Premium allocation and risk avoidance in a large firm: A continuous model

DOI10.1016/0167-6687(90)90001-TMaRDI QIDQ2638705zbMATH OpenOpenAlexFDO

Authors Charles S. Tapiero, Laurent L. Jacque

Publication date 1990

Published in Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0167-6687(90)90001-t

zbMATH Keywords

claimscontinuous stochastic processesinformation asymmetryintra-corporate conceptual frameworkloss preventionmultidivisional firmpartial informationpremium allocationprincipal-agent frameworkrisk aggregationrisk avoidancerisk pooling

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Utility theory (91B16)

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Cites work

• An Analysis of the Principal-Agent Problem
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• scientific article; zbMATH DE number 3438157 (Why is no real title available?)
• scientific article; zbMATH DE number 3797647 (Why is no real title available?)
• scientific article; zbMATH DE number 3333061 (Why is no real title available?)
• Premium valuation in international insurance

Cited in

(4)

• Corporate insurance and managerial incentives
• Simple risk measure calculations for sums of positive random variables
• Modeling surrender and lapse rates with economic variables
• Threshold control of mutual insurance with limited commitment

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