response could be taken, as for example mitigation and insurance. This doctoral thesis focuses on the relation between the … insurance and the mitigation approach. It studies the impact of insurance instruments on mitigation of climate change. The main …

allows them to extend to consumers individually adjusted fair insurance offers. In a market which is characterized by … for the analysis in this thesis. Its purpose is to study the incentives of the agents in the car insurance market … in terms of the design of contracts and to the policy maker in terms of regulating the insurance market. After a short …

insurance company would have to purchase supplemental reinsurance to complement the exchange-based product, but the level of …-based contracts as a substitute for the Standard Reinsurance Agreement (SRA). The contract we analyze here is a Group Revenue Contract …, which would allow producers to guarantee against reductions in county-level revenues. The insurance company would then …

insurers ask for. Since reinsurance costs constitute a major cost component of insurance premiums, minimizing these costs could …This paper investigates the optimal design of weather bonds for reinsurance purposes. The motivation for this task … comes from an empirical study showing that German farmers are not willing to pay the premiums for weather insurance that …

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 …

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 …

reinsurance market.To address the issue of soaring property insurance premiums and coverage availability in states that are …Essay One examines the asymmetric information problem between primary insurers and reinsurers in the reinsurance … Association of Insurance Commissioners (NAIC) and A.M. Best Company, the empirical tests show that the problem of adverse …

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

that parimutuel insurance intrinsically leads to participants being underinsured due to basis risk. Although participants … will be underinsured, parimutuel insurance guarantees no underlying risk borne by the issuer. We also derive the equivalent … transaction costs of traditional insurance relative to HuRLOs. The actual transaction cost for traditional insurance is found to …