This talk is a survey on the effects of dependence of risks on the ruin probability of a portfolio of insurance policies. Both exact and asymptotic results will be discussed and general techniques will be presented that make models with dependence tractable for the analysis. Related quantities like the time and deficit of ruin under dependence will also be treated.

Keywords: Risk theory; Dependence; Solvency; Applied probability

Biography: Hansjoerg Albrecher is a Professor of Actuarial Science at the University of Lausanne. Previous to that he had affiliations in Graz and Linz (Austria) as well as Leuven (Belgium) and Aarhus (Denmark). He has written many papers in the field of insurance risk and dependence and recently finished the second edition of the book “Ruin Probabilities” together with Soren Asmussen.