Showing 1 - 10 of 38
This paper is aimed to answer a set of questions through an examination of the literature and empirical evidence on annuities. Every section of the paper try to address one specific question, naming: How important is the ageing problem in the world? How is social security being replaced or...
Persistent link: https://www.econbiz.de/10015220123
The insurance industry, in its different business lines, concentrates 11 percent of the World financial assets. As in all the remaining financial activities, it is object of comprehensive regulation of structure, conduct and performance (with diverse emphasis), besides social scrutiny. The...
Persistent link: https://www.econbiz.de/10015223502
This article looks at the determinants of the choice of productive projects involving intertemporal contracts in rural Peru. In a setting where the formal education is limited, the successful launching of new financial instruments may be affected by the lack of proper understanding of their main...
Persistent link: https://www.econbiz.de/10015226511
This paper presents the analysis and valuation of an individual, temporary, and leveled-prime life insurance. It starting point is an analogy between contract rules and a financial exotic option. In particular, a cash or nothing option. Several cases are presented from a person with different...
Persistent link: https://www.econbiz.de/10014494439
The object of study of this paper is the analysis of the level of reserves in a non-life insurance portfolio. The approach to this tool as an indicator of the solvency of the portfolio poses an initial dilemma between the security necessary to be able to respond to the losses that have occurred...
Persistent link: https://www.econbiz.de/10014494550
Agricultural insurances based on a climate index are an innovative form of insurance that represent a viable alternative for low-income countries. Such insurances are tied to a climatic index (e.g. the level of precipitation, temperature, humidity or crop yield) rather than an actual loss. This...
Persistent link: https://www.econbiz.de/10014540903
The text explores generally whether recommendations relating to deposit insurance are international guidleines or mandatory rules, explores the role of deposit insurance as one of several elements in the financial safety net, and offers an outlook to a future with more research and cross-border...
Persistent link: https://www.econbiz.de/10015237342
The aim of this paper is to summarise a variety of dimensions of agricultural risk in Argentina and to propose different lines of research related to an integrated risk management framework at the macro and micro levels. First, we analyse the incidence of the primary sector in the Argentinean...
Persistent link: https://www.econbiz.de/10015242805
The aim of this work is to present an exploratory synthesis of international experience related to index-based insurance, in order to assess their potential applicability as adaptation to climate risk in the case of countries dependent of agriculture. It will attempt to define the particular...
Persistent link: https://www.econbiz.de/10015252670
Insurance companies have to estimate reserves and provisions to cover the payment of either unreported claims or unsettled claims. In this paper, we apply the Chain-Ladder method to obtain a point estimate of reserves, and then we use the bootstrap technique to estimate the margin of error and...
Persistent link: https://www.econbiz.de/10011307180