Risk management, capital budgeting and capital structure policy for insurers and reinsurers /
This paper builds on Froot and Stein (1998) in developing a framework for analyzing the risk allocation, capital budgeting, and capital structure decisions facing insurers and reinsurers. The model incorporates three key features: i) value-maximizing insurers and reinsurers face product-market as we...
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| 格式: | 图书 |
| 语言: | English |
| 出版: |
[Boston] :
Division of Research, Harvard Business School,
c2003.
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| 丛编: | Working paper (Harvard Business School. Division of Research) ;
04-035. |
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| 索引号: |
A1234.567 |
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| 复印件 1 | 可用 |