000 01940cam a22003617i 4500
001 22856223
005 20250327150430.0
008 221107s2023 njuad b 001 0 eng c
010 _a 2022920898
016 7 _a020956575
_2Uk
020 _a0691193266
020 _a9780691193267
035 _a(OCoLC)on1330688046
042 _alccopycat
082 _a332.109 KOI
100 1 _aKoijen, Ralph S. J.,
245 1 0 _aFinancial Economics of Insurance
264 1 _aPrinceton, New Jersey :
_bPrinceton University Press,
_c[2023]
300 _axix, 208 pages :
_billustrations, charts ;
_c24 cm
336 _atext
_2rdacontent
336 _astill image
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references and index.
520 _a"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"--
650 0 _aInsurance
650 6 _aAssurance
650 7 _aInsurance
700 1 _aYogo, Motohiro,
906 _a7
_bcbc
_cpccadap
_d2
_eepcn
_f20
_gy-gencatlg
942 _cBK
999 _c43447
_d43447