Description: Abstract of paper entitled 'The Financial Crisis and Lessons for Insurers' published by the SOA. The paper analyzes the causes of the recent crisis, insurance companies’ exposure levels, and potential strategies to reduce the likelihood of future risks

Description: This paper proposes a more generalized Gerber-Shiu G-S function which contains both the G_S expected discounted penalty function and dividends paid up to ruin, as well as many others that have not been taken into consideration in the same systematic way, such as the insurer's accumulative utility, expected total discounted claim expenses, etc. The major result provides a unifying approach for all ruin-related quantities that fall in the category of the generalized GS function. From the Actuarial Research Clearing House, 2008, Vol. 1.

Description: This is an abstract article on the clustering method for analyzing and classsifying insurance policies by Yefu Kou. ARCH 2008, Issue 1.

Description: This is the abstract of a paper that complements the existing research on optimal reinsurance by proposing another model for the determination of the optimal reinsurance design.

Description: In many countries, insurers and banks are separately regulated. In some countries, banks and insurers are not allowed to be part of the same conglomerate and share capital. This raises questions about the efficient use of capital and return on equity to shareholders. This is the abstract of an empirical study that views economic capital from a solvency perspective with the focus on downside risk. The key question addressed is 'What efficiencies, if any, are gained by allowing banks and insurers of different types to merge and thus share capital.' We examine to what degree bank and insurer performances have been correlated historically, especially in the downside tail. This case study is based on Canadian banks, life insurers and property-casualty insurers.

Description: This abstract is for a paper that addresses the problem of optimal reinsurance design using the criterion of minimizing the Conditional Tail Expectation (CTE) risk measure of the insurer's total risk.

Description: This is the abstract for the research paper on a hierarchial model for micro-level stochastic loss.

Description: This is the abstract for the presentation on a multi-name structural credit risk model with a reduced-form default trigger.

Description: This is the abstract for the paper on optimal risk retention under reciprocal reinsurance with exponential utility functions.

Description: This is the abstract for the paper on the application of Esscher transform to the Regime Switching Model.