Chapter 4. Models for the size of losses: Continuous distributions

  1. Harry H. Panjer

Published Online: 6 MAR 2006

DOI: 10.1002/0470051310.ch4

Operational Risk: Modeling Analytics

Operational Risk: Modeling Analytics

How to Cite

Panjer, H. H. (2006) Models for the size of losses: Continuous distributions, in Operational Risk: Modeling Analytics, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/0470051310.ch4

Publication History

  1. Published Online: 6 MAR 2006
  2. Published Print: 25 AUG 2006

ISBN Information

Print ISBN: 9780471760894

Online ISBN: 9780470051313



  • continuous distribution;
  • exponential distribution;
  • single parameter Pareto distribution;
  • Weibull distribution;
  • loglogistic distribution


This chapter contains sections titled:

  • Introduction

  • An Inventory of Continuous Distributions

  • Selected Distributions and their Relationships

  • Limiting Distributions

  • The Role of Parameters

  • Tails of Distributions

  • Creating New Distributions

  • TVaR for Continuous Distributions

  • Exercises