Recent research developments affecting nonlife insurance, the CAS risk premium project 2011 update

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Título: Recent research developments affecting nonlife insurance, the CAS risk premium project 2011 update / Martin Eling

Notas: Sumario: This article summarizes the results of the 2011 Risk Premium Project (RPP) continual update. The aim of RPP is to review the actuarial and finance literature on the theory and empirics of risk assessment for propertycasualty insurance. We find that behavioral insurance and new instruments of alternative risk transfer are popular fields of research in nonlife insurance. Capital allocation and enterprise risk management, too, are currently very important research topics. Moreover, the financial crisis has stimulated new work on corporate governance and insurance.

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