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uniquely prescribe the metric for risk adjustment, we expect that VaR will be widely applied by insurance firms. Overall …
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Fundamental stock analysts covering the insurance industry may be overly influenced by infrequent large scale … perspective in order to set an appropriate fair value on an insurance company's stock. This paper presents an analysis of … insurance industry losses due to catastrophes and shows how they can be put in perspective with respect to frequency and size …
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The Global Financial Crisis exposed financial institutions to severe unexpected losses in relation to mortgage securitizations and derivatives. This paper analyzes a unique and extensive ratings and impairment events database for securitizations. The paper finds that risk models such as ratings...
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Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve … insurance choices over different loss probabilities and prices. The insurance choices show coherence and some correlation with …
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Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve … insurance choices over different loss probabilities and prices. The insurance choices show coherence and some correlation with …
Persistent link: https://www.econbiz.de/10013312498
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