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In the framework of collective risk theory models, the dynamic solvency insurance contract is studied. Whenever the … reserve falls below the ruin level, such a contract provides a payment in the amount of the deficit. The paper focuses on the … net single premium of solvency insurance by considering two different definitions of ruin, referring to models modified by …
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particular on Council Directive 93/13/EEC and on Article 2:304 of the Principles of European Insurance Contract Law. A list of …The paper deals with the issue of unfair terms in regard to insurance contracts in the European context. It focuses in … abusive clauses in insurance contracts is also analyzed …
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Trade credit insurance (TCI) is a risk management tool commonly used by suppliers to guarantee against payment default …
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Suppose you have a homeowners insurance policy that protects you against wildfires but not mudslides. One day, a … a mudslide on that same hill that sweeps down and destroys your home. Are you protected by your homeowner's insurance … mudslide: it annihilated the root networks holding the soil on the hillside together. However, insurance companies are clever …
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