by the insurance industry, converges to the same price as the standard-deviation principle. Finally, we study the …

. The asset modeling framework leads to the proliferation of inappropriate assumptions about the effect of insurance line of … insurance parameter risk. …

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 …

Solvency II defines minimum capital requirements from insurance companies, due to their exposure to risk. Regulatory … bodies of the Brazilian insurance market issued regulations based on a deterministic model for the calculation of risk based … product of an insurance company operating in Brazil. The Brazilian case is relevant, since due to its high interest rate …

insurance. I compare models with deterministic and stochastic hazard rate of death to a model without mortality risk. Mortality … influences optimal controls and wealth evolution. The insurance is used to ensure optimal bequest such that there is no … accidental bequest. In the absence of the insurance, the biggest part of bequest is accidental. …

correctly reflects the sample behaviour for the right tail probability. An application of the model to dental insurance data is … should be taken into account among other possible distributions for insurance data in which the properties of a heavy …

The valuation of insurance liabilities has traditionally been dealt with by actuaries, who closely monitored underlying …

This is a summary of the main topics and findings from the Swiss Risk and Insurance Forum 2017. That event gathered … experts from academia, insurance industry, regulatory bodies, and consulting companies to discuss past and current … developments as well as future perspectives in dealing with asset-liability management for long-term insurance business. Topics …