In order to prevent this from occurring, many insurance companies purchase reinsurance to manage their risk. However, in order to maximize their profits, they would like to spend as little as they can on this protection. To help estimate the amount of loss that an insurance company should ...
Excess of loss reinsurance provides coverage for individual losses exceeding a specific loss retention amount. Losses below the loss retention amount are the responsibility of the ceding company or the company that bought the excess loss reinsurance. However, losses above the retention amount are the ...
Claims reservingRiskChain LadderReinsuranceMicro modelsThis paper addresses a new problem in the literature, which is how to consider reserving issues for a portfolio of general insurance policies when there is excess-of-loss reinsurance. This is very important for pricing considerations and for ...
For more than 30 years, Excess Reinsurance has stood at the forefront of the stop loss marketplace. Protect your organization and your employees.
For more than 30 years, Excess Reinsurance has stood at the forefront of the stop loss marketplace. Protect your organization and your employees.
(which requires re-weighting the mixture components). Involves fixing the ground up severity and using it to adjust weights first. Then, by layer, figure the severity and convert exposure to claim count if necessary. Cases where there is no loss in the layer (high layer from low mean / ...
With reference to risk adjusted premium principle, in this paper we study excess of loss reinsurance with reinstatements in the case in which the aggregate claims are generated by a discrete distribution. In particular, we focus our study on conditions ensuring feasibility of the initial premium, ...