Captive insurance companies and the management of non-conventional corporate risks

We examine under what conditions setting up a captive insurance company with reinsurance is an optimal solution for risk-averse firms when the insured firm, the insurer and the reinsurer do not know the probability distribution of some risks, and have conflicting estimates of this distribution.


Issue Date:
Feb 22 2011
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/100886
Total Pages:
14
JEL Codes:
D81; G22; Q2
Series Statement:
Working Paper
1105




 Record created 2017-04-01, last modified 2017-08-26

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