Publications
Detailed Information
Pricing Risk-Adjusted Guaranty Insurance for Systematic Catastrophes
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 1995-01
- Citation
- Seoul Journal of Economics, Vol.8 No.1, pp. 23-38
- Keywords
- insurance company ; policyholders
- Abstract
- Insurance guaranty funds compensate policyholders for losses resulting from insurance company insolvencies. This paper derives a risk-adjusted premium formula for insurance guaranty funds, when the insurance firm faces catastrophic risks which are correlated with the overall economy. In a normal situation, systematic jump risks lower the risk-adjusted premium, on the contrary to unsystematic jump risks.
- ISSN
- 1225-0279
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.