Search results for "Insurance with guarantee"

showing 2 items of 2 documents

Insurance league: Italy vs. U.K

2003

Insurers are competing by adopting product innovations that provide the insured with integrated coverage for actuarial and financial risks. This article compares the contract structures of blended life policies between the insurance markets in Italy and the United Kingdom within the context of asset-liability management and welfare analysis. © Emerald Backfiles 2007.

Actuarial scienceInsurance policyInsurance lawEconomicsAuto insurance risk selectionCasualty insuranceLiability insuranceInsurance with guarantee stochastic programming scenario simulationGeneral insuranceIncome protection insuranceBond insuranceFinance
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The value of integrative risk management for insurance products with guarantees

2001

Insurance liabilities are converging with capital markets products (e.g. derivatives and securitizations), thereby increasing the demand for integrated asset and liability management strategies. This article compares the value-added by an integrative approach-based on scenario optimization modelling-relative to traditional risk management methods. The authors present some examples of products offered by the insurance industry in Italy, and apply the results of the analysis to the design of competitive insurance policies. © Emerald Backfiles 2007.

Actuarial sciencebusiness.industryDownside riskAsset allocationAsset and liability managementInsurance with guarantee portfolio management stochastic programmingKey person insuranceInsurance policyEconomicsRisk poolProject portfolio managementbusinessFinanceRisk management
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