Müller, Heinz H (1987). Economic premium principles in insurance and the capital asset pricing model. ASTIN Bulletin, 17(2):141-150.
An insurance company is considered as an intermediary between policyholders and the capital market. By applying the traditional and the generalized version of the capital asset pricing model, a class of premium principles can be derived. This class is fully compatible with Bühlmann's economic premium principle. Moreover, insurance premiums can be directly related to risk premiums on the stock exchange.
An insurance company is considered as an intermediary between policyholders and the capital market. By applying the traditional and the generalized version of the capital asset pricing model, a class of premium principles can be derived. This class is fully compatible with Bühlmann's economic premium principle. Moreover, insurance premiums can be directly related to risk premiums on the stock exchange.
| Item Type: | Journal Article, refereed, original work |
|---|---|
| Communities & Collections: | National licences > 142-005 |
| Dewey Decimal Classification: | 330 Economics |
| Scopus Subject Areas: | Social Sciences & Humanities > Accounting
Social Sciences & Humanities > Finance Social Sciences & Humanities > Economics and Econometrics |
| Language: | English |
| Date: | 1 November 1987 |
| Deposited On: | 12 Oct 2018 16:54 |
| Last Modified: | 26 Jan 2022 17:34 |
| Publisher: | Ceuterick S.A./Peeters |
| ISSN: | 0515-0361 |
| OA Status: | Hybrid |
| Free access at: | Publisher DOI. An embargo period may apply. |
| Publisher DOI: | https://doi.org/10.2143/ast.17.2.2014969 |
Müller, Heinz H