1 On the Solvency of Insurers -- Foreword -- Problems and Definitions -- Risk Analysis, Straightforward and Statistical Analysis -- Public Solvency Control -- The Insurer’s Own Efforts -- Life Insurance -- 2 The Management of Solvency -- Definition -- Measurement -- Factors Affecting Solvency...

The theme of this book is the management of life insurers using techniques drawn from the field of finance. The importance of financial management has increased greatly in recent years, paralleling the growth in competition within the financial services industry. This competitive environment...

The Assessment of the Financial Strength of Insurance Companies by a Generalized Cash Flow Model -- Cash Flow Simulation Models for Premium and Surplus Analysis -- Some Aspects of Life Assurance Solvency -- The Solvency of a General Insurance Company in Terms of Emerging Costs -- Some General...

I Operational Models of Risk Assessment -- 1 An Analysis of Underwriting Cycles and their Effects on Insurance Solvency -- 2 A Management Model of a General Insurance Company Using Simulation Techniques -- 3 Classifying Financial Distress in the Life Insurance Industry -- 4 Variability of...

1 Introduction -- I Fundamentals of Risk Classification -- 2 The Theory of Insurance Pricing: Loss Distributions and Expected Value -- 3 The Economic Role of Risk Classification -- 4 Heterogeneity in Risk Classification -- 5 Fairness in Risk Classification -- 6 Conclusions to Part I -- II...