Description: This paper discusses the numerical stability of Panjer's recursion in computing aggregate claims distributions. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This report examines the subprime mortgage crisis and related financial consequences from the perspective of the insurance company.

Description: In this paper, the authors take an axiomatic approach to characterize insurance prices in a competitive market setting. Four axioms are presented to describe the behavior of market insurance prices. From these axioms it follows that the price of an insurance risk has a Choquet integral representation with respect to a distorted probability.

Description: This research report, part of the Society of Actuaries [SOA} ‘Research Projects – Finance/Investment,’ is sponsored by the Casualty Actuarial Society [CAS], Canadian Institute of Actuaries [CIA], and the Society of Actuaries [SOA] Joint Risk Management Section Research Team and the SOA's Committee on Finance Research. This paper examines the subprime mortgage crises and related financial consequences from the perspective of the insurance industry.

Description: This research report analyzes the risk associated with the use of models through the potential for model error.

Description: This research paper studies catastrophe insurance pools covering losses caused by extreme weather events.

Description: This is the abstract of the paper entitled 'Stable Evaluations of Mixed Poisson Probabilities' by Shaun Wang. From ACTUARIAL RESEARCH CLEARING HOUSE, 1994 VOL. 1.

Description: This research report analyzes the risk associated with the use of models through the potential for model error.