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Huebner International Series on Risk, Insurance and Economic Security

Classical Insurance Solvency Theory

Editors: Cummins, J. David, Derrig, Richard A. (Eds.)

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About this book

The problem of solvency is, in fact, as old as insurance. The history of the industry knows many ways to meet the risks involved with underwriting, such as spreading the risk portfolio (Cato, Senior already applied it), risk selection, reserve funds, reinsurance, etc. Whilst these measures too often proved ineffective, the establish­ ment of legislative control and public supervision ensued. However, not until the last few decades has the solvency issue become an ob­ ject of intensive studies, very much thanks to the progress of related empirical and theoretical knowledge, and in the under­ standing of the concerned complicated processes. The research activities have grown extensively in many countries in recent years. The more the studies advance the more new relevant aspects are detected and a great variety of alternative proposals have come up for discussion. Therefore, it has become necessary to attempt a survey of the whole problem area in order to be able to place the quite numerous pieces of knowledge in their proper context, and also, among other things, to avoid the pitfalls of handling isolated problems omitting vital tie-ins to the environment. Many of the rele­ vant problems and subproblems are still lacking adequate and well tested solutions. Therefore, a survey of the whole problem area can also hopefully serve as guidance for future research efforts.

Table of contents (3 chapters)

Table of contents (3 chapters)

Buy this book

eBook $109.00
price for USA in USD
  • ISBN 978-94-009-2677-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.99
price for USA in USD
  • ISBN 978-0-89838-272-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $139.99
price for USA in USD
  • ISBN 978-94-010-7707-1
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Classical Insurance Solvency Theory
Editors
  • J. David Cummins
  • Richard A. Derrig
Series Title
Huebner International Series on Risk, Insurance and Economic Security
Series Volume
8
Copyright
1988
Publisher
Springer Netherlands
Copyright Holder
Kluwer Academic Publishers
eBook ISBN
978-94-009-2677-6
DOI
10.1007/978-94-009-2677-6
Hardcover ISBN
978-0-89838-272-3
Softcover ISBN
978-94-010-7707-1
Series ISSN
0924-5014
Edition Number
1
Number of Pages
XXVI, 160
Topics