Berry-Stölzle, Thomas - Institut für Versicherungswissenschaft <Köln> / … - 2005
In this paper, we examine liquidation strategies and asset allocation decisions for property and casualty insurance … companies for different insurance product lines. We propose a cash-flow based liquidation model of an insurance company and … allocation and a liquidation strategy. We show that the initial asset allocation, in conjunctino with the appropriate liquidation …