Academic literature on the topic 'Reinsures'

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Journal articles on the topic "Reinsures"

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Li, Luo. "Reconsidering the Reinsured’s Damages and Costs for Late Payment: A Comparative Analysis Between English and American Law." Business Law Review 43, Issue 6 (2022): 237–47. http://dx.doi.org/10.54648/bula2022035.

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The reinsured (original insurer) would face liability by section 13A of the Insurance Act 2015 in the UK and incur the costs or expenses of investigating and defending against the insured’s valid claims, where the reinsured withholds or delays paying insurance proceeds to the insured. The reinsurer generally would not be held liable for the unreinsured contractual liability and costs unless special requirements are met. The critical points for the reinsured to recover the reimbursement of damages and expenses from the reinsurer are to confirm the reinsurer’s actual participation or intention i
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Maharjan, Rajendra. "Test of Asymmetric Information in the Nepalese Reinsurance Market." International Research Journal of Management Science 6, no. 1 (2021): 74–91. http://dx.doi.org/10.3126/irjms.v6i1.42340.

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Background: The imperfect information can cause an imbalance of power which may lead to market failure thus collection of information is very essential in today’s business world therefore, the availability of the correct and accurate information is very crucial for making sound economic decisions. Thus, information asymmetry has been a very pertinent issue where economic transaction takes place insurance market is not far behind. As, reinsurance provides huge indirect capital to the insurance industry, providing correct information’s like premium earned, claim by the insurer to the reinsurer’s
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Fernhout, C. L. R., Frederik J. Mostert, and Jan Hendrik Mostert. "Reinsurance by short-term reinsurers in South Africa." Risk Governance and Control: Financial Markets and Institutions 6, no. 1 (2016): 35–42. http://dx.doi.org/10.22495/rgcv6i1art4.

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The short-term reinsurance process usually involves three parties, namely the insurer, the reinsurer and the original policyholder, as the insurer cedes a part of the covered risk of the policyholder to the reinsurer. This research however addresses the perceptions of reinsurers regarding their reinsurance activities, where the reinsurer sells reinsurance to other insurance entities (viz. insurers and reinsurers), as well as buys reinsurance from other insurance entities. The crux of short-term reinsurance is therefore mutually loss sharing between the various insurance entities. The objective
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Xiao, Helu, Tiantian Ren, Yanfei Bai, and Zhongbao Zhou. "Time-Consistent Investment-Reinsurance Strategies for the Insurer and the Reinsurer under the Generalized Mean-Variance Criteria." Mathematics 7, no. 9 (2019): 857. http://dx.doi.org/10.3390/math7090857.

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Most of the existing literature on optimal investment-reinsurance only studies from the perspective of insurers and also treats the investment-reinsurance decision as a continuous process. However, in practice, the benefits of reinsurers cannot be ignored, nor can decision-makers engage in continuous trading. Under the discrete-time framework, we first propose a multi-period investment-reinsurance optimization problem considering the joint interests of the insurer and the reinsurer, among which their performance is measured by two generalized mean-variance criteria. We derive the time-consiste
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Sidhu, Amarjit Singh, and Neha Verma. "Unveiling the Factors Affecting Profitability of Reinsurance Companies." Management and Labour Studies 42, no. 3 (2017): 190–204. http://dx.doi.org/10.1177/0258042x17720062.

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General Insurance Corporation or GIC Re is a quintessential reinsurer of India. The company is among the premier financial institutions of the country. It has been the only domestic reinsurer of India since many years. Recently from December 2016, with the approval of Insurance Regulatory and Development Authority (IRDA), many unassailable international reinsurers have made their foray into the Indian market. Besotted by the recent supple regulations of the Indian reinsurance market, many other international reinsurers are interested to carve a niche in the Indian market. As such it becomes im
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Eurico, David, Afifatul Ayu Astiani, I Kadek Darma Arnawa, Bagas Caesar Suherlan, and Utriweni. "Ambang Batas Reasuransi Non-Proporsional Menggunakan Tail Value-At-Risk (TVaR) dari Distribusi Peluang Campuran." Jurnal Statistika dan Aplikasinya 7, no. 2 (2023): 129–40. http://dx.doi.org/10.21009/jsa.07202.

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One of the tasks of banking institutions is to channel funds to the public through loan products. Banking institutions transfer the risk of non-performing loans to insurance companies and then partially reinsured to reinsurers. The purpose of this study is to determine the non-proportional reinsurance threshold based on the risk of loss of the 20% largest loan principal, using the Tail Value-at-Risk (TVaR) method. The threshold value will be estimated using a sample of 5,000 loans principal. The loan characteristics can be described by a Mixture Gamma Distribution consisting of components with
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Cai, Jun, Christiane Lemieux, and Fangda Liu. "OPTIMAL REINSURANCE FROM THE PERSPECTIVES OF BOTH AN INSURER AND A REINSURER." ASTIN Bulletin 46, no. 3 (2015): 815–49. http://dx.doi.org/10.1017/asb.2015.23.

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AbstractOptimal reinsurance from an insurer's point of view or from a reinsurer's point of view has been studied extensively in the literature. However, as two parties of a reinsurance contract, an insurer and a reinsurer have conflicting interests. An optimal form of reinsurance from one party's point of view may be not acceptable to the other party. In this paper, we study optimal reinsurance designs from the perspectives of both an insurer and a reinsurer and take into account both an insurer's aims and a reinsurer's goals in reinsurance contract designs. We develop optimal reinsurance cont
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Huang, Fei, and Honglin Yu. "Optimal reinsurance: a reinsurer’s perspective." Annals of Actuarial Science 12, no. 1 (2017): 147–84. http://dx.doi.org/10.1017/s1748499517000161.

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AbstractIn this paper, the optimal safety loading that the reinsurer should set in the reinsurance pricing is studied, which is novel in the literature. It is first assumed that the insurer will choose the form of the reinsurance contract by following the results derived in Cai et al. Different optimality criteria from the reinsurer’s perspective are then studied, such as maximising the expectation of the profit, maximising the utility of the profit and minimising the value-at-risk of the reinsurer’s total loss. By applying the concept of comonotonicity, the problem in which the reinsurer is f
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Petrović, Zdravko. "The contract of reinsurance and of life reinsurance in particular." Glasnik Advokatske komore Vojvodine 75, no. 9-10 (2003): 395–408. http://dx.doi.org/10.5937/gakv0312395p.

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The contract of reinsurance is a contract in which one party - the reinsurer undertakes to pay to the other party, the insurer, the entire amount or part of the amount that the latter paid or is supposed to pay to the insured, while the reinsured undertakes to pay the premium to the reinsurer. Life reinsurance is quite distinct from non-life reinsurance. The paper focuses on this distinction. As far as its legal nature is concerned reinsurance is a sui generis contract, binding on both parties, consensual aleatory, successive and informal. Since reinsurance is an international concept, the leg
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Rong, Xing, and Yunzhou Zhu. "Optimal Reinsurance Design for Pareto Optimum: From the Perspective of Multiple Reinsurers." Mathematical Problems in Engineering 2016 (2016): 1–10. http://dx.doi.org/10.1155/2016/1957016.

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This paper investigates optimal reinsurance strategies for an insurer which cedes the insured risk to multiple reinsurers. Assume that the insurer and every reinsurer apply the coherent risk measures. Then, we find out the necessary and sufficient conditions for the reinsurance market to achieve Pareto optimum; that is, every ceded-loss function and the retention function are in the form of “multiple layers reinsurance.”
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Dissertations / Theses on the topic "Reinsures"

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Parbhoo, Neesha. "The validity of credit rating agencies and their impact on an African reinsurer." Diss., University of Pretoria, 2015. http://hdl.handle.net/2263/52289.

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The purpose of this analysis is to determine whether the rating criteria used by the credit rating agencies is consistent for African-based reinsurers and non-African companies. A credit rating is an assessment of a large variety of information that needs to be known about the creditworthiness of the issuer or provider of financial instruments. The credit rating agencies thus contribute to solving principal-agent problems by assisting lenders in piercing the fog of asymmetric information that surrounds lending relationships and help borrowers emerge from that same fog (Fong, Hong, Kacperczy
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Centeno, Maria de Lourdes Caraças. "Some theorical aspects of combinations of quota-share and non-proportional reinsure treaties." Doctoral thesis, Heriot-Watt University, 1985. http://hdl.handle.net/10400.5/21218.

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Cogo, Federica Maria <1991&gt. "A VaR-based optimal reinsurance model: the perspective of both the insurer and the reinsurer." Master's Degree Thesis, Università Ca' Foscari Venezia, 2017. http://hdl.handle.net/10579/11746.

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In recent decades, reinsurance has often been addressed in economic research. The main objective was to determine the optimal form and level of reinsurance, under either the perspective of the cedant or of the reinsurer. A major role was played by Cai and Tan (2007), who determined the level of retention, in a stop-loss reinsurance, that minimizes the Value at Risk (VaR) of the total exposure of the cedant: in this sense, it is optimal. The aim of this thesis is to further investigate the aforementioned results. After an introductive analysis of the VaR-based optimal reinsurance model, the s
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Чикало, Я. Б. "Моделювання процесу перестрахування на основі когнітивних карт". Master's thesis, Сумський державний університет, 2019. http://essuir.sumdu.edu.ua/handle/123456789/75966.

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У роботі досліджено сутність процесу активного перестрахування страхових компаній України. Основною метою дослідження у дипломній роботі є побудова моделі активного перестрахування на основі когнітивних карт.<br>The master’s thesis focuses on the essence of active reinsurance of insurance companies in Ukraine. The main aim of this research is to develop a model for active reinsurance based on cognitive maps.
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Deperon, Valter. "Tributação de resseguros no Brasil: discussão dos efeitos práticos após a solução de consulta n. 62/2017." reponame:Repositório Institucional do FGV, 2018. http://hdl.handle.net/10438/22067.

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Submitted by Valter Deperon (vdeperon@gmail.com) on 2018-04-26T00:45:07Z No. of bitstreams: 1 Valter Deperon_Dissertacao Abril2018_versaofinal250418.pdf: 457197 bytes, checksum: 9d22b722941ef7a64a699e95eb5bc378 (MD5)<br>Rejected by Thais Oliveira (thais.oliveira@fgv.br), reason: Valter, boa tarde! Tivemos de rejeitar a Tese novamente, pois a data da aprovação está preenchida, deve estar em branco. e também deve conter o "Campo de Conhecimento" (este deve esta preenchido) acima da Data da Aprovação. Por gentileza, alterar e submeter novamente. Obrigada. Qualquer dúvida, entre em
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Шелест, К. К. "Розвиток ринку страхування життя в Україні". Thesis, Чернігів, 2021. http://ir.stu.cn.ua/123456789/25054.

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Шелест, К. К. Розвиток ринку страхування життя в Україні : випускна кваліфікаційна робота : 072 "Фінанси, банківська справа та страхування" / К. К. Шелест ; керівник роботи О. О. Тарасенко ; НУ "Чернігівська політехніка", кафедра фінансів, банківської справи та страхування. – Чернігів, 2021. – 83 с.<br>Предметом дослідження КР є механізм функціонування ринку страхування життя щодо забезпечення його високоефективного розвитку. Об’єктом дослідження виступають економічні відносини, що виникають в процесі функціонування ринку страхування життя в умовах трансформації економічних відносин. Мета ква
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Nogueira, Julia de Menezes. "Tributação do seguro, do resseguro e dos planos de previdência privada, das seguradoras, resseguradoras e entidades de previdência complementar, sob a óptica do constructivismológico-semântico." Pontifícia Universidade Católica de São Paulo, 2014. https://tede2.pucsp.br/handle/handle/6484.

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Made available in DSpace on 2016-04-26T20:22:58Z (GMT). No. of bitstreams: 1 Julia de Menezes Nogueira.pdf: 1724982 bytes, checksum: f16458f87287a0130bcd9bbe73ead4ed (MD5) Previous issue date: 2014-08-04<br>The goal of this thesis is to analyze, from the perspective of Logical-Semantic Constructivism, all the tax norms incident on insurance, reinsurance and pension plans. We also went through the tax rules applicable to revenues and profits (or surplus) of the entities that are necessary parties to those contracts: insurers, reinsurers, open and closed private pension entities. The analysis
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Ngwenya, Moreblessing. "Assessment of enterprise risk management maturity levels of the insurance industry in Botswana." Thesis, 2017. http://hdl.handle.net/10500/23842.

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The primary objective of this study was to develop an Enterprise Risk Management Maturity Framework (ERMMF) for use in the assessment of Enterprise Risk Management (ERM) maturity levels of the insurance industry in Botswana. The ERMMF incorporated elements from the Committee of Sponsoring Organisations of the Treadway Commission (COSO)’s ERM framework and the AON risk maturity model. Five criteria were utilised to define each of the eight components of ERM used to measure ERM maturity levels. The framework was developed qualitatively through literature review. The ERMMF was tested empirically
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Books on the topic "Reinsures"

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Insurance, Massachusetts Division of. Analysis of the Commonwealth Automobile Reinsurers. Tillinghast-Towers Perrin, 2004.

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Insurance, Massachusetts Division of. Amendments to the rules of operation of the Commonwealth Automobile Reinsurers. Commonwealth of Massachusetts, Office of Consumer Affairs and Business Regulation, Division of Insurance, 2007.

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Froot, Kenneth. Risk management, capital budgeting and capital structure policy for insurers and reinsurers. National Bureau of Economic Research, 2003.

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Froot, Kenneth. Risk management, capital budgeting and capital structure policy for insurers and reinsurers. National Bureau of Economic Research, 2003.

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Insurance, Massachusetts Division of. CAR reform: Shaping the residual market for the 1990's : a report prepared in accordance with Section 66 of Chapter 273 of the Acts of 1988. Massachusetts Division of Insurance, 1989.

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United States. Congress. House. Committee on Government Operations. Federal government payments to reinsurers under FEGLIA: The $850,000 annual giveaway : forty-ninth report. U.S. G.P.O., 1988.

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United States. General Accounting Office, ed. Crop insurance: FCIC needs to improve its oversight of reinsured companies : report to congressional requesters. The Office, 1988.

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United States. General Accounting Office., ed. Crop insurance: FCIC needs to improve its oversight of reinsured companies : report to congressional requesters. The Office, 1988.

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Federal Crop Insurance Corporation. Underwriting Division., ed. 1995 crop insurance handbook (CIH): Underwriting and actual production history (APH) standards for Federal Crop Insurance Corporation employees and reinsured companies. U.S. Dept. of Agriculture, Federal Crop Insurance Corporation, Underwriting Division, 1995.

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United States. Congress. House. Committee on Government Operations. Employment and Housing Subcommittee. Federal government payments to reinsurers under FEGLIA: The $850,000 question : hearing before a subcommittee of the Committee on Government Operations, House of Representatives, One Hundredth Congress, second session, April 27, 1988. U.S. G.P.O., 1988.

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Book chapters on the topic "Reinsures"

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Jenkins, Vaughan. "Reinsurers Need Backward Innovation." In The InsurTech Book. John Wiley & Sons, Ltd, 2018. http://dx.doi.org/10.1002/9781119444565.ch42.

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Schwepcke, Andreas, and Alexandra Vetter. "Accounting of Reinsurance Contracts and Reinsurers’ Internal Statistics." In Handbook of Reinsurance Practice. VVW, 2022. http://dx.doi.org/10.33283/978-3-86298-614-9_8.

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Singh, Raj. "Toward a Global Approach to Regulating Insurers and Reinsurers." In Global Perspectives on Insurance Today. Palgrave Macmillan US, 2010. http://dx.doi.org/10.1057/9780230117372_7.

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Chen, Christopher. "Corporate Governance Standards for Insurers in Singapore." In AIDA Europe Research Series on Insurance Law and Regulation. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-85817-9_6.

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AbstractThis chapter examines the corporate governance regime for insurers in Singapore. Singapore aims to be a global hub for insurance and reinsurance in the Asia Pacific region, and as an international financial centre it currently hosts a mixture of local and international insurers and reinsurers serving different market sectors. However, the domestic insurance market is small, and insurers registered in Singapore come from many countries and provide products and services to many businesses and individuals outside the city-state. This presents challenges to the sole financial regulator, th
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Kopper, Christopher. "The Munich Re: an internationally-oriented reinsurer in the Nazi era." In Between Coercion and Private Initiative. Routledge, 2022. http://dx.doi.org/10.4324/9781003321040-3.

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DeTore, Arthur W., and Jennifer M. Balliet-Milholland. "Transforming Theory into Fact: Hands-On Knowledge Management Initiatives Built on a Reinsurer’s Pile of Junk." In Handbook on Knowledge Management. Springer Berlin Heidelberg, 2003. http://dx.doi.org/10.1007/978-3-540-24748-7_25.

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Colin, Edelman, and Burns Andrew. "5 Rights of the Reinsurer." In The Law of Reinsurance. Oxford University Press, 2021. http://dx.doi.org/10.1093/law/9780198870937.003.0005.

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This chapter details the rights of the reinsurer, one of which is the payment of premium. The premium is the consideration for the contract which proceeds from the reinsured to the reinsurer in return for coverage according to the policy terms. A reinsurer has the right to treat the contract of reinsurance as discharged upon non-payment of the premium if the contract contains an express right to cancel for non-payment of premium. In the absence of such an express clause, cancellation may be justified if it is an implied condition of the contract that the premium would be paid in advance or on
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Colin, Edelman, and Burns Andrew. "6 Denying Liability." In The Law of Reinsurance. Oxford University Press, 2021. http://dx.doi.org/10.1093/law/9780198870937.003.0006.

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This chapter focuses on the duty of fair presentation and the duty of utmost good faith. Before any reinsurance contract is concluded, the reinsured has to make a fair presentation of the risk to the reinsurer. A reinsured must disclose every material circumstance which the reinsured knows or ought to know or, at least, circumstances which would put a prudent reinsurer on notice that it needs to make further enquiries. That disclosure must be in a manner which would be reasonably clear and accessible to a prudent underwriter. A failure to give a fair presentation, if established, may entitle t
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Colin, Edelman, and Burns Andrew. "4 Obligations of the Reinsurer." In The Law of Reinsurance. Oxford University Press, 2021. http://dx.doi.org/10.1093/law/9780198870937.003.0004.

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This chapter evaluates the obligations of the reinsurer. A reinsurer is obliged to indemnify its reinsured where a loss falls within the cover of the policy reinsured and within the cover created by the reinsurance. In the absence of any express provision in the reinsurance policy to the contrary, the burden of proof is on the reinsured to prove that the underlying insured’s loss fell as a matter of law within the risks covered and that it was as a matter of fact liable to the underlying insured in respect of that loss. A reinsurer is not obliged to pay its reinsured more than the reinsured ha
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Sloan, Frank A., Randall R. Bovbjerg, and Penny B. Githens. "Reinsurance." In Insuring Medical Mal practice. Oxford University PressNew York, NY, 1991. http://dx.doi.org/10.1093/oso/9780195069594.003.0005.

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Abstract Reinsurance is a way that insurers themselves share risk with another in urer. One insurer, the ceding company, transfers responsibility for some or all of the liability assumed under the policies it selb to the reinsurer, along with a share of the premium. Reinsurance generally involves a contract between a primary insurer that sells insur¬ ance to the public and a reinsurer; with very few exceptions, the rcinsurer has no contractual obligations to the public. (Hence reinsurers are seldom regulated; see Chapter 3.) The rcinsurcr, in tum, frequently rcinsurcs some of the loss expo urc
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Conference papers on the topic "Reinsures"

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Glintić, Mirjana. "Uticaj reosiguranja na prestacije osiguravača u primarnom ugovoru o osiguranju." In Prouzrokovanje štete, naknada štete i osiguranje. Institut za uporedno pravo, Udruženje za odštetno pravo, Pravosudna akademija, 2023. http://dx.doi.org/10.56461/zr_23.ons.30.

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Based on the proven insurer’s impact on actions and behavior of the insured, the author analyses whether the reinsurer has an impact on the reinsured that can, at least to a certain extent, determine and regulate reinsured’s behavior. Due to a fact that reinsurance contract is not legally regulated, examing this subject represents a certain challenge. Therefore, the central part of the work is devoted to the analysis of the main characteristics of the reinsurance contract, as well as the principles governing its content. The results of the conducted research indicate that, on account of princi
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Kocúrek, Martin. "A Review of Selected Equity and Credit Investment Strategies of Reinsurer." In EDAMBA 2023: 26th International Scientific Conference for Doctoral Students and Post-Doctoral Scholars. University of Economics in Bratislava, 2024. http://dx.doi.org/10.53465/edamba.2023.9788022551274.104-115.

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This paper analyses specific type of investor on financial markets – a reinsurance company and its value-creating process, with focus on its investment activities. A special attention is focused on reinsurer’s idiosyncratic investor’s profile due to core business activities, i.e. underwriting. This makes its investment profile and objectives different to other market participants. We modelled and analysed reinsurer’s three main investment strategies based on underlying asset classes of particular portfolios. Each of these portfolios is comprising of three sub-portfolios which are managed by di
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Janković, Svetislav. "UNJUSTIFIABLE COMPLIANCE OF THE LEGAL REGIME OF TRANSPORT INSURANCE WITH THE LEGAL REGIME OF CARRIAGE OF GOODS." In International scientific conference challenges and open issues of service law. Vol. 2. University of Kragujevac, Faculty of law, 2024. http://dx.doi.org/10.46793/xxmajsko2.117j.

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The author presents a hypothesis of unjustifiable compliance of the legal regime of transport insurance with the legal regime of carriage of goods and tries to explain, prove, and confirm it. Aforementioned compliance relies on the imitation of the legal position of common carrier by the insurer in the case of damage in transported goods. The basic tendency of the insurer is to escape from his duty to perform the contract or to limit the sum which he has to pay to insured party. This tendency is motivated with the logic of compliance of transport insurance with the carriage of goods and partic
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Schro¨der, N., G. Drensky, and S. Florjancic. "Alstom Post-Development of GT24 and GT26 Hot Gas Turbine Parts Reconditioning." In ASME Turbo Expo 2009: Power for Land, Sea, and Air. ASMEDC, 2009. http://dx.doi.org/10.1115/gt2009-59233.

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Reconditioning of hot gas turbine parts is driven mainly by lifetime and performance requirements. Commonly, the first approach in reconditioning is to achieve an exact reproduction of a new manufactured part, by following new part specifications. However, this may prove to be too costly and unnecessary. The unique OEM experience, allows ALSTOM to widen these specifications in order to optimize repair costs, improve throughput time and possibly reduce parts scrap rate without sacrificing lifetime and performance. This post-development is based on MI calculations re-calibrated and reinsured by
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Reports on the topic "Reinsures"

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Froot, Kenneth. Risk Management, Capital Budgeting and Capital Structure Policy for Insurers and Reinsurers. National Bureau of Economic Research, 2003. http://dx.doi.org/10.3386/w10184.

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