an insurance context. Several financial instruments (i.e., funds, options, and stocks) are analyzed with different … policyholder liabilities can be securitized to act as alternative investments through insurance-linked securities (ILS) funds. … verbriefte Versicherungspolicen durch Insurance-Linked Securities (ILS)-Fonds als alternative Investitionsmöglichkeit bietet. …

management and insurance research and practice. In light of the common call for a sound risk culture, a normative concept … outlines those organizational values that are characteristic of an ideal risk culture for (re)insurance companies from the … argument is made that the current focus by the risk and insurance practice on alignment and consistency as well as viewing risk …

Paper I, "The Liability Regime of Insurance Pools and Its Impact on Pricing", addresses the pricing of insurance … premiums for specific forms of risk sharing in the insurance industry. The implicit diversification effect from this risk … Diversification of Risky Insurance Coverage", considers in a three-state model the optimal level of insurance coverage for a risk …

Insurance companies are making an ever increasing effort to tailor their products more to the needs of their customers … and perceive the benefit of insurance contracts differently from rather rational corporate insurance clients. The … dissertation at hand aims at fostering the understanding of customer needs and their perception of insurance contracts and provides …