's brand value and the surplus at the regulatory time. Weidentify the insurer’s joint optimal strategiesusing stochastic control methods. The results reveal that the optimal dividendand reinsurance polices as well as the maximal firm value  exhibit three different forms, according tothe possible range of brand value.