Life Insurance Risk Management Essentials

• Κύριος συγγραφέας: Koller, Michael (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2011.
• Σειρά: EAA Series,
• Θέματα: Finance.; Insurance.; Applied mathematics.; Engineering mathematics.; Probabilities.; Statistics.; Macroeconomics.; Macroeconomics/Monetary Economics//Financial Economics.; Applications of Mathematics.; Probability Theory and Stochastic Processes.; Statistics for Business/Economics/Mathematical Finance/Insurance.

The aim of the book is to provide an overview of risk management in life insurance companies. The focus is twofold: (1) to provide a broad view of the different topics needed for risk management and (2) to provide the necessary tools and techniques to concretely apply them in practice. Much emphasis...

Πίνακας περιεχομένων:

• What is Risk Management
• The role of the Balance Sheets and of Capital
• Accounting Principles
• Risk Appetite and Tolerance
• Key Insurance Processes and their Risks
• Financial Risks and their Modelling
• Insurance Risks
• Operational Risks
• Capital Models and Integrated Risk Management
• Risk adjusted performance Metrics
• Risk Management in a Group and Intra-group Transactions
• Products and their Risks
• Emerging Risks
• Regulatory view on Risk Management: Solvency II
• Governance and Organisation
• A Stochastic Processes
• B Application of the Markov model to Life Insurance
• C Abstract Valuation
• D An Introduction to Arbitrage Free Pricing
• E An Introduction to Stochastic Integration
• F CERA Comparison.