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Classification of the Bounds on the Probability of Ruin for L{\'e}vy Processes with Light-tailed Jumps. (arXiv:1709.10295v1 [math.PR])

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In this note, we study the ultimate ruin probabilities of a real-valued L{\'e}vy process X with light-tailed negative jumps. It is well-known that, for such L{\'e}vy processes, the probability of ruin decreases as an exponential function with a rate given by the root of the Laplace exponent, when the initial value goes to infinity. Under the additional assumption that X has integrable positive jumps, we show how a finer analysis of the Laplace exponent gives in fact a complete description of the bounds on the probability of ruin for this class of L{\'e}vy processes. This leads to the identification of a case that is not considered in the literature and for which we give an example. We then apply the result to various risk models and in particular the Cram{\'e}r-Lundberg model perturbed by Brownian motion.


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