Artikel
Premium risk net of reinsurance: From short-term to medium-term assessment
Solvency II requirements introduced new issues for actuarial risk management in non-life insurance, challenging the market to have a consciousness of its own risk profile, and also investigating the sensitivity of the solvency ratio depending on the insurance risks and technical results on either a short-term and medium-term perspective. For this aim, in the present paper, a partial internal model for premium risk is developed for three multi-line non-life insurers, and the impact of some different business mixes is analyzed. Furthermore, the risk-mitigation and profitability impact of reinsurance in the premium risk model are introduced, and a global framework for a feasible application of this model consistent with a medium-term analysis is provided. Numerical results are also figured out with evidence of various effects for several portfolios and reinsurance arrangements, pointing out the main reasons for these differences.
- Language
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Englisch
- Bibliographic citation
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Journal: Risks ; ISSN: 2227-9091 ; Volume: 7 ; Year: 2019 ; Issue: 3 ; Pages: 1-29 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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collective risk model
multi-year solvency analysis
premium risk
reinsurance
- Event
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Geistige Schöpfung
- (who)
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Pallaria, Antonio
Savelli, Nino
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
-
2019
- DOI
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doi:10.3390/risks7030072
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Pallaria, Antonio
- Savelli, Nino
- MDPI
Time of origin
- 2019
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