Results 51 to 60 of about 393 (179)
Mergers in the Presence of Adverse Selection
ABSTRACT In the presence of adverse selection, mergers can increase welfare through a reduction in inefficient sorting. I characterize the sorting externality internalized between merging firms in a tractable discrete choice model. Mergers benefit consumers when the firms are small, willingness to pay is moderately increasing in cost, and consumer ...
Conor Ryan
wiley +1 more source
PENGUKURAN RISIKO PADA RETENSI OPTIMAL UNTUK REASURANSI STOP LOSS DENGAN VALUE AT RISK
Reinsurance is an effective risk management tool for an insurer to minimize the risk of loss. Optimization criteria is based in a minimum VaR of the total risk of in insurer, to derive the optimal retention in stop loss reinsurance. The resulting optimal
Agustina Sunarwatiningsih +2 more
doaj +1 more source
Abstract Flood risk is correlated in space and time, challenging insurance systems that rely on diversification across assets. Financial instruments governing flood coverage are typically structured as 1–5‐year contracts, exposing portfolios to climate‐driven risk at interannual‐to‐decadal scales.
Adam Nayak, Pierre Gentine, Upmanu Lall
wiley +1 more source
CRITERIA FOR SELECTION OF THE REINSURANCE COVERAGE FOR EXCESS OF LOSS TREATY
Optimal reinsurance coverage, selected by the cedent, influenced by a number of internal, external, objective and subjective factors. Their accounting or ignoring depends on the individual conditions of the insurer, knowledge of the specific risk ...
V. Veretnov
doaj +1 more source
Designing Flood Insurance to Maximize Public Benefits in High‐Risk Areas
ABSTRACT Maximizing the public benefits of flood insurance in high‐risk areas requires premiums that are affordable and measures that minimize the concentrated demand that causes adverse selection. Governments make policy choices for flood insurance based on their national interests, and these choices lead to variation in how this balance is achieved ...
Michael Bourdeau‐Brien +5 more
wiley +1 more source
Optimal Reinsurance-Investment Problem for an Insurer and a Reinsurer with Jump-Diffusion Process
The optimal reinsurance-investment strategies considering the interests of both the insurer and reinsurer are investigated. The surplus process is assumed to follow a jump-diffusion process and the insurer is permitted to purchase proportional ...
Hanlei Hu, Zheng Yin, Xiujuan Gao
doaj +1 more source
Effectively Tackling Reinsurance Problems by Using Evolutionary and Swarm Intelligence Algorithms
This paper is focused on solving different hard optimization problems that arise in the field of insurance and, more specifically, in reinsurance problems.
Sancho Salcedo-Sanz +4 more
doaj +1 more source
This work provides a comprehensive annual review of 2025 progress in CCUS, integrating advances across scientific, technological, and policy dimensions. ABSTRACT This annual review summarizes the progress of carbon capture, utilization, and storage (CCUS) technologies in 2025.
Shangli Shi, Yun Hang Hu
wiley +1 more source
The optimal reinsurance treaty [PDF]
1. Some years ago I discussed optimal reinsurance treaties, without trying to give a precise definition of this term [1]. I suggested that a reinsurance contract could be called “most efficient” if it, for a given net premium, maximized the reduction of the variance in the claim distribution of the ceding company.
openaire +1 more source
Abstract In the face of powerful criticism, the “reliance interest” continues to hold an impactful position in judicial and academic treatment of contract damages. And yet, the theoretical foundation of reliance damages for breach of contract remains unsettled.
Yehuda Adar, Efi Zemach
wiley +1 more source

