Risk transfer is a key risk and capital management tool for insurance companies. Transferring risk between insurers is … environment of insurers and consider capital costs and capital constraints at the level of individual insurance companies. We …

and the banking/insurance/reinsurance industry. Koch (2017) introduced a notion of spatial risk measure and a …

We solve the problem of an insurer who decides to optimally allocate a proportion (1-a(t)) of premiums to a re-insurance …