Besson, Jean-Luc; Dacorogna, Michel M; Martin, Paolo de; … - In: The Geneva Papers on Risk and Insurance - Issues and … 34 (2009) 2, pp. 159-174
A modern reinsurance company needs to manage its capital efficiently. The problem is that there are many views on capital, depending on the various positions of the stakeholders of the company involved. In this paper, we present a consistent way of defining capital and of managing it, taking...
