Abstract
"Capital Allocation for Insurance Companies" is a useful and insightful paper for casualty actuaries. However it does not provide the denominator for a return-on-capital ranking of business units that many actuaries have sought. It does provide the basis for an alternative framework for evaluating business unit profitability.
Volume
Fall
Page
459-478
Year
2003
Categories
Actuarial Applications and Methodologies
Capital Management
Capital Allocation
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
ROE
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
Traditional Risk Load (Profit Margin);
Practice Areas
Risk Management
Publications
Casualty Actuarial Society E-Forum
Documents
