Recent Research Developments Affecting Nonlife Insurance : The CAS Risk Premium Project 2013 Update
Journal
Risk Management and Insurance Review
ISSN
1098-1616
ISSN-Digital
1540-6296
Type
journal article
Date Issued
2015
Author(s)
Abstract
This article reports the main results of the 2013 Risk Premium Project update, a yearly review of actuarial and finance literature on the theory and empirics of risk assessment for property-casualty insurance. The literature review reveals a broad variety of topics, with a strong leaning toward catastrophe risk, market efficiency, and new valuation techniques. Within the field of catastrophe risk, the role of weather and climate-related risks for the insurance sector is reviewed and both the threats and the opportunities arising from the changing risk landscape are discussed.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Wiley-Blackwell
Publisher place
Malden, Mass.
Volume
18
Number
1
Start page
129
End page
141
Pages
13
Subject(s)
Division(s)
Eprints ID
236262