The current COVID-19 pandemic caused a significant shock to the world economy which led to large-scale government support measures and thus proved the non-resilience of the current financial ecosystem, with devastating effects on the human global population. As research indicates, pandemic...

For assuming risk in a multi-party risk pool of several insurance companies, a pool sharing mechanism, i.e., a type of pricing mechanism, is needed to determine each participant's share of the pool's losses. Based on axiomatic capital allocation principles, a fair and unique pool sharing...

The regulatory regime in Europe is undergoing a fundamental change that will serve as a benchmark for the regulators of other countries. This paper analyzes the influence of regulation imposed by Solvency II on life catastrophe risk management activities. The interplay of extreme mortality risks...

The regulatory regime in Europe is undergoing a fundamental change that will serve as a benchmark for the regulators in other countries. This paper analyses the influence of regulation imposed by Solvency II on life catastrophe risk management activities. The interplay of extreme mortality risks...