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Regulation and Ruin Theory

Author

Listed:
  • Guillaume Plantin

    (London Business School, Tepper School of Business - CMU - Carnegie Mellon University [Pittsburgh])

  • Jean-Charles Rochet

    (UZH - Universität Zürich [Zürich] = University of Zurich)

Abstract

The standard theoretical approach underlying insurance regulation originates in actuarial methods and, more specifically, in ruin theory. It's important to outline this theory, and then to discuss its limits, because it's the one that most insurance practitioners or regulators have in mind when thinking about insurance regulation, partly, of course, because a number of them have been trained as actuaries.

Suggested Citation

  • Guillaume Plantin & Jean-Charles Rochet, 2007. "Regulation and Ruin Theory," Post-Print hal-03461958, HAL.
  • Handle: RePEc:hal:journl:hal-03461958
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03461958
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