We study risk-minimization for a large class of insurance contracts. Given that the individual progress in time of … visiting an insurance policy's states follows an F-doubly stochastic Markov chain, we describe different state-dependent types … of insurance benefits. These cover single payments at maturity, annuity-type payments and payments at the time of a …

We present a model for P/L insurance companies based on Asset-Liability-Management (ALM). We show analytically for …

macroprudential insurance regulation. …

Risk transfer is a key risk and capital management tool for insurance companies. Transferring risk between insurers is … environment of insurers and consider capital costs and capital constraints at the level of individual insurance companies. We …. However, from a network perspective, we derive a unique fair solution in the sense of cooperative game theory. Implications …

Solvency II is a new risk-based framework for setting the capital requirements of European insurance companies, in … be applied at a representative European life insurance company …