Kategoria BISAC: Business & Economics >> Insurance - General

The main purpose of the book is to show how a viscosity approach can be used to tackle control problems in insurance. The problems covered are the maximization of survival probability as well as the maximization of dividends in the classical collective risk model. The authors consider the possibility of controlling the risk process by reinsurance as well as by investments. They show that optimal value functions are characterized as either the unique or the smallest viscosity solution of the associated Hamilton-Jacobi-Bellman equation; they also study the structure of the optimal strategies...

When political parties make policy decisions they are influenced by the competition they face from other parties. This book examines how party competition and party systems affect reforms of social protection. Featuring a historical comparison of Italy and Germany post-1945, the book shows how a high number of parties and ideological polarisation lead to fragmented and unequal social benefits.

Utilising a comparative approach, the author brings together two important issues in welfare state research that have been insufficiently investigated. Firstly, the complex influence...

Investment and risk management problems are fundamental problems for financial institutions and involve both speculative and hedging decisions. A structured approach to these problems naturally leads one to the field of applied mathematics in order to translate subjective probability beliefs and attitudes towards risk and reward into actual decisions.

In Risk and Portfolio Analysis the authors present sound principles and useful methods for making investment and risk management decisions in the presence of hedgeable and non-hedgeable risks using the simplest possible...

Taking control of your super is easier than you think

Now in its third edition, DIY Super For Dummies contains all the expert information and advice you need to confidently set up and manage your fund, navigate the ever-changing super rules, and invest your fund wisely.

Written in the straightforward but fun language that has defined the For Dummies brand for more than twenty years, this friendly and easy-to-follow guide helps you figure out if DIY super is the right way to go for your unique circumstances, shows you how to establish a self-managed super...

Dieses Standardwerk ist unverzichtbarer Ratgeber zur Uberprufung Ihres Anlageportfolios, getreu dem Motto: Vermogen optimieren, Steuern minimieren . Schwerpunkte aller Kapitel sind deshalb der Vermogensaufbau sowie die Sicherung und der systematische Ausbau des Ersparten. Neben den zahlreichen Anderungen im deutschen Steuerrecht im Jahr 2014 wird auch die Auswirkung der Finanztransaktionssteuer behandelt. Schwerpunktthemen sind des Weiteren die Geldanlage in Kunstgegenstanden, Aspekte der nachhaltigen Geldanlage und die Ausrichtung der Portfolios in Zeiten von Krisen und Deflationsgefahr...

The interaction between mathematicians and statisticians reveals to be an effective approach to the analysis of insurance and financial problems, in particular in an operative perspective.

The Maf2006 conference, held at the University of Salerno in 2006, had precisely this purpose and the collection published here gathers some of the papers presented at the conference and successively worked out to this aim. They cover a wide variety of subjects in insurance and financial fields.

Practice management is often misunderstood. The Advisor Playbook will take the mystery away.

Practice management is confused with marketing, or is limited to strategizing about branding, or simply equated to old-school salesmanship.

Practice management is how you build an organized toolbox of all your processes - branding, marketing, service activities, core functions - and constantly tune and keep that toolbox efficient and effortless. It's a network of interrelated skills, processes and strategies that build value in a business while making it...

Economic liberalisation associated with globalisation is causing a pervasive growth of economic insecurity experienced all over the world. This is placing urgent demands on policymakers to rethink old policies and institutions.

This book sets out a new approach to the assessment of income dynamics, based on identifying the diverse components of people's income and entitlements. It defines 'social income' as a broader concept of household income which includes state, community and private benefits. It shows how those components should be measured and provides a composite...