Risk Based Capital Allocation and Risk Adjusted Performance Management in Property/Liability-Insurance : a Risk Theoretical Framework

The paper discusses several central issues of a RAPM-approach: Virtual risk adjusted capital (VRAC) on the company level, return on risk adjusted capital (RORAC), risk based capital allocation to business segments, RAPM for business segments. RORAC-based premium principles are presented and discussed as well.

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Year of publication:	1997
Authors:	Albrecht, Peter
Institutions:	Universität <Mannheim> / Lehrstuhl für ABWL, Risikotheorie, Portfolio Management und Versicherungswirtschaft
Published in:	Universität Mannheim - Lehrstuhl für ABWL, Risikotheorie, Portfolio Management und Versicherungswirtschaft - Publikationen Joint Day-Proceedings, ASTIN/AFIR Colloqium 1997, Cairns/Australien, S. 57-80
Subject:	Versicherung \| Rendite \| Kapitalallokation \| virtual risk adjusted capital

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Extent:	1455104 bytes 13 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	Management of insurance ; Individual Conference Proceedings ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005842329