Techniques Used for Risk Measuring in the Insurance Field. Risk Management

Botea Elena Mihaela (), Sahlian Daniela Nicoleta () and Stanila Oana Georgiana ()
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Botea Elena Mihaela: Academy of Economic Studies, Bucharest
Sahlian Daniela Nicoleta: Academy of Economic Studies, Bucharest
Stanila Oana Georgiana: Academy of Economic Studies, Bucharest

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 236-241

Abstract: The insurance companies that concentrate a large amount of funds that they seek to invest on the financial market in the most cost effective manner. That is why, in order to face the competition and achieve their goals, the insurer must take into account the interdependency between the activity of subscribing and investment. Today, the financial managers play a crucial role in every company; they have to provide good financial principles knowledge and also the latest innovations in the field. Due to the unique financial structure asset, the financial department has a critical role in an insurance company.

Keywords: risks management; scenarios; simulation; updated cash flows; sensitivity analysis (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:236-241

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