Kristina Sendova

Department Chair
Associate Professor
Office: WSC 266
Phone: 519-661-2111 x88232

Ph.D. University of Waterloo, 2004 


Research Areas

  • Ruin Theory
  • Risk Theory
  • Ruin theory applications in financial modeling

Post-doctoral Supervision

  • Yang Miao

Graduate Students Supervision

  • Sherly Alfonso Sanchez (PhD)
  • Diba Daraei (PhD)
  • Amir Hossein (PhD)
  • Vaneh Azarian (PhD)
  • Xinghan Zhu (PhD)
  • Bernard Emmanuel Bartels (MSc)
  • Parinaz Zarei (MSc)

Research Funding Source(s)

  • Alliance Grant
  • NSERC Discovery Grant


  • Miao, Y.*, Sendova, K.P., Jones, B.L., Li, Z. (2023). Some observations on the temporal patterns in the surplus process of an insurer, British Actuarial Journal, 28(4), 1-19.

  • Miao, Y.*, Sendova, K.P., Jones, B.L. (2023). On a risk model with dual seasonalities, North American Actuarial Journal, 27(1), 166-184.

  • Gao, D.*, Sendova, K.P. (2023). Applications of the classical compound Poisson model with claim sizes following a compound distribution, Probability in the Engineering and Informational Sciences, 37(2), 357-386.

  • Sendova, K.P., Zhang, R.* (2020). Maximum surplus and Rn class of distributions with an application to dividends, Journal of Computational and Applied Mathematics, 369, 276-297.

  • Sendova, K.P., Minkova, L.D. (2020). Introducing the non-homogeneous compound­birth process, Stochastics, 92(5), 814-832.

  • Li, Y.*, Sendova, K.P. (2020). A surplus process involving a compound Poisson counting process and applications, Communications in Statistics - Theory and Methods, 49( 13), 3238-3256.

  • Yang, C.*, Sendova, K.P., Li, Z.* (2020). Parisian ruin with a threshold dividend strategy under the dual Levy risk model, Insurance: Mathematics and Economics, 90, 135-150.

  • Li, S., Lu, Y., Sendova, K.P. (2019). The expected discounted penalty function: from infinite time to finite time, Scandinavian Actuarial Journal, 2019(4), 336-354.

  • Sendova, K.P., Minkova, L.D. (2018). Poisson-logarithmic risk process and applications, Proceedings of the Bulgarian Academy of Sciences, 71(8), 1020-1028. 

  • Sendova, K.P., Yang, C.*, Zhang, R.* (2018). Dividend barrier strategy: Proceed with caution, Statistics and Probability Letters, 137, 157-164. 

  • Yang, C.*, Sendova, K.P., Li, Z.2* (2017). On the Parisian ruin of the dual Levy risk model, Journal of Applied Probability, 54(4), 1193-1212. 

  • Li, Z.*, Sendova, K.P., Yang, C.* (2017). On a perturbed dual risk model with dependence between inter-gain times and gain sizes, Communications in Statistics - Theory and Methods, 46(21), 10507-10517.

  • Li, Z.* and Sendova, K. P. (2015). On a ruin model with both interclaim times and premiums depending on claim sizes. Scandinavian Actuarial Journal, 3 245-265.

  • Yang, C.* and Sendova, K. P. (2014). The ruin time under the Sparre-Andersen dual model. Insurance: Mathematics and Economics , 54 28-40.

  • Yang, C.* and Sendova, K. P. (2014). The discounted moments of the surplus after the last innovation before ruin under the dual risk model. Stochastic Models, 30(1) 99-124.

  • Li, S. and Sendova, K. P. (2013). The finite-time ruin probability under the compound binomial risk model. European Actuarial Journal, 3(1) 249-271.