The eight essays in Insurance, Risk Management, and Public Policy encompass the economic and financial theory of insurance, insurer and corporate risk managment, and insurance regulation. These essays will be of broad interest to researchers in the area of insurance economics, finance, and risk...

1 Investment Income and Profit Margins in Property-Liability Insurance: Theory and Empirical Results -- 2 The Massachusetts Model of Profit Regulation in Nonlife Insurance: An Appraisal and Extensions -- 3 A Discounted Cash Flow Approach to Property-Liability Insurance Rate Regulation -- 4...