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Techniques Used for Risk Measuring in the Insurance Field. Risk Management

Author

Listed:
  • Botea Elena Mihaela

    (Academy of Economic Studies, Bucharest)

  • Sahlian Daniela Nicoleta

    (Academy of Economic Studies, Bucharest)

  • Stanila Oana Georgiana

    (Academy of Economic Studies, Bucharest)

Abstract

The insurance companies that concentrate a large amount of funds that they seek to invest on the financial market in the most cost effective manner. That is why, in order to face the competition and achieve their goals, the insurer must take into account the interdependency between the activity of subscribing and investment. Today, the financial managers play a crucial role in every company; they have to provide good financial principles knowledge and also the latest innovations in the field. Due to the unique financial structure asset, the financial department has a critical role in an insurance company.

Suggested Citation

  • Botea Elena Mihaela & Sahlian Daniela Nicoleta & Stanila Oana Georgiana, 2011. "Techniques Used for Risk Measuring in the Insurance Field. Risk Management," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 236-241, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:236-241
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    More about this item

    Keywords

    risks management; scenarios; simulation; updated cash flows; sensitivity analysis;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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