Risk Management and Financial Regret
研究了自保公司因未投保损失超过保费而发生的财务遗憾概率，提出一种简单近似方法（NP-2），帮助风险管理者评估遗憾频率及其对保险限额的敏感性。
Financial is said to occur when losses on self-insured perils exceed the premiums that would have been paid to insure those perils. Previous work has emphasized the relevance of the probability of to the self-insuring corporation and has provided sophisticated techniques for evaluating this quantity. This paper views the problem from the point of view of the risk manager whose performance may be evaluated, in part, on the basis of how often financial regret has occurred. The analogy between financial regret for a self-insuring entity and insolvency for an insurer is exploited to develop approximations to this probability and its sensitivity to the limits of coverage. Using these approximations requires a calculator and basic statistical tables. Simulations based on a distribution used to evaluate a sophisticated method of estimation indicate that the NP-2 approximation is accurate as well as simple.