-based contracts as a substitute for the Standard Reinsurance Agreement (SRA). The contract we analyze here is a Group Revenue Contract … suggests that this reinsurance tool would eliminate most though not all of the systemic risk associated with this product. The … insurance company would have to purchase supplemental reinsurance to complement the exchange-based product, but the level of …

This paper investigates the optimal design of weather bonds for reinsurance purposes. The motivation for this task … insurers ask for. Since reinsurance costs constitute a major cost component of insurance premiums, minimizing these costs could … capital market investors. The approach is illustrated by an example of securitizing draught risk in crop production in Germany. …

occurrence of a naturaldisaster, the reconstruction can be financed with catastrophe bonds(CAT bonds) or reinsurance. This paper … sidesof the contract, the reinsurance and the capital markets, and from the historicaldata. The results demonstrate that …, under specific conditions, thefinancial strategy of the government, a mix of reinsurance and CAT bond, isoptimal in the …

After the occurrence of a natural disaster, the reconstruction can be financed with catastrophic bonds (CAT bonds) or … reinsurance. For insurers, reinsurers and other corporations CAT bonds provide multi year protection without the credit risk … present in reinsurance. For investors CAT bonds offer attractive returns and reduction of portfolio risk, since CAT bonds …

Essay One examines the asymmetric information problem between primary insurers and reinsurers in the reinsurance … selection exists in the reinsurance market between the affiliated insurers and non-affiliated reinsurers, and even between … reinsurance market.To address the issue of soaring property insurance premiums and coverage availability in states that are …

. Two different empirical studies are donewith data sets from Australian companies: 1) one study on reinsurance demand;and 2 …

U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework … reality of labour market rationing and itsdistributional implications both in the U.S. and Germany. … U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework …

, including Germany, in the last decade of the twentieth century, has also led to an increase in the immigrant entrepreneurship …. More precisely, the self-employment structure of immigrants to Germany changed tremendously since the 1970s. For instance …, this dissertation investigates the determinants of successful immigrant entrepreneurship for whole Germany as well as for …

Deutschland hat eine weit zurückreichende Tradition als Einwanderungsland. Im internationalenVergleich gehört die … Bundesrepublik Deutschland mittlerweile zu den größten Einwanderungsländern.Deutschland betreibt jedoch … Deutschland von der Einwanderungs- und Integrationspolitik des größtenklassischen Einwanderungslandes, der USA, etwas lernen …

Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …