Insurance exposure and investment risks: Management and regulatory implications
By exposing itself to greater risks on invested funds the company can also increase its expected returns. Because there are risks involved with both the insurance and investment operations, a major problem for an insurance company is to determine just how the two types of risks are to be balanced. In an earlier paper the authors dealt with the relationships among growth in premiums written, insurance loss and investment return. In this paper the questions are revisited from a policyholder and regulatory point of view, and suggestions are made concerning the reaction of the firm under various postures the management may take towards risk.
Volume (Year): 5 (1977)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/375/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
When requesting a correction, please mention this item's handle: RePEc:eee:jomega:v:5:y:1977:i:1:p:23-34. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.