Maximum surplus and \(R_n\) class of distributions with an application to dividends (Q2293611)

The authors consider a class of Sparre Andersen risk processes, with rational inter-claim time distribution and arbitrary claim size distribution. After introducing notations and preliminary definitions about the distributions of interest in this study, the paper provides results involving the distributions in rational (\(n\)) framework and the probability of ruin without reaching a pre-specified level. In particular, some illustrations reconsider the main results presented throughout the paper, showing that they recover well known results involving ruin probabilities. Moreover, an application to total dividends under a threshold strategy is analyzed.