Bücher der Reihe Huebner International Series on Risk, Insurance and Economic Security

On the dedication page in his final textbook, Fundamentals of Insurance, Bob spoke of his affection for those he called his "academic progeny" and wished them happiness as they build their own academic families.

Handbook of International Insurance: Between Global Dynamics and Local Contingencies analyzes key trends in the insurance industry in more than 15 important national insurance markets that represent over 90 percent of world insurance premiums.

The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval estimates are as easy to obtain as point estimates. The former attribute means that once one learns how to analyze one problem, the solution to similar, but more complex, problems will be no more difficult.

All property and casualty insurers are required to carry out loss reserving as a statutory accounting function. Divided into two parts, the book covers both the conventional techniques widely used in practice, and more specialized loss reserving techniques employing stochastic models.

The mathematical theory of non-life insurance developed much later than the theory of life insurance.

Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field.

For a number of years, I have been teaching and doing research in the economics of uncertainty, information, and insurance.

Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. The book gives extensive details of privatized pensions in each of the eight reforming countries.

The articles in this volume were first presented at the Seventh and Eighth Conferences on Economic Issues in Workers' Compensation sponsored by the National Council on Compensation Insurance.

Workers' compensation insurance presents a set of institutional charac teristics that are unique.

Proceedings of the First International Conference on Insurence Solvency

When this project began, the intention was to produce a similar journal article surveying insurance rate litiga tion between 1960 and the present using basically the same organization followed in the seminal article.

The mathematical theory of non-life insurance developed much later than the theory of life insurance.

Proceedings of the Second International Conference on Insurance Solvency.

Until a few years ago I concentrated my attention on workers' compensa tion programs in the United States and Canada.

Based on the research that has been conducted at Wharton Risk Management Center over the years on catastrophic risk, this title develops risk management strategies for reducing and spreading the losses from various disasters.

Such systems, penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe and Asia.

For a number of years, I have been teaching and doing research in the economics of uncertainty, information, and insurance.

The First International Conference on Insurance Solvency was held at the Wharton School, University of Pennsylvania from June 18th through June 20th, 1986. The papers presented at the Conference are published in two volumes, this book and a companion volume, Classical Insurance Solvency Theory, J.

Administered at the Wharton School of the University of Pennsylvania, the Huebner Foundation was established in 1941 to strengthen insurance education at the collegiate level by increasing the number of professors specializing in insurance and enriching the literature in the field.

Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field.

The Geneva Association and Risk Economics The Geneva Association The Geneva Association (International Association for the Study of Insurance Economics) commenced its activities in June 1973, on the initiative of twenty-two members in eight European countries.

All property and casualty insurers are required to carry out loss reserving as a statutory accounting function. Divided into two parts, the book covers both the conventional techniques widely used in practice, and more specialized loss reserving techniques employing stochastic models.

When this project began, the intention was to produce a similar journal article surveying insurance rate litiga tion between 1960 and the present using basically the same organization followed in the seminal article.

The research project leading to this book was initiated in the fall of 1979 when the American Council of Life Insurance (ACLI) contacted Dan McGill, chairman of the Wharton School Insurance Department, about conducting a study on risk classification in life insurance.

The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval estimates are as easy to obtain as point estimates. The former attribute means that once one learns how to analyze one problem, the solution to similar, but more complex, problems will be no more difficult.

Choice no-fault has emerged as a popular but controversial proposal for addressing the problem of high automobile insurance rates. This volume covers topics ranging from the impact of choice no-fault on accidents and driving behavior, to the effects of choice on medical care usage, to alternative approaches for resolving accidents.