This paper investigates the valuation effects of reinsurance purchases in a contingent claims framework. The … comparative statics of the model suggest that, other things held constant, the demand for reinsurance will be greater, 1) the …. These predictions are tested in an empirical analysis of the reinsurance behavior of U.S. property-liability insurance firms …

Standard Reinsurance Agreement. This arrangement allows the private firm to strategically allocate individual policies into …

Today’s reinsurance manager has to balance many diverging interests. Most prominent among these are the risk … number of available reinsurance and capital market solutions further complicate the decision-making process. Given the … restructuring an existing traditional reinsurance program using quantitative models of the risks. This is done by means of a case …

corporate tax schedule. It is shown that reinsurance markets enable risk-neutral insurers to allocate tax shields to those firms … with lessees in leasing markets. Reinsurance is therefore used as an efficient short-term mechanism to yield the optimal …

The changing business environment in non-life insurance and reinsurance has raised the need for new quantitative … based on large-scale computer simulations for the integrated financial modeling of non-life insurance and reinsurance …