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Concurrent Simulation to Explain Reinsurance Market Price Dynamics
Concurrent Simulation to Explain Reinsurance Market Price Dynamics This article discussed modeling ... can be assessed. F References Farmer, J. D., and S. Joshi. 2002. The Price Dynamics of Common Trading ...Description: This article discussed modeling the P&C reinsurance market using an Agent Based Model to provide insights into the market. The characteristics of this marketplace provide credibility to this type of modeling. Specifically, the P&C reinsurance market has few major players, very little product differentiation, and low barriers to entry. In addition established competitors are volume-constrained due to prior business and capacity decisions made based on estimated product costs and prices.
Hide- Authors: Donald F Mango, Jens Alkemper
- Date: Nov 2005
- Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Modeling & Statistical Methods; Reinsurance
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Interview with Jennie McGinnis
Interview with Jennie McGinnis Jennie McGinnis, FSA, MAAA, CERA, SVP at Swiss Re, discusses her ... ment, as a project manager and as the lead for the U.S. valuation modeling team. This was all before I ...Description: Jennie McGinnis, FSA, MAAA, CERA, SVP at Swiss Re, discusses her career in Reinsurance and her involvement in the Society of Actuaries.
Hide- Authors: Mitchell Tamashunas
- Date: Nov 2018
- Competency: Strategic Insight and Integration>Influence decisions
- Publication Name: Actuary of the Future
- Topics: Reinsurance