000 03104nam a22004335i 4500
001 978-1-4471-5568-3
003 DE-He213
005 20140220082456.0
007 cr nn 008mamaa
008 131121s2014 xxk| s |||| 0|eng d
020 _a9781447155683
_9978-1-4471-5568-3
024 7 _a10.1007/978-1-4471-5568-3
_2doi
050 4 _aHG8779-8793
072 7 _aKFFN
_2bicssc
072 7 _aBUS033000
_2bisacsh
082 0 4 _a368.01
_223
100 1 _aDeelstra, Griselda.
_eauthor.
245 1 0 _aRisk Theory and Reinsurance
_h[electronic resource] /
_cby Griselda Deelstra, Guillaume Plantin.
264 1 _aLondon :
_bSpringer London :
_bImprint: Springer,
_c2014.
300 _aVIII, 78 p. 3 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aEAA Series,
_x1869-6929
505 0 _aElements of Risk Theory -- Reinsurance Market Practices -- Optimal Reinsurance.
520 _aReinsurance is an important production factor of non-life insurance. The efficiency and the capacity of the reinsurance market directly regulate those of insurance markets. The purpose of this book is to provide a concise introduction to risk theory, as well as to its main application procedures to reinsurance.  The first part of the book covers risk theory. It presents the most prevalent model of ruin theory, as well as a discussion on insurance premium calculation principles and the mathematical tools that enable portfolios to be ordered according to their risk levels.  The second part describes the institutional context of reinsurance. It first strives to clarify the legal nature of reinsurance transactions. It describes the structure of the reinsurance market and then the different legal and technical features of reinsurance contracts, known as reinsurance ‘treaties’ by practitioners.   The third part creates a link between the theories presented in the first part and the practice described in the second one. Indeed, it sets out, mostly through examples, some methods for pricing and optimizing reinsurance. The authors' aim is to apply the formalism presented in the first part to the institutional framework given in the second part. It is reassuring to find such a relationship between approaches, seemingly abstract, and solutions adopted by practitioners.  Risk Theory and Reinsurance is mainly aimed at graduate students in actuarial science but will also be useful for practitioners wishing to revive their knowledge of risk theory or to quickly learn about the main mechanisms of reinsurance.
650 0 _aMathematics.
650 1 4 _aMathematics.
650 2 4 _aActuarial Sciences.
700 1 _aPlantin, Guillaume.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9781447155676
830 0 _aEAA Series,
_x1869-6929
856 4 0 _uhttp://dx.doi.org/10.1007/978-1-4471-5568-3
912 _aZDB-2-SMA
999 _c91909
_d91909