Results 261 to 270 of about 46,061 (295)
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Scandinavian Actuarial Journal, 2021
We propose a unified competition and cooperation framework for n insurers and investigate the resulting reinsurance game problem. Each insurer's surplus is assumed to be a diffusion process.
Peng Yang, Zhiping Chen, Xiangyu Cui
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We propose a unified competition and cooperation framework for n insurers and investigate the resulting reinsurance game problem. Each insurer's surplus is assumed to be a diffusion process.
Peng Yang, Zhiping Chen, Xiangyu Cui
semanticscholar +1 more source
Bowley reinsurance with asymmetric information: a first-best solution
Scandinavian Actuarial Journal, 2021Bowley reinsurance solutions are reinsurance contracts for which the reinsurer optimally sets the pricing density while anticipating that the insurer will choose the optimal reinsurance indemnity given this pricing density.
Tim J. Boonen, Yiying Zhang
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Reinsurance: finding the balance between reinsurers’ and reinsureds’ interests
2012Given its economic importance, insurance is a field that has been underserved as an area of academic study. This detailed book provides much needed coverage of insurance law and regulation in its international context.
Rob Merkin, Michael Mendelowitz
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Communications in Statistics - Theory and Methods, 2021
In this article, we study the optimal investment and reinsurance problem involving a defaultable security for a group which holds shares of both an insurance company and a reinsurance company.
Yong-Jian Zhang +3 more
semanticscholar +1 more source
In this article, we study the optimal investment and reinsurance problem involving a defaultable security for a group which holds shares of both an insurance company and a reinsurance company.
Yong-Jian Zhang +3 more
semanticscholar +1 more source
Risk transference constraints in optimal reinsurance
Social Science Research Network, 2021This paper deals with the optimal reinsurance problem and involves the goals of both insurer and reinsurer. An important novelty may be the incorporation of the background risk that the reinsurer uses in order to diversify (or hedge) the risk ceded by ...
A. Balbás +3 more
semanticscholar +1 more source
Insurance: Mathematics and Economics, 1984
A one-dimensional, hierarchical system of reinsurance is considered. A member of the chain is in direct contact with only two other members: the one from which coverage is bought and the one to which coverage is sold. Exceptions are the first link (which does not sell any reinsurance coverage) and the last link (which does not buy any).
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A one-dimensional, hierarchical system of reinsurance is considered. A member of the chain is in direct contact with only two other members: the one from which coverage is bought and the one to which coverage is sold. Exceptions are the first link (which does not sell any reinsurance coverage) and the last link (which does not buy any).
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OPTIMAL REINSURANCE FROM THE PERSPECTIVES OF BOTH AN INSURER AND A REINSURER
ASTIN Bulletin, 2015AbstractOptimal reinsurance from an insurer's point of view or from a reinsurer's point of view has been studied extensively in the literature. However, as two parties of a reinsurance contract, an insurer and a reinsurer have conflicting interests. An optimal form of reinsurance from one party's point of view may be not acceptable to the other party ...
Christiane Lemieux, Fangda Liu, Jun Cai
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Insurance: Mathematics and Economics, 1996
Abstract We study the effect of reinsurance on the probability of ultimate ruin in the classical surplus process and consider a retention level as optimal if it minimises the ruin probability. We show that optimal retention levels can be found when the reinsurer's premium loading depends on the retention level.
Howard R. Waters, David C. M. Dickson
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Abstract We study the effect of reinsurance on the probability of ultimate ruin in the classical surplus process and consider a retention level as optimal if it minimises the ruin probability. We show that optimal retention levels can be found when the reinsurer's premium loading depends on the retention level.
Howard R. Waters, David C. M. Dickson
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Internationalization of the Reinsurance Industry: An Analysis of the Net Exposure of Reinsurers [PDF]
SSRN Electronic Journal, 2010 In today’s global marketplace, the internationalization decision has become increasingly relevant for a greater number of firms. We use the framework of the eclectic paradigm to empirically investigate the decision of U.S. reinsurers to internationalize based on their net exposure in both developed and developing nations. The reinsurance industry poses
William L. Ferguson +3 more
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The Market for Reinsurance [PDF]
SSRN Electronic Journal, 2013 Using a unique proprietary data set of primary insurers and reinsurers, we analyze the structure of the reinsurance market. The data set, which spans six years, contains quotes for different reinsurance layers, for different treaties, for different clients, and for different lines of business. There are in fact close to 20,000 quotes for close to 1,000
Marcel Boyer, Théodora Dupont-Courtade
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