outstanding debt

The paper brings forward a new solvency regulation model, that is called non-recovery rate model in the paper.

本文提出了一种全新的偿付能力评价模型,即未偿率模型,随后讨论了未偿率模型在各种损失分布情况下的应用。

Non-recovery ratio,a new risk measure for insurers,which focuses on the interest of policyholders and supervisors,is proposed based on some risk measures such as value at risk,ruin probability,expected policyholder s deficit, and especially TailVaR.

本文在借鉴保险公司常用的风险度量方法,如Value at Risk、破产概率以及保单持有人预期亏空等方法的基础上,利用条件尾部期望从保单持有人和保险监管人的角度构造了一个新的风险度量模型—未偿率模型,并对该模型的性质进行了初步讨论。