"Modeling the dependence between risks is crucial for the computation of the economic capital and the variability of insurance liabilities. It is thus not surpr

The increasing complexity of insurance and reinsurance products has seen a growing interest amongst actuaries in the modelling of dependent risks. For efficient

For several years now, there continues to be attention in the modeling of insurance and other similar type of risks, such as the risk of credit default, to inco

This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and prob

Random effects models are of particular importance in modeling heterogeneity. A commonly used random effects model for multivariate survival analysis is the fra