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Financial Economics of Insurance
Table of Contents: “…Reinsurance -- 5.1 Risk of Shadow Insurance -- 5.1.1 Relation between Ratings and Shadow Insurance -- 5.1.2 Estimating Risk -- 5.1.3 Estimating Expected Loss -- 5.2 A Model of Insurance Pricing and Reinsurance -- 5.2.1 Insurance Holding Company -- 5.2.2 Balance Sheet Dynamics -- 5.2.3 Financial Frictions -- 5.2.4 Optimal Pricing and Reinsurance…”
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