Economics at your fingertips  

How Much Reinsurance Do You Really Need? A Case Study

Peter Boller, Michel Dacorogna and Hubert Niggli
Additional contact information
Peter Boller: Converium
Hubert Niggli: Converium

Risk and Insurance from University Library of Munich, Germany

Abstract: Today’s reinsurance manager has to balance many diverging interests. Most prominent among these are the risk-return objectives of the company owners and the security requirements of the policyholders. Performance measurement issues and the sheer number of available reinsurance and capital market solutions further complicate the decision-making process. Given the complexity of the problem, it has been our experience that a quantitative approach can help in understanding the risks and the cost of financing them. This leads to more informed decisions. In this article, we guide the reader through the steps of restructuring an existing traditional reinsurance program using quantitative models of the risks. This is done by means of a case study in which concrete insurance lines are analyzed in a sample portfolio.

Keywords: reinsurance; alternative risk transfer; asset liability management; dynamic financial analysis (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2003-06-18
New Economics Papers: this item is included in nep-cfn, nep-cmp, nep-ias and nep-rmg
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on HP A4; pages: 22 ; figures: included
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Risk and Insurance from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().

Page updated 2023-11-08
Handle: RePEc:wpa:wuwpri:0306001