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management of environmental risks - environmental pollution risk and natural catastrophe risk in particular. It discusses the … issue of insurability of such risks, analyses the increasing risk of liability for environmental pollution and the … various environmental pollution insurance products and techniques developed in response to legal and factual evolutions. In …
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We study the optimal insurance design problem. This is a risk sharing problem between an insured and an insurer. The … for the insurance cover. This risk-adjusted premium calculation principle uses the cost-of-capital approach as it is … main novelty in this paper is that we study this optimization problem under a risk-adjusted premium calculation principle …
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