BALANCE SHEET OPTIMIZATION FOR NON-LIFE INSURANCE COMPANIES: AN EXTENSION

Nahum Biger, Yehuda Kahane

Research output: Contribution to journalArticlepeer-review

Abstract

As an extension to the article on balance sheet optimization (vol. I, no. 2), this paper proposed the use of a double-index portfolio selection algorithm for finding mean-variance efficient compositions of assets and underwriting activities by non-life insurance companies. The model is tested against two other models proposed in the literature, and its advantages are discussed and evaluated.
Original languageEnglish
Pages (from-to)71-81
JournalThe Journal of Insurance Issues and Practices
Volume1
Issue number4
StatePublished - 1978

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