This research investigates the strategic behavior of private crop insurance firms reinsured by the USDA through the … Standard Reinsurance Agreement. This arrangement allows the private firm to strategically allocate individual policies into …

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 …

. These predictions are tested in an empirical analysis of the reinsurance behavior of U.S. property-liability insurance firms …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 …

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 …

This paper presents an analytical model of underwriting capacity and insurance market equilibrium under an asymmetric … 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 …

’ target financial leverage and the speed of adjustment to it in two transition economies, the Czech Republic and Bulgaria. We … explicitly model the adjustment of companies’ leverage to a target leverage, and this target leverage is itself explained by a … under investigation. Bulgarian companies adjusted much faster to the target leverage than Czech firms. The speed of …

purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured’s actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …

and objectives for the first stages of insurance data analysis have been sketched out. Scale hypotheses, insurance and …

insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …