2022-05-11 | risk, reinsurance, optimization
Catastrophe reinsurance provides insurance companies protection against excessive losses caused by catastrophes such as hurricanes, earthquakes, severe convective storms, flood, and winter freeze. Such protection is desired both to
2022-02-20 | insurance, risk, return, principal agent problem, non, additive probability
There are no universally true statements about risk.
2022-03-07 | pricing, insurance, risk, underwriting
Distortion risk measures When can a risk preference be represented by a certain functional form? EU, SEU, CEU, Savage etc.
2022-03-01 | risk, prudence, temperance
Eeckhoudt and Schlesinger (2006) Eeckhoudt and Schlesinger (2006) Equal probability lotteries \([a, b]\) describe outcomes \(a\) and \(b\), which can be fixed or random.
2022-02-25 | presentations, insurance, risk, pricing
John Major and Stephen Mildenhall, CARe Meeting, June 9, 2021
2022-02-28 | pricing, insurance, risk, underwriting
Broad buckets of risk process risk; param risk; winner’s curse; PAT; ambiguity; morale hazard; info asymmetry
2020-09-24 | capital allocation, risk, pricing, insurance, presentations
John Major and Stephen Mildenhall, CAS Webinar, September 24, 2020.
2020-05-13 | capital allocation, risk, pricing, insurance, presentations
John Major and Stephen Mildenhall, CAS Spring Meeting, May 13, 2020
2020-03-25 | capital allocation, risk, pricing, insurance, ERM, presentations
John Major and Stephen Mildenhall, ASTIN Special Interest Webinar, March 25, 2020
2021-11-15 | presentations, pricing, insurance, risk
Liberty Mutual, November 2021 Slides Avoid Arbitrary Assumptions! The wisdom of Adam Smith Three market actors Problems with additive pricing functionals Buyer motivation and bid-ask spreads Insurers as