describe and analyze the principal methodologies that have been developed for measuring efficiency and productivity, defining … efficiency and productivity measurement in insurance …

In this paper we propose a new rule to allocate risk capital to portfolios or divisions within a firm. Specifically, we … determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … of portfolios is defined as the expected loss of that set of portfolios in excess of the amount of risk capital allocated …

In this paper we propose a new rule to allocate risk capital to portfolios or divisions within a firm. Specifically, we … determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … of portfolios is defined as the expected loss of that set of portfolios in excess of the amount of risk capital allocated …

Pareto optimal allocations and optimal risk sharing for coherent or convex risk measures as well as for insurance … applying inf-convolution of risk measures and convex analysis.In the recent literature, an increasing interest has been devoted … to quasiconvex risk measures, that is risk measures where convexity is replaced by quasiconvexity and cash-additivity is …