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Risk and Capital Management in Insurance Companies

Author

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  • Nikolaus von Bomhard

    (Munich Re, Königinstrasse 107, München 80802, Germany.)

Abstract

This article is reasoning why risk and capital management in insurance companies malfunctioned partially during the recent capital market crises and what measures insurers and regulators have to adopt to ameliorate thoroughly their control and steering systems. Comparisons to finance and banking are made throughout the article, because they are Instructive and rich in contrast. The Geneva Papers (2005) 30, 52–59. doi:10.1057/palgrave.gpp.2510008

Suggested Citation

  • Nikolaus von Bomhard, 2005. "Risk and Capital Management in Insurance Companies," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 30(1), pages 52-59, January.
    • Handle: RePEc:pal:gpprii:v:30:y:2005:i:1:p:52-59
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    Cited by:

    1. Martin Eling & Thomas Parnitzke, 2007. "Dynamic Financial Analysis: Classification, Conception, and Implementation," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 10(1), pages 33-50, March.

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