Understanding basis risk in insurance contracts

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Understanding basis risk in insurance contracts</title>
</titleInfo>
<titleInfo type="alternative">
<title>Risk management and insurance review</title>
</titleInfo>
<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080074364">
<namePart>Kerr, Dana A.</namePart>
<nameIdentifier>MAPA20080074364</nameIdentifier>
</name>
<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080234331">
<namePart>Tippins, Steven C.</namePart>
<nameIdentifier>MAPA20080234331</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">usa</placeTerm>
</place>
<dateIssued encoding="marc">2006</dateIssued>
<issuance>serial</issuance>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
</physicalDescription>
<abstract>Basis andbasis risk are familiar terms  in financial risk management. This article explores in much more detail the basis risk idea tailored to the idiosyncrasies of insurance contracts. It discuss the fundamental differences between financial hedge contracts and insurance contracts. After an analkysis of how the mangnitude of insurance contract basis risk can be manipulated will be presented followed by a detailed hypothetical example </abstract>
<note type="statement of responsibility">Dana A. Kerr</note>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080591182">
<topic>Gerencia de riesgos</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080584290">
<topic>Contrato de seguro</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080582418">
<topic>Riesgo financiero</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080588991">
<topic>Análisis financiero</topic>
</subject>
<classification authority="">7</classification>
<relatedItem type="host">
<titleInfo>
<title>Risk management and insurance review</title>
</titleInfo>
<originInfo>
<publisher>New York : The American Risk and Insurance Association</publisher>
</originInfo>
<part>
<text>Vol. 9, nº 1 Spring 2006 ; p. 37-51</text>
</part>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">060503</recordCreationDate>
<recordChangeDate encoding="iso8601">20080418125728.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20071507971</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>