01940cam a22003617i 4500 22856223 20250327150430.0 221107s2023 njuad b 001 0 eng c 2022920898 020956575 Uk 0691193266 9780691193267 (OCoLC)on1330688046 lccopycat 332.109 KOI Koijen, Ralph S. J., Financial Economics of Insurance Princeton, New Jersey : Princeton University Press, [2023] xix, 208 pages : illustrations, charts ; 24 cm text rdacontent still image rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references and index. "The traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance. With the decline of private defined benefit plans and government pension plans around the world, insurers are increasingly taking on the role of insuring market risk through minimum return guarantees. Insurers also use more complex capital management tools such as derivatives, off-balance-sheet reinsurance, and securities lending. Financial Economics of Insurance provides a unified framework to study the impact of financial and regulatory frictions as well as imperfect competition on all insurer decisions. The book covers all facets of the modern insurance sector, guiding readers through its complexities with empirical facts, institutional details, and quantitative modeling"-- Insurance Assurance Insurance Yogo, Motohiro, 7 cbc pccadap 2 epcn 20 y-gencatlg BK 43447 43447 0 0 ddc 0 0 IMTN IMTN Rack 9-B 2025-03-24 Raghav Books Private Limited 6727.50 2374 0 332.109 KOI 33738 2025-03-27 00:00:00 33 2025-02-14 BK Dr. Veena Pailwar