Abstract This paper studies a Pareto-optimal reinsurance problem when the contract is subject to default of reinsurer. We assume that reinsurer can invest share its wealth in risky asset and occurs reinsurer's end-of-period insufficient cover indemnity. show without solvency regulation, optimal indemnity function excess-of-loss form, regardless investment decision. Under regulation constraint, ...

In order to ensure stable law enforcement, it is important have a correct interpretation of the functions institution indemnity and unified approaches implementation mechanism for concluding executing an agreement on transfer indemnity. The legal nature indemnity, its special properties significance in construction termination obligation by been investigated. It has emphasized that function rec...

Ransomware attacks are becoming increasingly pervasive and disruptive. Not only they shutting down (or at least “holding up”) businesses local governments all around the country, disrupting institutions in many sectors of U.S. economy — from school systems, to medical facilities, critical elements energy infrastructure as well food supply chain. also growing more frequent ransom demands exorbit...

INCREASING ATTENTION is being given by public policymakers to alternative ways by which Medicare might pay for physician services. (l-l 3). Among the many approaches under consideration are modifying the existing fee-for-service system; establishing prospectively set rates for bundles of services, such as payment based on diagnosis-related groups; developing uniform fee schedules; paying fixed ...

OBJECTIVES To assess the intentions of Australia's specialist obstetricians to cease practice and their reasons for abandoning this specialty. DESIGN A structured questionnaire posted to Fellows of the Royal Australian and New Zealand College of Obstetricians and Gynaecologists (RANZCOG), issued 11 July 2001 with a return date of 31 July 2001 (in practice, responses were accepted up to 31 Aug...

BACKGROUND To present an overview of the clinical negligence claims for ophthalmology in the National Health Service (NHS) in England from 1995 to 2006. To compare ophthalmic subspecialties with respect to claim numbers and payments. METHODS All the claims on the NHS Litigation Authority database for ophthalmology for the period 1995 to 2006 were analysed. Claims were categorised by ophthalmi...

OBJECTIVES To evaluate and compare the characteristics of court verdicts on medical errors allegedly harming patients in Spain and Massachusetts from 2002 to 2012. DESIGN, SETTING AND PARTICIPANTS We reviewed 1041 closed court verdicts obtained from data on litigation in the Thomson Reuters Aranzadi Westlaw databases in Spain (Europe), and 370 closed court verdicts obtained from the Controlle...

BACKGROUND Almost 97% of the Korean population is covered by National Health Insurance and are entitled to receive the same level of insurance benefits, regardless of how much each enrollee contributes to the system. However, the percentage of out-of-pocket payments is still high. This study examines whether the incurrence of high medical expenses affects household income. METHODS We use the ...