Recent Research Developments Affecting Nonlife Insurance—The CAS Risk Premium Project 2014 Update
Journal
Risk management and insurance review
ISSN
1098-1616
ISSN-Digital
1540-6296
Type
journal article
Date Issued
2017
Author(s)
Abstract
This article discusses the main results of the Casualty Actuarial Society Risk Premium Project 2014 update. It reviews the recent research developments in the process of nonlife risk assessment. Of special note, systemic risk continuously attracts a great deal of attention. In the past year, reinsurance studies have increased significantly, driven by progress in optimal reinsurance design and reinsurance asymmetric information. Both topics show the academic reflection of financial crisis in the field of risk and insurance. The evaluation of reserves and the methods mitigating asymmetric information have also received a great deal of attention.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Wiley-Blackwell
Publisher place
Malden, Mass.
Volume
20
Number
1
Start page
63
End page
77
Subject(s)
Division(s)
Eprints ID
254640