Insurance Risks and Their Optimal Allocation

Authors

Keywords:

Insurance risks, Risk management, Reinsurance, Financial stability, Mathematical modeling

Abstract

This study explores insurance risks and methods for their optimal allocation. Effective risk management in the insurance system is a key factor in ensuring financial stability. The research examines different types of risks, their potential impacts, and insurance mechanisms. Additionally, it analyzes risk distribution strategies, reinsurance methods, and optimization approaches using mathematical models. This study aims to highlight ways to mitigate financial risks in the insurance sector and improve resource management efficiency.

 

References

Rejda, G. E., & McNamara, M. J. (2021). Principles of Risk Management and Insurance (14th ed.). Pearson.

Harrington, S. E., & Niehaus, G. (2004). Risk Management and Insurance (2nd ed.). McGraw-Hill Education.

Vaughan, E. J., & Vaughan, T. M. (2013). Fundamentals of Risk and Insurance (11th ed.). Wiley.

Cummins, J. D., & Doherty, N. A. (2002). Reinsurance and Risk Management. Journal of Banking & Finance, 26(2-3), 1069-1092.

Denenberg, H. S., Eilers, R. D., Hoffman, R. H., & Tye, R. J. (1974). Risk and Insurance. Prentice Hall.

Swiss Re Institute. (2021). World Insurance Report 2021. Swiss Re Publications.

Skipper, H. D., & Kwon, W. J. (2007). Risk Management and Insurance: Perspectives in a Global Economy. Wiley-Blackwell.

Markowitz, H. (1952). Portfolio Selection. The Journal of Finance, 7(1), 77-91.

Doherty, N. A. (2000). Integrated Risk Management: Techniques and Strategies for Managing Corporate Risk. McGraw-Hill.

Cummins, J. D., & Santomero, A. M. (1999). Modeling the Risk Premiums in the Insurance Industry. The Journal of Financial Intermediation, 8(1), 56-86.

Published

2025-07-03

How to Cite

Sailau , A., & Kazez , E. (2025). Insurance Risks and Their Optimal Allocation. Eurasian Science Review An International Peer-Reviewed Multidisciplinary Journal, 3(2). Retrieved from https://eurasia-science.org/index.php/pub/article/view/418

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)