focus on property/casualty insurance, as implemented in three regions of the world (the United States, the European Union …, and Switzerland). To integrate the dynamics of the insurance and capital markets and recent developments in regulation we …

difficulty inherent to this approach for proper risk assessment. Then, we describe the “insurance scoring” approach as used in … the U.S. insurance market, which leads us to suggest scoring techniques as a risk assessment method for the German … automobile insurance industry. Finally, we discuss the benefits and problems of scoring in the context of automobile insurance. …

insurance contracts on the surrender profits of primary insurers.Our model includes mortality heterogeneity by applying a …

insurance companies (Swiss Solvency Test), introduced in 2006. As the insurance industry is one of the largest institutional … changes in the asset and liability management of Swiss insurance companies. We investigate resulting effects on the Swiss …

typically done in most insurance markets––our singlemodel will reduce complexity and costs for insurers as well as for …

In this article we identify risk and return profiles of two types of investment guaranteesin unit-linked life insurance … havingaverage rate of return and standard deviation over the contract term with a ConstantProportion Portfolio Insurance managed …