Caja, Anisa; Planchet, Frédéric - In: Risks : open access journal 2 (2014) 1, pp. 74-88
Business and credit cycles have an impact on credit insurance, as they do on other businesses. Nevertheless, in credit … credit insurance. This paper proposes a model aiming to estimate future losses of a credit insurance portfolio, while taking … into account the insurer's management actions. The model considers the capacity of the credit insurer to take on less risk …
