'Frictional costs' presentation slideshows

Underwriting Risk Ex-Post Analysis

300 views • 17 slides

Economic Impact of Capital Level

Economic Impact of Capital Level. Kevin Zhang, Ph.D., FCAS CNA Insurance Companies. Capital level fluctuates. Retained earnings, dividends, share buyback, new shares. Who cares?. Policyholders Shareholders Company management Pricing actuaries. A simple model. One-period model

182 views • 17 slides

Underwriting Risk Ex-Post Analysis

197 views • 17 slides

Dorset Voluntary Agreement

281 views • 16 slides

Myers Read Capital Allocation Discussion CAS Marco Island 2003 Gary G Venter

Myers Read Capital Allocation Discussion CAS Marco Island 2003 Gary G Venter. Mathematical Setup. ? c i L i = cL, c i L i is the capital for the ith policy with expected losses L i , and cL is total capital D/L is value of default put related to losses

172 views • 16 slides

What Are We Debating About?

What Are We Debating About?. Richard A Derrig PH.D. President, OPAL Consulting LLP Visiting Scholar, Wharton School, University of Pennsylvania CAS Ratemaking Seminar Philadelphia, PA

142 views • 3 slides