Risk and Capital Management in Insurance Companies

Nikolaus von Bomhard ()
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Nikolaus von Bomhard: Munich Re, Königinstrasse 107, München 80802, Germany.

The Geneva Papers on Risk and Insurance - Issues and Practice, 2005, vol. 30, issue 1, 52-59

Abstract: This article is reasoning why risk and capital management in insurance companies malfunctioned partially during the recent capital market crises and what measures insurers and regulators have to adopt to ameliorate thoroughly their control and steering systems. Comparisons to finance and banking are made throughout the article, because they are Instructive and rich in contrast. The Geneva Papers (2005) 30, 52–59. doi:10.1057/palgrave.gpp.2510008

Date: 2005
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