The aim of this paper is to examine the impact of dependencies between climate transition and physical risks on the default probability and profitability of a non-life insurer focusing on the scenario of a delayed and sudden transition. Toward this end, we suggest a simplified modeling approach...

Customer relationship management and marketing analytics have become critical for nonlife insurers operating in highly competitive markets. As it is easier to develop an existing customer than to acquire a new one, cross-selling and retention are key activities. In this research, we focus on...

In this paper, we compare different spatial models for modelling the risk premium for water damage insurance on the level of the policyholder. We evaluate four models that take the spatial variability into account: (1) the Intrinsic Conditional Auto-Regressive (ICAR) model; (2) the Besag, York,...