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Classical Insurance Solvency Theory
. Ed(S): Cummins, J. David; Derrig, Richard A.
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Description for Classical Insurance Solvency Theory
Paperback. Proceedings of the First International Conference on Insurence Solvency Editor(s): Cummins, J. David; Derrig, Richard A. Series: Huebner International Series on Risk, Insurance and Economic Security. Num Pages: 186 pages, biography. BIC Classification: KFF; KFFN. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 10. Weight in Grams: 302.
The problem of solvency is, in fact, as old as insurance. The history of the industry knows many ways to meet the risks involved with underwriting, such as spreading the risk portfolio (Cato, Senior already applied it), risk selection, reserve funds, reinsurance, etc. Whilst these measures too often proved ineffective, the establish ment of legislative control and public supervision ensued. However, not until the last few decades has the solvency issue become an ob ject of intensive studies, very much thanks to the progress of related empirical and theoretical knowledge, and in the under standing of the concerned complicated processes. ... Read more
The problem of solvency is, in fact, as old as insurance. The history of the industry knows many ways to meet the risks involved with underwriting, such as spreading the risk portfolio (Cato, Senior already applied it), risk selection, reserve funds, reinsurance, etc. Whilst these measures too often proved ineffective, the establish ment of legislative control and public supervision ensued. However, not until the last few decades has the solvency issue become an ob ject of intensive studies, very much thanks to the progress of related empirical and theoretical knowledge, and in the under standing of the concerned complicated processes. ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
186
Condition
New
Series
Huebner International Series on Risk, Insurance and Economic Security
Number of Pages
160
Place of Publication
Dordrecht, Netherlands
ISBN
9789401077071
SKU
V9789401077071
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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