Title:

Risk capital in unit-linked insurance policies

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Research Papers of Wrocław University of Economics

Creator:

Homa, Magdalena

Subject and Keywords:

unit-linked insurance ; Solvency II ; risk capital ; Monte-Carlo ; ubezpieczenia UFK (unit-linked) ; kapitał podwyższonego ryzyka ; metoda Monte Carlo

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics, 2018, Nr 519, s. 99-108

Abstrakt:

Unit-linked insurance policies (ULIP) are endowment policies with shares in selected investment funds held by financial institutions, which combine insurance coverage with investment. Therefore, the risk related to this type of insurance is analysed as: subject of insurance risk and financial risk which determine the value of ULIP. To secure its liquidity, the insurer should take this enhanced risk. Thus, the aim of this text is to determine the appropriate capital levels which should offset the additional risk to which the insurer is exposed to in order to ensure the financial security of the insured persons and protect the insurer’s solvency

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2018

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/pn.2018.519.08

Language:

eng

Relation:

Wrocław Conference in Finance: Contemporary Trends and Challenges ; Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2018; Nr 519

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND 3.0 PL

Location:

Uniwersytet Ekonomiczny we Wrocławiu