COVID-19, insurer board utility, and capital regulation

This paper develops a down-and-out call option model by introducing a structural break in volatility to capture the coronavirus (COVID-19) outbreak. The life insurer's equity and its board's utility are evaluated at the optimal guaranteed rate in the equity maximization. Results suggest th...

Descripción completa

Detalles Bibliográficos
Autores principales: Li, Xuelian, Lin, Panpan, Lin, Jyh-Horng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2020
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7299873/
https://www.ncbi.nlm.nih.gov/pubmed/32837371
http://dx.doi.org/10.1016/j.frl.2020.101659

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7299873/
https://www.ncbi.nlm.nih.gov/pubmed/32837371
http://dx.doi.org/10.1016/j.frl.2020.101659

Ejemplares similares