Journal of Risk Finance: Volume 14 Issue 3

Assessing the model risk with respect to the interest rate term structure under Solvency II

Michael Martin

Interest rate risk, i.e. the risk of changes in the interest rate term structure, is of high relevance in insurers' risk management. Due to large capital investments in interest…

Modeling parameter risk in premium risk in multi‐year internal models

Dorothea Diers, Martin Eling, Marc Linde

The purpose of this paper is to illustrate the importance of modeling parameter risk in premium risk, especially when data are scarce and a multi‐year projection horizon is…

Earthquake insurance for Greece: comparative analysis and pricing issues

Aglaia Petseti, Milton Nektarios

The present article serves two main goals. First, the proposed scheme for Greece is being involved in a benchmarking analysis. Second, an expansion of previous quantitative models…

Modeling the effect of CEO power on efficiency: Evidence from the European non‐life insurance market

Walid Bahloul, Nizar Hachicha, Abdelfettah Bouri

Many factors like CEO (“the chief executive officer”) decision can influence efficiency and productivity in insurance firms. This paper seeks to address this issue.

The financial performance of life insurance companies in Ghana

Joseph Oscar Akotey, Frank G. Sackey, Lordina Amoah, Richard Frimpong Manso

The aim of this research is to assess the financial performance of the life insurance industry of an emerging economy. In particular the study delves into the major determinants…

A study on factors influencing claims in general insurance business in India

T. Joji Rao, Krishan K. Pandey

The fact that complaints regarding general insurance claims are three times as numerous as those of life insurance claims suggests that claims behaviour of general insurers be…