Results 51 to 60 of about 739 (179)
Reinsurance contracts have evolved significantly, transitioning from trust-based ‘gentlemen’s agreements’ to complex legal instruments featuring heightened risk exposure.
Наташа ПЕТРОВИЋ ТОМИЋ +1 more
doaj +1 more source
Contingent capital: A tale of two valuations
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai +3 more
wiley +1 more source
Distribution channels of insurance and reinsurance services [PDF]
Insurance and reinsurance industry is famous for its traditionalism, that is uninventiveness and neglecting of marketing as business concept and function and by doing so, neglecting opportunities for optimal combination of different distribution channels.
Njegomir Vladimir
doaj
Generative AI adoption and barriers in the insurance industry
Abstract This study examines the adoption of Generative Artificial Intelligence (Gen AI) in the insurance industry through an institutional lens, drawing on semi‐structured interviews with 21 senior insurance professionals. While Gen AI offers significant potential for a data and text‐intensive industry, adoption remains cautious and uneven.
Aisling Owen +2 more
wiley +1 more source
The article considers the problems and issues of the insurance market of Russia in relation with reinsurance as one of the most significant factors of economic security.
L. A. Akhmetov, R. S. Yusubov
doaj
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
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
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
THE CATASTROPHIC RISK REINSURANCE: FOREIGN EXPERIENCE
The article deals with foreign experience of catastrophic risks reinsurance. The directions to ensure savings and increase capitalization of insurance companies under reinsurance protection.
T. Tatarina
doaj +1 more source
The Unintended Consequences of Individual Market Reinsurance
This Viewpoint discusses how reinsurance, a policy change made by 18 states to improve coverage affordability for unsubsidized Marketplace enrollees, has led to coverage losses among subsidized enrollees.
Coleman, Drake, David M, Anderson
openaire +2 more sources

