Joint insurance and capitalization costs (Q1094069)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Joint insurance and capitalization costs |
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Joint insurance and capitalization costs (English)
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1988
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This paper studies the underpinnings of three related issues that arise in joint insurance. These are: capitalization, premium payments and relevance (or irrelevance) of insolvency. Principally, a dynamical model is constructed and investigated in terms of the impact of the policies a joint insurance firm may follow. A discussion relating to agency costs and re-capitalization in joint insurance, as well as a specific case are treated in detail.
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diffusion approximation
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capitalization costs
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joint insurance
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premium payments
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insolvency
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dynamical model
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agency costs
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re-capitalization
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