Bernard, Carole; Courtois, Olivier Le; Quittard-Pinon, … - In: The Geneva Risk and Insurance Review 30 (2005) 2, pp. 129-146
This article displays a study on the mutual insurance of bank deposits. A system where deposits are first insured by a consortium then by the Government is envisaged. We wish to compute the fair premia due to both the consortium and the Government. Various types of covenants aiming at making...