Veprauskaite, Elena; Sherris, Michael - In: International Review of Financial Analysis 35 (2014) C, pp. 128-139
Recent studies have analyzed optimal reinsurance contracts within the framework of profit maximization and/or risk … to determine how different reinsurance transactions affect the risk/reward profile of the insurer and whether factors …, such as claims severity, premiums, and insurer's risk appetite, influence the choice of a proportional reinsurance coverage …