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Pricing insurance drawdown-type contracts with underlying Lévy assets

Publication date: Available online 26 December 2017 Source:Insurance: Mathematics and Economics Author(s): Zbigniew Palmowski, Joanna Tumilewicz In this paper we consider some insurance policies...

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Weighted risk capital allocations in the presence of systematic risk

Publication date: Available online 28 December 2017 Source:Insurance: Mathematics and Economics Author(s): Edward Furman, Alexey Kuznetsov, Ričardas Zitikis Determining aggregate risk capital is a...

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The choice of trigger in an insurance linked security: The mortality risk case

Publication date: Available online 4 October 2017 Source:Insurance: Mathematics and Economics Author(s): Richard MacMinn, Andreas Richter In 2003, Swiss Re introduced a mortality-based security...

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A time of ruin constrained optimal dividend problem for spectrally one-sided...

Publication date: Available online 1 January 2018 Source:Insurance: Mathematics and Economics Author(s): Camilo Hernández, Mauricio Junca, Harold Moreno-Franco We introduce a longevity feature to the...

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Unisex pricing of German participating life annuities—Boon or bane for...

Publication date: Available online 4 October 2017 Source:Insurance: Mathematics and Economics Author(s): Sandy Bruszas, Barbara Kaschützke, Raimond Maurer, Ivonne Siegelin This paper explores how the...

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Optimal surrender of guaranteed minimum maturity benefits under stochastic...

Publication date: Available online 4 January 2018 Source:Insurance: Mathematics and Economics Author(s): Boda Kang, Jonathan Ziveyi In this paper we analyse how the policyholder surrender behaviour is...

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Using fuzzy logic to interpret dependent risks

Publication date: Available online 10 January 2018 Source:Insurance: Mathematics and Economics Author(s): Sibel Acik Kemaloglu, Arnold F. Shapiro, Fatih Tank, Aysen Apaydin One reason why an...

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Life insurance settlement and the monopolistic insurance market

Publication date: Available online 10 January 2018 Source:Insurance: Mathematics and Economics Author(s): Jimin Hong, S. Hun Seog We analyze the effects of life insurance settlement on insurance...

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An approximation method for risk aggregations and capital allocation rules...

Publication date: Available online 10 January 2018 Source:Insurance: Mathematics and Economics Author(s): Ming Zhou, Jan Dhaene, Jing Yao This paper proposes the use of convex lower bounds as...

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Stochastic distortion and its transformed copula

Publication date: Available online 16 January 2018 Source:Insurance: Mathematics and Economics Author(s): Feng Lin, Liang Peng, Jiehua Xie, Jingping Yang Motivated by wide applications of distortion...

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Optimal investment management for a defined contribution pension fund under...

Publication date: Available online 1 February 2018 Source:Insurance: Mathematics and Economics Author(s): Ling Zhang, Hao Zhang, Haixiang Yao This paper investigates an optimal multi-period investment...

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Optimal investment under VaR-Regulation and Minimum Insurance

Publication date: Available online 1 February 2018 Source:Insurance: Mathematics and Economics Author(s): An Chen, Thai Nguyen, Mitja Stadje We look at an optimal investment problem of a financial...

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De-risking strategy: Longevity spread buy-in

Publication date: March 2018 Source:Insurance: Mathematics and Economics, Volume 79 Author(s): Valeria D’Amato, Emilia Di Lorenzo, Steven Haberman, Pretty Sagoo, Marilena Sibillo The paper proposes a...

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Robust evaluation of SCR for participating life insurances under Solvency II

Publication date: March 2018 Source:Insurance: Mathematics and Economics, Volume 79 Author(s): Donatien Hainaut, Pierre Devolder, Antoon Pelsser This article proposes a robust framework to evaluate...

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On the evaluation of some multivariate compound distributions with Sarmanov’s...

Publication date: Available online 2 February 2018 Source:Insurance: Mathematics and Economics Author(s): Raluca Vernic In this paper, we consider Sarmanov’s multivariate discrete distribution as...

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Annuitization and asset allocation under exponential utility

Publication date: March 2018 Source:Insurance: Mathematics and Economics, Volume 79 Author(s): Xiaoqing Liang, Virginia R. Young We find the optimal investment, consumption, and annuitization...

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Modeling trend processes in parametric mortality models

Publication date: January 2018 Source:Insurance: Mathematics and Economics, Volume 78 Author(s): Matthias Börger, Johannes Schupp Parametric mortality models like those of Lee and Carter (1992),...

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Identifiability, cointegration and the gravity model

Publication date: January 2018 Source:Insurance: Mathematics and Economics, Volume 78 Author(s): Andrew Hunt, David Blake The gravity model of Dowd et al. (2011) was introduced in order to achieve...

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Mortality models and longevity risk for small populations

Publication date: January 2018 Source:Insurance: Mathematics and Economics, Volume 78 Author(s): Hsin-Chung Wang, Ching-Syang Jack Yue, Chen-Tai Chong Prolonging life expectancy and improving...

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The double-gap life expectancy forecasting model

Publication date: January 2018 Source:Insurance: Mathematics and Economics, Volume 78 Author(s): Marius D. Pascariu, Vladimir Canudas-Romo, James W. Vaupel Life expectancy is highly correlated over...

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