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We compare cliquet-style interest rate guarantees used in German participating life insurance contracts across …
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-life insurance risk in internal risk models. Strategic management in an insurance company requires a multi-year time horizon for …-based algorithm (“re-reserving”) for quantifying one-year non-life insurance risk, presented in Ohlsson and Lauzeningks, to a multi …. Originality/value – To the best of the authors' knowledge, there are no model approaches or studies on insurance risk for …
Persistent link: https://www.econbiz.de/10010691548
Purpose – The purpose of this paper is to illustrate the importance of modeling parameter risk in premium risk, especially when data are scarce and a multi-year projection horizon is considered. Internal risk models often integrate both process and parameter risks in modeling reserve risk,...
Persistent link: https://www.econbiz.de/10010691552
non-life insurance. This is an important undertaking since differences in management techniques between life and non …-life insurance make management at the group level very difficult. The purpose of this paper is to offer a solution to this problem …. Design/methodology/approach – After explaining MCEV, the authors derive differences between life and non-life insurance and …
Persistent link: https://www.econbiz.de/10010815116
Purpose – The purpose of this paper is to illustrate the importance of modeling parameter risk in premium risk, especially when data are scarce and a multi-year projection horizon is considered. Internal risk models often integrate both process and parameter risks in modeling reserve risk,...
Persistent link: https://www.econbiz.de/10010709780
-life insurance risk in internal risk models. Strategic management in an insurance company requires a multi-year time horizon for …-based algorithm (“re-reserving”) for quantifying one-year non-life insurance risk, presented in Ohlsson and Lauzeningks, to a multi …. Originality/value – To the best of the authors' knowledge, there are no model approaches or studies on insurance risk for …
Persistent link: https://www.econbiz.de/10010709784
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