The main pillars of the insurance management are market share, financial strength and return for stockholders' capital. To increase the volume of business is a natural target for the management of an insurance company, but that may cause a need of new capital for solvency requirements and consequently a reduction in profitability is likely to occur. An appropriate risk analysis is then to be carried out on the company, in order to assess appropriate strategies, among these reinsurance coverage are extremely relevant. At that regard risk theoretical models may be very useful to depict a risk-return framework and in this paper some results are emphasized for the insurance risk management analysis in case different reinsurance strategies are pursued.
|Number of pages||1|
|Journal||INSURANCE MATHEMATICS & ECONOMICS|
|Publication status||Published - 2002|
- non life insurer
- risk analysis
- traditional reinsurance