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Article Title Objectives Findings Recommendations / Implications 1 A hybrid stochastic differential reinsurance and investment game with bounded memory. The aim of this paper is
Article Title Objectives Findings Recommendations / Implications 1 A hybrid stochastic differential reinsurance and investment game with bounded memory. The aim of this paper is to obtain the equilibrium strategy for reinsurers and insurers by maximizing the expected utility of the reinsurers terminal wealth with delay and optimizing the expected utility of the combination of insurers terminal wealth and the relative performance with delay. It has been found that the delay factor plays a role in either preventing or promoting investment based on the extent of the delay. For future research, it is recommended to extend this study in the direction of introducing multi-asset investment and considering regime-switching to better describe the stochastic market since it's an important research issue in the economic and financial fields. 2 Risk transference constraints in optimal reinsurance The purpose of this study is to discuss the optimal reinsurance problem where both the insurer and reinsurer goals are included. The findings that can be obtained from this study are that there are requirements that should be considered which are the reinsurance contract premium must be higher than the reinsurer risk growth and lower than the insurer risk mitigation, to prevent the reinsurer moral hazard. 3 Portfolio Risk Analysis of Excess of Loss Reinsurance The aim of this paper is to perform a portfolio risk analysis for the reinsurer by using a mixture structure that includes three risk factors which are common shock, systematic risk, and idiosyncratic risk. The further suggestion could be is to apply the limit theorems since the large reinsurance portfolio becomes more complicated Under the current setting. 4 Risk transfer beyond reinsurance: the added value of CAT bonds The goal of this paper is to examine whether CAT bonds can substitute for traditional reinsurance. The study results in that the added value of CAT bonds is flow from non-indemnity bonds, where they become more valuable under high reinsurer default risk. The Implications in this study summarized that CAT bonds are less advantageous as a risk transfer instrument than traditional reinsurance. 5 Exposure to catastrophe risk and use of reinsurance: an empirical evaluation for the U.S. The goal of this work is to create a new method for measuring the use of non-proportional reinsurance and using it to distinguish between reinsurance used for disaster risk protection and reinsurance used for other purposes. The findings from this paper could be obtained by depending on a new measure of catastrophe risk that has strong explanatory power about insurers behavior towards risk beyond what has been captured by current measures. Its recommended for practitioners and regulators to use the tools developed in this study in evaluating the use of reinsurance and to understand how insurers use it to help cope with the financial burden associated with large catastrophe losses. 6 Reinsurance Networks and Their Impact on Reinsurance Decisions: Theory and Empirical Evidence The main objective of this paper is to understand the impact of reinsurance networks on an insurer's reinsurance purchase decision. The finding indicates that a linked network may be optimal ex-ante even though linkages among reinsurers may spread financial contagion, which is consistent with the predictions of the model about social capital benefits associated with network cohesion. It is recommended that further investigations might be done for the interaction between different types of risk transfer networks. 7 Optimal reinsurance with multiple reinsurers: Competitive pricing and coalition stability This paper studies the economic pricing of reinsurance contracts via competition of an insurer with multiple reinsurers and characterizes the corresponding premiums. It founds that when firms use distortion risk measures this result in stability for subcoalitions which derive that the premium is represented by a distortion premium function. For further research, it's suggested to discuss a suitable definition of competition when there are several insurers, and their risks have a known multivariate distribution. 8 The costs and benefits of reinsurance This article aims to discuss the costs and the benefits of reinsurance by using a sample of U.S. property-liability insurers. The findings show that purchasing reinsurance raises the insurer's costs while lowering the loss ratio's volatility. Stretching the empirical analysis with new data is suggested for future research. 9 Marginal Indemnification Function formulation for optimal reinsurance The purpose of this paper concentrate on applying the lagrangian dual method to integrate it with the Marginal Indemnification Function for optimal reinsurance solutions under premium budget constraints. Its shown that by using a well-specified optimal reinsurance model with CVaR as the risk measure and the inverse-S shaped distortion function as the premium principle, an analytical solution is derived on a particular reinsurance model that involves minimizing conditional value at risk. It is proposed to use the integrated MIF-based Lagrangian dual method to provide a solution to the optimal reinsurance design. 10 Optimal dynamic reinsurance with dependent risks: variance premium principle The goal of this article is to focus on the best proportional reinsurance strategy in a risk model with two dependent classes of insurance business. The results indicate that in the diffusion risk model, the best reinsurance techniques are determined solely by the safety loading, time, and interest rate. As a suggestion, the research work could be extended to the case of Centeno (2005) in which different safety loadings are used for the two classes of insurance business. 11 Optimal reinsurance from the perspectives of both an insurer and a reinsurer The paper expects to concentrate on ideal reinsurance plans according to the points of view of both a guarantor and a reinsurer and consider both a safety net provider's points and a reinsurer's objectives in reinsurance contract plans. It is seen that with the primary sort of limitations, the guarantor, and the reinsurer each have their cutoff on the Var of their own misfortune. With the second kind of requirements, the safety net provider has a cutoff on the Var of his deficit while the reinsurer has an objective on his benefit from selling a reinsurance contract. These ideal reinsurance structures are more convoluted than the ideal reinsurance contracts according to the viewpoint of one party as it were. The proposed models can likewise be diminished to the issues of limiting the VAR of one party's misfortune under the limitations on the interests of both the safety net provider and the reinsurer. 12 Reinsurance trading in Lloyds of London: Balancing conflicting-yet-complementary logics in practice Drawing on a yearlong ethnographic investigation of reinsurance exchanging Lloyd's of London, this paper makes three commitments to current conversations of institutional intricacy. The model shows how entertainers can progressively adjust coinciding rationales, keeping up with the qualification between them while likewise taking advantage of the advantages of their association Rather than most investigations of recently framed half breeds and additionally clever intricacy, center around a long-standing setting of institutional intricacy shows how institutional intricacy would itself be able to become organized and regularly ordered inside ordinary practice 13 Optimal reinsurance and portfolio solution: Comparison between partial and complete information models The review explores how fractional data has an exceptional quality over complete data for safety net providers. The investigation discovers that ideal reinsurance and venture systems for the to some extent informed guarantor rely upon earlier convictions, though those for the totally educated back up plan don't. Protection quality can influence guarantor conduct, fundamentally through the general distinction between hazard changed market premium projected on the monetary business sectors. Mathematical outcomes show that fractional data builds the conservativeness of safety net provider procedures. 14 The Reduction of Initial Reserves Using the Optimal Reinsurance Chains in Non-Life Insurance The point of the paper is to propose, and give an illustration of, a methodology for overseeing protection hazard in constant chance to ensure an arrangement of non-life coverage contracts against unwanted excess changes. The outcomes showed that with the introduced approach, it is feasible to foster various situations from which the guarantor can pick those which fit its essential points. These permit the safety net provider to see the distinctions in the outcomes acquired with a specific kind of reinsurance yet additionally the distinctions in those got involving an arbitrary selection of boundaries for a specific sort of reinsurance and when they are set ideally. A self-assertive arrangement of reinsurance security boundaries doesn't really prompt a decent outcome. Then again, through improvement, we can set not just appropriate reinsurance assurance for the examined hazard, yet additionally ideal boundaries. 15 OPTIMAL REINSURANCE FROM THE VIEWPOINTS OF BOTH AN INSURER AND A REINSURER UNDER THE CVAR RISK MEASURE AND VAJDA CONDITION The optimal reinsurance contracts are those that minimize the convex combination of the Conditional Value-at-Risk (CVaR) of the insurer's and reinsurer's losses over the class of ceded loss functions, with the retained loss function increasing and the ceded loss function satisfying the Vajda condition. The results demonstrated that the optimal solutions are found within a general class of reinsurance premium principles that meet the criteria of risk loading and convex order preservation. For general reinsurance premium principles, the best ceded loss functions are in the form of five interconnected segments, which can be further simplified to four interconnected segments if more properties are added to reinsurance premium principles. 16 The Impact of Reinsurance of Gene Therapies on Employer Financial Risk The growth of health-care innovation comes with a hefty tag. The goal of this study is to see how reinsurance health of gene treatments affects financial risk for employers. Stop-loss coverage is a significant risk-mitigation component for self-funded health plans, according to the report. Stop-loss coverage protects self-insured businesses from both individual and aggregate catastrophic claims. The introduction of gene therapies and other expensive one-time treatments is forcing a rethinking of what stop-loss coverage is for and what all parties can do to give patients access to innovative treatments, protect plan sponsors from catastrophic costs, and keep reinsurers from leaving the market. Solutions with "something for everyone" are feasible when all stakeholders are involved in the debate. 17 Pareto-optimal reinsurance policies with maximal synergy This article investigates the best resistance policies in depth. Expected utility (EU) maximization and risk minimization are two typical forms of optimality criteria. According to the study, using the two sorts of criteria will frequently result in different "optimal" strategies. Broch (1960b) used the approach to reconcile the competing goals of the insurer and reinsurer and establish a balance between EU maximization and risk minimization, however it was assumed that the two parties involved use distortion risk metrics instead of variance. A Nash bartering model is applied to distinguish the ''best'' loads distributed to the two gatherings. Likewise, the outcomes were stretched out to a circumstance where the guarantor's navigation is directed by the position subordinate anticipated utility (RDEU) hypothesis. 18 Affiliated reinsurance and insurer performance under capital regulation The motivation behind this paper is to foster a working safety net provider offshoot model to successively decide the ideal working back up plan ensured rate and the ideal hostage reinsurance under capital guideline. The investigation discovers that capital guideline on the responsibility side with venture highlights significantly affects hostage reinsurance exercises and backup plan spread conduct in the extra security markets. Subordinates frequently utilized by back up plans to dispense with hazards arising either from their resources and liabilities from a resource risk bungle. The application would supplement the hostage reinsurance writing specifically when administrative mediations for protection steadiness designs are thought of. 19 Optimal reinsurance-investment strategy for a dynamic contagion claim model This paper concentrates on the ideal reinsurance-venture issue for the compound unique infection process. Self-invigorating and remotely interesting impact of guaranteed appearances are thought of. The investigation discovers that Excess-of-misfortune sort of reinsurance is ideal. Oneself energizing impact is more hazardous than the remotely intriguing impact. It is accepted that the safety net provider can be in an ideal situation holding more danger assuming the case size is light followed. 20 Nash equilibria in optimal reinsurance bargaining This paper proposes a game-hypothetical bartering approach in ideal reinsurance and the essential conduct of the guarantor and reinsurer, where the essential set alludes to a danger inclination definition. The investigation discovers that in the wake of demonstrating the well-posedNess of the best-reaction issue, it is showed that, at the rigorously helpful Nash balance, specialists seem homogeneous as for their danger repugnance. In a Stackelberg harmony, one of the specialists is the pioneer who steps first on the best-reaction system and the other follows. It would seem in a game, the pioneer is the one that gets all the government assistance gain, leaving the adherent detached between the norm and the balance reinsurance.
I have gathered information about reinsurance from 20 articles using all this information and details i need you to write for me introduction(around250 words) and results &discussion (around 600 words). please urgent.
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