Optimal risk transfers are derived within an insurance group consisting of two separate legal entities, operating under …

Changes in mortality rates have an impact on the life insurance industry, the financial sector (as a significant …. Thus, the pricing of financial, pension and insurance products that are contingent upon survival or death and which is … life insurance), and the actuarial reserve. Finally, several tables and figures illustrate the main findings of this paper …

Index triggers have enabled the extension of insurance to disaster risks by providing a simple mechanism to determine … insurance payment. Disaster risks are notoriously difficult to insure against due to the covariant nature of risks, moral hazard …

This paper proposes measures of income risk that households face, and of the extent of insurance effectively delivered … panel data of household income and consumption; and (3) measuring income risk, consumption risk, and insurance using the … risk and insurance across households highlights geography and education as key determinants of the cost of risk for …