On Optimal Layer Coverages for SAI and RWSAI Risks

In this paper, we consider a policyholder is facing by the n risks which each risk insured under the insurance layer coverage. Using the notions of stochastic orderings, when the portfolio of risks is stochastically arrangement increasing or right tail stochastically arrangement increasing, we study the optimal allocation of the policy limits when the deductibles are equal

Keywords:

Deductible , increasing convex order , , policy limit , usual stochastic order