Most of the studies on optimal reinsurance are from the viewpoint of the insurer and the optimal ceded functions always turn out to be convex. However reinsurance contracts always involve a limit on the ceded loss function in practice, thus it may not be enough to confine the analysis to the...

In this paper, we study the problem of comparing losses of a policyholder who has an increasing utility function when the form of coverage is policy limit and deductible. The total retained losses of a policyholder are ordered in the usual stochastic order sense when Xi(i=1,...,n) are ordered...