Feasibility of Long-Term Interest Balance among Stakeholders in the Natural Catastrophe Insurance Market
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Tag | 1 | 2 | Value |
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LDR | 00000cab a2200000 4500 | ||
001 | MAP20210024368 | ||
003 | MAP | ||
005 | 20210726145552.0 | ||
008 | 210726e20210106esp|||p |0|||b|spa d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a328.1 | ||
100 | $0MAPA20210030086$aZhang, Ning | ||
245 | 1 | 0 | $aFeasibility of Long-Term Interest Balance among Stakeholders in the Natural Catastrophe Insurance Market$cNing Zhang, Yang-Che Wu, Wan-Shiou Yang |
520 | $aThis study establishes a stakeholder framework in the natural catastrophe insurance market: Insurers charge policyholders the full insurance premium and pay the public catastrophe insurance scheme (PCIS) contributions for the contingent bailout. The government subsidizes policyholders and taxes insurers. Then a series of accounting procedures is developed to illustrate how the stakeholders' cash flows change. A numerical analysis reveals that both the PCIS and the subsidy policy can achieve long-term self-financing under special tax rates, contribution rates, and subsidy conditions. The results show that the short-term inequity of favoring insurers and policyholders can promote balanced long-term interests for all stakeholders. | ||
650 | 4 | $0MAPA20080586294$aMercado de seguros | |
650 | 4 | $0MAPA20080629755$aSeguro de riesgos extraordinarios | |
650 | 4 | $0MAPA20080600204$aCatástrofes naturales | |
650 | 4 | $0MAPA20080553241$aAsegurados | |
700 | 1 | $0MAPA20210030123$aWu, Yang-Che | |
700 | 1 | $0MAPA20210030130$aYang, Wan-Shiou | |
773 | 0 | $wMAP20077000239$tNorth American actuarial journal$dSchaumburg : Society of Actuaries, 1997-$x1092-0277$g01/06/2021 Tomo 25 Número 2 - 2021 , p. 163-185 |