insurance products are designed and valued. The uncertainty lies both in the accidental (insurance risk) and systematic … due to the randomness in the choice of the survival model for valuations (model risk or projection risk). If the insurance …. Design/methodology/approach – The financial quantity proposed for representing the economic wealth of the life insurance …

, infinite-mean – insurance losses. Design/methodology/approach – Three specific questions are addressed in turn. First, how do … infinite-mean insurance losses arise in the real world? Second, can infinite-mean losses exist even in the presence of … insurance policy limits (caps)? Third, why are infinite-mean losses so infrequently discussed by practitioners and regulators …

information. Design/methodology/approach – Insurance companies collect a variety of information on potential policyholders to … insurance contract to a particular individual or firm) and rating (the calculation of a policyholder's premium level once a … firms will be able to purchase insurance, it is not necessary when the purchase of insurance is required by government. The …

Purpose – The purpose of this paper is to examine brokers' financial incentives in the Nigerian insurance market and … opportunism of customers in the Nigerian insurance market. Design/methodology/approach – The study involved the use of semi …-structured interviews of insurance broking executives and documentary analyses of how incentives aid the control of opportunism in the …

Purpose – Recapitalization, mergers, and acquisitions are the most crucial issues confronting the Nigerian Insurance … insurance underwriters towards the recapitalization exercise in Nigeria. Design/methodology/approach – Stratified sampling was … applied in segregating listed insurance companies on the Nigeria Stock Exchange into top-, middle-, and lower …

for the proposed national insurance scheme. Design/methodology/approach – The benchmarking analysis of the proposed scheme … is undertaken in comparison to the best practices of the catastrophe insurance systems operating in most member-states of … proposed national insurance scheme are estimated for all CRESTA zones of the country. Research limitations …

Purpose – The purpose of this paper is to examine the determinants of operational losses in insurance companies. Design … integrates a quantitative aspect that reflects the mode of organization in the insurance company. In this paper, it would be more … negatively related to the Variety of Insurance Activities (VARIACT). The paper also found a decrease in the frequency of losses …

different risk management practices that may be offered in conjunction with crop insurance, to address the various problems and … challenges being faced by farmers and by insurance companies. Design/methodology/approach – The research is based on an inductive … by inductively exploring the various elements that may be successfully interlinked with the crop insurance to tackle the …

insurance products are designed and valued. The uncertainty lies both in the accidental (insurance risk) and systematic … due to the randomness in the choice of the survival model for valuations (model risk or projection risk). If the insurance …. Design/methodology/approach – The financial quantity proposed for representing the economic wealth of the life insurance …

Capital Requirement under Solvency II. Design/methodology/approach – The time horizon of the insurance liabilities is … matching framework under lattice models. The proposed method is particularly useful for insurance products with a typical long …