This article discusses group aspects that may be expected to be important determinants of regulatory reform in the insurance sector. Basically, we deal with the question of whether the risk level of a group is higher or lower than the simple sum of risks of all institutions individually. The...

An increased frequency and intensity of climate-related natural catastrophes has created significant challenges for both the private and the public sector. Existing risk-sharing approaches are reaching their efficacy limits, pushing governments to take on an increasing share of the burden as...

This paper introduces the LIR-Schema, a framework to model knowledge flows within a company based on model-theory. Competence management is integrated in this framework as a tool for modelling the contexts of sender and receiver of expertise. The main target of this framework is to reduce the...