Financial Economics Of Insurance PDF Download
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Author | : Ralph S.J. Koijen |
Publisher | : Princeton University Press |
Total Pages | : 208 |
Release | : 2023-04-04 |
Genre | : Business & Economics |
ISBN | : 0691193266 |
Download Financial Economics of Insurance Book in PDF, ePub and Kindle
An authoritative and comprehensive graduate textbook on the modern insurance sector The traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance. With the decline of private defined benefit plans and government pension plans around the world, insurers are increasingly taking on the role of insuring market risk through minimum return guarantees. Insurers also use more complex capital management tools such as derivatives, off-balance-sheet reinsurance, and securities lending. Financial Economics of Insurance provides a unified framework to study the impact of financial and regulatory frictions as well as imperfect competition on all insurer decisions. The book covers all facets of the modern insurance sector, guiding readers through its complexities with empirical facts, institutional details, and quantitative modeling. An up-to-date textbook for graduate students in economics, finance, and insurance Covers a broad range of topics, including insurance pricing, contract design, reinsurance, portfolio choice, and risk management Provides promising new directions for future research Can be taught in courses on asset pricing, corporate finance, industrial organization, and public economics An invaluable resource for policymakers seeking an empirical and institutional account of today’s insurance sector
Author | : Harry H. Panjer |
Publisher | : Society of Actuaries |
Total Pages | : 712 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |
Download Financial Economics Book in PDF, ePub and Kindle
Author | : Peter Zweifel |
Publisher | : Springer Science & Business Media |
Total Pages | : 461 |
Release | : 2012-02-24 |
Genre | : Business & Economics |
ISBN | : 364220547X |
Download Insurance Economics Book in PDF, ePub and Kindle
Presenting theoretical foundations and empirical research, this text introduces the reader to the core issues and analytical tools of insurance economics, examining in detail a host of key factors including supply and demand, regulation and social insurance.
Author | : Felix Hufeld |
Publisher | : Oxford University Press |
Total Pages | : 247 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 0198788819 |
Download The Economics, Regulation, and Systemic Risk of Insurance Markets Book in PDF, ePub and Kindle
The book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create.
Author | : Felix Hufeld |
Publisher | : Oxford University Press |
Total Pages | : 247 |
Release | : 2016-10-28 |
Genre | : Business & Economics |
ISBN | : 0191093173 |
Download The Economics, Regulation, and Systemic Risk of Insurance Markets Book in PDF, ePub and Kindle
Despite the importance of insurance in enabling individual and collective social, economic, and financial activities, discussions about the macroeconomic role and risks of insurance markets are surprisingly limited. This book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create. The first part discusses the macroeconomic role of insurance and how insurance is different from banking and general finance. Understanding the differences between the balance sheets of insurers and other financial intermediaries is essential for understanding the potential differences in risk nature and optimal regulation. The second part of the book focuses on the risks managed by the insurance sector and the potential for systemic risk. The chapters discuss the risks both on the asset and liability sides of insurers' balance sheets. The third part of the book covers the impact of regulation on insurance companies. Existing regulation is often complex and has a large impact on insurance companies' decision-making and functioning. The chapters also illustrate the unintended consequences of various forms of regulation. The book concludes with a summary of a survey that has been conducted in collaboration with McKinsey, where insurance executives have been asked about the risks and regulation in the insurance sector. The survey provides guidance for future research on insurance markets.
Author | : |
Publisher | : |
Total Pages | : 669 |
Release | : 2001 |
Genre | : Finance |
ISBN | : |
Download Financial Economics Book in PDF, ePub and Kindle
Author | : Georges Dionne |
Publisher | : Springer Science & Business Media |
Total Pages | : 748 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : 0792392043 |
Download Foundations of Insurance Economics Book in PDF, ePub and Kindle
Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.
Author | : Solomon Stephen Huebner |
Publisher | : |
Total Pages | : 252 |
Release | : 1927 |
Genre | : Insurance, Life |
ISBN | : |
Download The Economics of Life Insurance Book in PDF, ePub and Kindle
Author | : S. Hun Seog |
Publisher | : John Wiley & Sons |
Total Pages | : 353 |
Release | : 2010-03-15 |
Genre | : Business & Economics |
ISBN | : 140518552X |
Download The Economics of Risk and Insurance Book in PDF, ePub and Kindle
Written for advanced undergraduate and master’s level courses, this book builds from a base of asymmetric information issues to discuss a wide array of topics and is illustrated with some timely examples. Covers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance Provides a clear exposition of the necessary mathematics, a feature which cannot be found in readers on the topic Utilizes an undergraduate economics major level of math Uses the simplest economic models possible to keep the text intuitive Introduces more mathematically complex techniques such as basic optimization for students wishing to 'go further' in their analysis
Author | : Steven Wayne Pottier |
Publisher | : |
Total Pages | : 416 |
Release | : 1994 |
Genre | : Insurance companies |
ISBN | : |
Download Financial economics of the insurance firm Book in PDF, ePub and Kindle