Yu, Tzu-Yi; Tsai, Chenghsien; Huang, Hsiao-Tzu - In: European Journal of Operational Research 207 (2010) 1, pp. 499-507
Proper asset allocations are vital for property-casualty insurers to be competitive and solvent. Theories of finance offer little practical guidance in constructing such asset allocations however. This research integrates simulation models with a newly developed evolutionary algorithm for the...