Back to Search
Start Over
Surplus Sharing with Coherent Utility Functions
- Source :
- Risks, Vol 7, Iss 1, p 7 (2019), Risks, 7 (1), Risks, Volume 7, Issue 1
- Publication Year :
- 2018
- Publisher :
- MDPI AG, 2018.
-
Abstract
- We use the theory of coherent measures to look at the problem of surplus sharing in an insurance business. The surplus share of an insured is calculated by the surplus premium in the contract. The theory of coherent risk measures and the resulting capital allocation gives a way to divide the surplus between the insured and the capital providers, i.e., the shareholders.<br />Risks, 7 (1)
- Subjects :
- insurance benefit
coherence
monetary utility
benefit sharing
Strategy and Management
Economics, Econometrics and Finance (miscellaneous)
2001 Economics, Econometrics and Finance (miscellaneous)
01 natural sciences
lcsh:HG8011-9999
Capital allocation line
FOS: Economics and business
lcsh:Insurance
Microeconomics
010104 statistics & probability
Shareholder
Accounting
0502 economics and business
1408 Strategy and Management
ddc:330
0101 mathematics
1402 Accounting
050208 finance
Benefit sharing
05 social sciences
Coherence (statistics)
Mathematical Finance (q-fin.MF)
10003 Department of Banking and Finance
330 Economics
Quantitative Finance - Mathematical Finance
Risk Management (q-fin.RM)
Capital (economics)
Insurance benefit
Business
probability_and_statistics
Quantitative Finance - Risk Management
Subjects
Details
- Database :
- OpenAIRE
- Journal :
- Risks, Vol 7, Iss 1, p 7 (2019), Risks, 7 (1), Risks, Volume 7, Issue 1
- Accession number :
- edsair.doi.dedup.....d3fb88a777f0549d5c5f987022d2dd42
- Full Text :
- https://doi.org/10.20944/preprints201811.0070.v1