Finite-time and infinite-time ruin probabilities in a two-dimensional delayed renewal risk model with Sarmanov dependent claims

Consider a two-dimensional delayed renewal risk model with a constant interest rate, where the claim sizes of the two classes form a sequence of independent and identically distributed random vectors following a common bivariate Sarmanov distribution. In the presence of heavy-tailed claim sizes, some asymptotic formulas are derived for the finite-time and infinite-time ruin probabilities.