the model is calibrated to pre-industrial mortality data from England, France and Sweden. By fitting parameters to match …

We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

insurance. It discusses how new actuarial approaches were developed within each practice area, and how these emerging ideas … general insurance reserving; the adoption of risk-based reserving and the Guaranteed Annuity Option crisis at the end of the …