Recent Research Developments Affecting Nonlife Insurance : The CAS Risk Premium Project 2012 Update
Journal
Risk Management and Insurance Review
ISSN
1098-1616
ISSN-Digital
1540-6296
Type
journal article
Date Issued
2013-11
Author(s)
Abstract
This article reports the main results of the 2012 Risk Premium Project update, a yearly review of actuarial and finance literature on the theory and empirics of risk assessment for property-casualty insurance. Pricing and modeling insurance risks and methodological advancement in risk valuation were popular fields of research in 2012. Of special note is new work on behavioral pricing and liquidity. Additionally, underwriting cycles attracted some controversy, and emerging risks, such as systemic risk and potential interrelations between insurance and other financial markets, were also areas of intense discussion.
Funding(s)
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Wiley-Blackwell
Publisher place
Malden, Mass.
Volume
16
Number
2
Start page
219
End page
231
Pages
13
Subject(s)
Division(s)
Eprints ID
227139