Results 171 to 180 of about 3,100,512 (242)

Portfolio and reinsurance optimization under unknown market price of risk

Quantitative finance (Print)
We investigate the optimal investment-and-reinsurance problem for insurance company with partial information on the market price of the risk. Through the use of filtering techniques, we convert the original optimization problem involving different ...
Claudia Ceci, Katia Colaneri
semanticscholar   +1 more source

The impact of market competitors on the demand for reinsurance

Managerial Finance
PurposeAccording to the market competition theory, a firm’s decision-making is influenced by the behaviors or strategies of its competitors. The repercussions of competition include market-stealing and spillover effects.
Vincent Y. L. Chang
semanticscholar   +1 more source

The Global Reinsurance Market

2007
Insurers buy reinsurance for risks they cannot or do not wish to retain and to benefit from the capital relief reinsurance provides. Reinsurance and primary insurance represent two separate elements in the insurance value chain. By providing coverage against adverse fluctuations in claims, reinsurance protects the capital base of the primary insurer ...
Thomas Holzheu, Roman Lechner
openaire   +1 more source

Adverse Selection in Reinsurance Markets

SSRN Electronic Journal, 2011
This paper looks for evidence of adverse selection in the relationship between primary insurers and reinsurers. We test the implications of a model in which informational asymmetry – and therefore, its negative consequences – decline over time. Our tests involve a data panel consisting of U.S.
James R. Garven, Martin F. Grace
openaire   +1 more source

Adverse Selection in Reinsurance Markets

The Geneva Risk and Insurance Review, 2014
This paper looks for evidence of adverse selection in the relationship between primary insurers and reinsurers. We test the implications of a model in which informational asymmetry—and therefore, its negative consequences—decline over time. Our tests involve a data panel consisting of U.S.
James R Garven, James I Hilliard, Martin F Grace   +2 more
openaire   +2 more sources

Capital Markets Reinsurance, Inc

The Journal of Structured Finance, 2008
After the property catastrophe losses of 1992 (Hurricane Andrew), 2001 (9/11-World Trade Center), and 2005 (Hurricanes Katrina, Rita, and Wilma), capital of existing reinsurers was depleted and had to be replaced, and the typical response was to issue new equity and to raise premiums.
openaire   +1 more source

Reinsurance Function and Market

2020
The function of reinsurance is to absorb the risks of the direct insurance industry. This has two main purposes: (i) reinsurance capital allows direct insurers to write more business, and (ii) it protects them against balance sheet fluctuations caused by large and unexpected losses.
openaire   +1 more source

Core of the Reinsurance Market with Dependent Risks

Journal of the Operations Research Society of China, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Zhang, Jia-Hua, Fang, Shu-Cherng, Xu, Yi-Fan   +2 more
openaire   +1 more source

Reinsurance in arbitrage-free markets

Insurance: Mathematics and Economics, 1991
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Global reinsurance market

2013
The purpose of this paper is to show the historical aspect and theoretical background of reinsurance industry nowadays and to examine the current trends of global reinsurance market. The first chapters of the paper describe brief history of reinsurance and provide with the general definitions, explain main types and forms of reinsurance agreements ...
openaire   +1 more source