Risk transfer is a key risk and capital management tool for insurance companies. Transferring risk between insurers is … environment of insurers and consider capital costs and capital constraints at the level of individual insurance companies. We …. However, from a network perspective, we derive a unique fair solution in the sense of cooperative game theory. Implications …

macroprudential insurance regulation. …

Solvency II is a new risk-based framework for setting the capital requirements of European insurance companies, in … be applied at a representative European life insurance company …

Catastrophe (Cat) bonds are insurance securitization vehicles which are supposed to transfer catastrophe … the market for insurance securitization is easiest for firms with less risky portfolios. Second, firms that issue Cat …

Catastrophe insurance markets have changed beyond recognition since the sudden upturn in claims beginning in 1966 …. There is now a growing tendency for risk manager to bypass traditional insurance markets, and a variety of instruments …

residential property for applications in banking and insurance including pricing, risk management, and portfolio management. Risk …

pricing, capital, and buying decisions in one equilibrium. Existing catastrophe insurance models focus on either the primary … insurance market or the reinsurance market, thus involving one or two decision makers. Our model involves both markets and three … reinsurance addresses the failure of the private catastrophe insurance market, increases individuals' willingness to pay for …

This paper introduces a new insurance paradigm, called insurance-by-credit (hence IBC), that is based on the idea of … running insurance on deficit. We believe that IBC can better cope with the macro-level risks such as the COVID-19 outbreak …, compared with the standard insurances. As we will discuss, the standard insurance approach towards risk is an ex-ante approach …

cyber insurance and risk measurement. The results are illustrated in a simulation study …