Kaufman, Roger; Gadmer, Andreas; Klett, Ralf - International Actuarial Association / Actuarial Studies … - 2001
In the last few years we have witnessed growing interest in Dynamic Financial Analysis (DFA) in the nonlife insurance … interest rates –
is necessary in order to be able to tackle the problem of evaluating interest
rate risk. Moreover, nonlife … value
over time. In order to achieve this goal it is necessary to get an understanding
of the economic factors driving …