The paper investigates risk management processes in life insurance, in a perspective consistent with the framework of … formally identify the equilibrium conditions. Considerations about the technical equilibrium of an insurance portfolio and the …

approaches focus on classical investors and do not account for specific aspects of insurance companies. In this paper, we … consider the stock selection problem of life insurance companies. In addition to stock risk, our model set-up includes other … insurance solvency regulation, such as Solvency II, we measure risk using the solvency ratio, i. e. the ratio of the insurer …