Hostname: page-component-586b7cd67f-g8jcs Total loading time: 0 Render date: 2024-11-24T23:41:38.581Z Has data issue: false hasContentIssue false
  • English
  • Français

Optimal Reinsurance

Published online by Cambridge University Press:  19 October 2009

Steven A. Lippman
Get access Rights & Permissions [Opens in a new window]

Extract

Most insurance companies are involved in reinsurance activities. For the majority, reinsurance means laying-off portions of the risk that they have assumed in the primary insurance market. A few other companies assume these laid-off risks. Our concern is with the former companies; that is, those seeking to cede a portion of their risk.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 7 , Issue 5 , December 1972 , pp. 2151 - 2155
Copyright
Copyright © School of Business Administration, University of Washington 1972

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

[1]Hanoch, G., and Levy, C.. “Efficiency Analysis of Choices Involving Risk.” Review of Economic Studies, vol. 36 (1969), pp. 335–346.Google Scholar
[2]Lippman, S.A. “Optimal Reinsurance.” Discussion Paper No. 13, Western Management Science Institute, University of California, Los Angeles, September 1971, p. 9.Google Scholar
[3]Rothschild, M., and Stiglitz, J.E.. “Increasing Risk I: A Definition.” Journal of Economic Theory, vol. 2 (1970), pp. 225–243.CrossRefGoogle Scholar