Lebensversicherung im Kontext der Alterssicherung4 Entwicklung der Lebensversicherung5 Entwicklung der gesetzlichen Rentenversicherung6 …

The main aim of this thesis is the development of locally risk-minimizing hedging strategies for unit-linked life … provides moreover a quadratic hedging framework for insurance payment streams exposed to pure financial and pure insurance risk … an incomplete financial market in case of a more general geometric Lévy-driven model. We first derive the locally risk …

Die Arbeit hat das Ziel, die ursprünglich rein kapitalmarkttheoretisch ausgelegte Optionspreistheorie für das … den Leitlinien der Optionspreistheorie folgen.Mit einer auf die 16 führenden Pharmaunternehmen bezogenen empirischen …

purpose of life insurance and annuities is to hedge against the risk that one will die early or late. The present value of the … people to buy more. Insurance is a hedge, not a bet. And it makes no sense to hedge more risk than you have. …

the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …

-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …

compare the efficiency of these four categories, according to the two main roles of the life insurance, (1) risk pooling, risk … sharing and risk allocation (2) premium collecting, reinvesting for the high rate of return. We use the DEA method, a popular …