We compute the optimal investment and reinsurance strategy for an insurance company that wishes to minimize its probability of ruin, when the risk process follows a compound Poisson process (CPP) and reinsurance is priced via the expected-value premium principle. We consider per-loss optimal ...
We compute the optimal investment and reinsurance strategy for an insurance company that wishes to minimize its probability of ruin, when the risk process follows a compound Poisson process (CPP) and reinsurance is priced via the expected-value premium principle. We consider per-loss optimal reinsura...
[...]number of enterprises engaging in offshore insurance business of captiveinsurancecompanies and reinsurance businessper year legco.gov.hk legco.gov.hk (c) 過去 5 年期間,本港每年有從事專屬自保公司離岸保險業務及再保險業務的 企業數目變化 ...
Prepaid reinsurance premiums (increase)/decrease 32.2 23.6 Other assets (increase)/decrease 24.6 (29.5 ) Premiums payable to insurance companies increase/(decrease) (53.6 ) (61.2 ) Premium deposits and credits due customers increase/(decrease) 13.1 (11...
“We maintained our current accident year loss and loss adjustment expense ratio on voluntary business at 63.3%, an improvement over the 64.0% we recorded throughout 2022. Our fourth quarter full reserve study led to the recognition of$24.6 millionof net favorable prior year loss...
a本公司主要通过订立再保险合同控制保险业务的损失风险。 This company mainly through works out the reinsurance contract control insurance business the loss risk.[translate] aplastic bags manufacturing plant 塑料袋制造植物[translate] awith the strength of chopped strand mat and stitch chopped strand mat, ...
Development-related items represents net prior year loss reserve and premium development, and includes the effects of interest accretion and change in allowance for uncollectible reinsurance and deductible amounts.Underwriting gain (loss) represents net earned premiums less total insurance expen...
Our current accident year loss and LAE ratio was 63.9%, slightly above the loss and LAE ratio we maintained throughout 2023 and consistent with that of 2022. As was the case in the third quarter of 2023, we did not recognize any prior year loss reserve development on our voluntary business...
aReinsurers provide primary insurers with large line capacity by accepting liability for loss exposures that the primary insurer is unwilling or unable to retain. This function of reinsurance allows insurers with limited large line capacity to participate more fully in the insurance marketplace.[translat...
J. Powell Brown, President and Chief Executive Officer of the Company, noted, “Our teammates delivered strong organic revenue growth and margin expansion in the first quarter of 2024. We are very pleased with the start of the year.”