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Heuristic Optimization of Reinsurance Programs and Implications for Reinsurance Buyers
2007Reinsurance contracts represent a very important tool for insurance companies to manage their risk portfolio. In general, they are used if an insurer is not willing or not able to hold certain risk exposures or parts thereof on its own. There exist two main contract types to cede claims to a reinsurer, namely proportional and non-proportional ones ...
Mitschele, Andreas +3 more
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Equilibrium in a Reinsurance Market
Econometrica, 1962This paper investigates the possibility of generalizing the classical theory of commodity markets to include uncertainty. It is shown that if uncertainty is considered as a commodity, it is possible to define a meaningful price concept, and to determine a price which makes supply equal to demand.
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1983
The main forms of reinsurance were briefly described in Chapter 3, the purpose of this chapter is to examine in more detail their characteristics, advantages and disadvantages. Then the following three chapters will deal with their methods of operation as laid down in the various types of reinsurance contract.
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The main forms of reinsurance were briefly described in Chapter 3, the purpose of this chapter is to examine in more detail their characteristics, advantages and disadvantages. Then the following three chapters will deal with their methods of operation as laid down in the various types of reinsurance contract.
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2013
Reinsurance contracts are formed on the basis of ordinary rules of contract law but are also subject to the usages of this particular trade; for, such usages are of great importance. Reinsurance contracts are in writing. In addition, binders are being used in reinsurance contracts and are fully effective.
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Reinsurance contracts are formed on the basis of ordinary rules of contract law but are also subject to the usages of this particular trade; for, such usages are of great importance. Reinsurance contracts are in writing. In addition, binders are being used in reinsurance contracts and are fully effective.
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The Journal of Risk and Insurance, 1964
The first has to do with the public image created by reinsurers. Relatively speaking, very few people in the primary companies come into contact with the reinsurance fraternity. It is not at all unusual for an insurance company with as many as three or four thousand agents and twenty-five hundred employees to have only three or four of its entire staff
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The first has to do with the public image created by reinsurers. Relatively speaking, very few people in the primary companies come into contact with the reinsurance fraternity. It is not at all unusual for an insurance company with as many as three or four thousand agents and twenty-five hundred employees to have only three or four of its entire staff
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Reinsurance and Reinsurance Management
The Journal of Risk and Insurance, 1982Peter R. Barker +2 more
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2015
It is commonly considered that the reinsurance transfers the risk from an insurer to another party (reinsurer) the primary object being to indemnify the reinsured against loss . Reinsurance can be defined the ‘insurance of insurance’ or the ‘insurance of insurers’: an insurer buys protection against the costs of the claims it may have to meet under the
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It is commonly considered that the reinsurance transfers the risk from an insurer to another party (reinsurer) the primary object being to indemnify the reinsured against loss . Reinsurance can be defined the ‘insurance of insurance’ or the ‘insurance of insurers’: an insurer buys protection against the costs of the claims it may have to meet under the
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2014
In this chapter we present the two main ways to control the insurance risk process: reinsurance and investment. We focus on the classical risk model.
Nora Muler, Pablo Azcue
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In this chapter we present the two main ways to control the insurance risk process: reinsurance and investment. We focus on the classical risk model.
Nora Muler, Pablo Azcue
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Reinsurance games with two reinsurers: Tree versus chain
European Journal of Operational Research, 2023Jingyi Cao +3 more
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