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When Hurricane Celia struck the Texas coast on August 3, 1970, many insurance companies ceased to write business in this region. To protect consumers, the state stepped in and in 1971 created the Texa...
The Life Insurance Association, Singapore (LIA) was registered in 1962 as a society under the Registry of Societies. From 1962 to 1974, LIA was the sole trade association for life insurance companies ...
The American Insurance Association (AIA) is the leading property-casualty insurance trade organization, representing 350 insurers that write more than $123 billion in premiums each year. AIA member co...
When Effort Rimes with Advantageous Selection: A New Approach to Life Insurance Pricing
advantageous selection precautionary effort life insurance
2009/5/7
This paper investigates the demand for and pricing of life insurance when insureds’ risk aversion is correlated with their precautionary effort. We assume that the population is divided into two grou...
The first passage event for sums of dependent Lévy processes with applications to insurance risk
First passage event fluctuation theory ladder process multivariate L´ evy process
2010/11/3
For the sum process X = X1 + X2 of a bivariate L´evy process (X1,X2) with possibly dependent components, we derive a quintuple law describing the first upwards passage event of X over a fixed ba...
Optimal reinsurance/investment problems for general insurance models
Optimal reinsurance investment problems general insurance models
2010/11/2
In this paper the utility optimization problem for a general insur-ance model is studied. The reserve process of the insurance company is described by a stochastic differential equation driven by a Br...
Are Added Land and New Producer Provisions in Crop Insurance Vulnerable to Abuse? The Case of Insured Texas Cotton Producers
Are Added Land and New Producer Provisions Crop Insurance Insured Texas Cotton Producers
2008/12/10
Reducing vulnerabilities in the crop insurance program is important to the welfare of Texas cotton (Gossypium hirsutum L.) producers because excessive losses due to the abuse of these vulnerabilities ...
Financial Placement and Technical Reserves in Insurance Accounting
Insurance Financial placement Premium Technical reserves
2010/10/20
The subject of insurance companies is to provide insurance protection based on commercial principles. All changes in the society are directly reflected in the insurance activity. New risks appear and ...
The aim of this paper is to introduce an insurance model allowing reinsurance and dividend payment. Our model deals with several homogeneous contracts and takes into account the legislation regarding...
Max-Plus decomposition of supermartingales and convex order. Application to American options and portfolio insurance
Max-Plus decomposition supermartingales convex order Application American options portfolio insurance
2010/12/17
We are concerned with a new type of supermartingale decomposition in the Max-Plus algebra, which essentially consists in expressing any supermartingale of class $(\mathcal{D})$ as a conditional expec...
Department of Risk Management and Insurance, Georgia State University（图）
risk management 保险管理 Insurance 保险学
2008/1/15
The Risk Management and Insurance Department is one of the largest and finest academic programs dedicated to risk management research and education anywhere in the world. More than 20 faculty conduct ...
Center for Risk Management and Insurance Research at Georgia State University（图）
Risk Management 保险管理 Insurance 保险学
2008/1/15
Center for Risk Management and Insurance Research is in the J. Mack Robinson College of Business at Georgia State University. Established in 1969, the Center studies and disseminates information on tr...
The Risk and Insurance Management Society, Inc. (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a professional discipline that protects physical, financ...
An optimal life insurance policy in the investment-consumption problem in an incomplete market
life insurance policy the investment-consumption problem incomplete market
2010/12/13
This paper considers an optimal life insurance for a householder subject to mortality risk. The household receives a wage income continuously, which is terminated by unexpected (premature) loss of ear...
The Malaysian Insurance Institute（图）
Risk Management 风险管理 Actuarial Science 保险精算学 Financial Services 金融服务 Life Insurance 人寿保险
2007/12/25
The Malaysian Insurance Institute Established in 1968, MII’s commitment to providing excellence in insurance education has led to tremendous growth in the number of educational programmes and activiti...