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 ...

Classical Insurance Solvency Theory 2011, Springer, Dordrecht

ISBN-13: 9789401077071

Softcover Reprint of the Origi edition

Trade paperback

Classical Insurance Solvency Theory 1988, Springer, Dordrecht

ISBN-13: 9780898382723

1988 edition