Liability of Telegraph Companies

Performance Analyses of U.S. Property-Liability Reinsurance Companies

This paper examines the performance of property and liability reinsurance companies in the United States. It shows that these reinsurers have higher mean values than primary insurers in the following financial ratios: net operating income to net premium earned (NOI/PE), yield on invested assets (YIA), and loss reserves to net premium written (LR/NPW). Primary insurers, on the other hand, have h...

Law Enforcement; a Function of Criminal Liability or Civil Liability

Despite the fact that in investigations and legal writings enough consideration has been paid to the founding principles and rules governing civil and criminal liability as well as damages of crime, the legal or disciplinary responsibility accompanying these two types of legal responsibilities has not been taken seriously into account and the people involved it - in particular, the authorities ...

analysis of ruin probability for insurance companies using markov chain

در این پایان نامه نشان داده ایم که چگونه می توان مدل ریسک بیمه ای اسپیرر اندرسون را به کمک زنجیره های مارکوف تعریف کرد. سپس به کمک روش های آنالیز ماتریسی احتمال برشکستگی ، میزان مازاد در هنگام برشکستگی و میزان کسری بودجه در زمان وقوع برشکستگی را محاسبه کرده ایم. هدف ما در این پایان نامه بسیار محاسباتی و کاربردی تر از روش های است که در گذشته برای محاسبه این احتمال ارائه شده است. در ابتدا ما نشا...

Partnerships, Limited Liability Companies, and Taxes: A Comment on the Survival of Organizational Forms

Derivatives Hedging, Risk Appetite, and Managerial Compensation Incentives in U.S. Property-Liability Insurance Companies

We examine the relationship between derivatives hedging, risk-taking, and managerial compensation incentives from an enterprise risk management perspective in U.S. publicly traded property-liability insurance companies. We find that derivatives usage is negatively related to various risks, supporting the stabilizing effect of derivatives use for hedging purposes. Our evidence also shows that de...