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Risk Considerations in Insurance Ratemaking
12 references·0 citing·38 second hop
Risk Considerations in Insurance Ratemaking (1992)Risk Considerations in Insurance Ratemaki…National Association of Insurance Commissioners (2016)National Association of Insur…Capital Markets: Theory and Evidence (2003)Capital Markets: Theory and E…Cartels, competition and regulation in the property-liability insurance industry (1992)Cartels, competition and regu…The Association Between Market-Determined and Accounting-Determined Measures of Systematic Risk: Some Further Evidence (1975)The Association Between Marke…MARKET EFFICIENCY AND THE COST OF CAPITAL: THE STRANGE CASE OF FIRE AND CASUALTY INSURANCE COMPANIES (1975)MARKET EFFICIENCY AND THE COS…Studies in the Theory of Capital Markets. (1973)Studies in the Theory of Capi…Cartels, Competition and Regulation in the Property-Liability Insurance Industry (1973)Cartels, Competition and Regu…The capital asset pricing model: Some empirical tests (1972)The capital asset pricing mod…Capital Markets: Theory and Evidence (1972)Capital Markets: Theory and E…Capital Market Equilibrium with Restricted Borrowing (1972)Capital Market Equilibrium wi…ON THE THEORY OF FINANCIAL INTERMEDIATION (1971)ON THE THEORY OF FINANCIAL IN…The Association Between Market Determined and Accounting Determined Risk Measures. (1970)The Association Between Marke…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)Fallacy of the log-normal approximation to optimal portfolio decision-making over many periods (1974)The Capital Asset Pricing Model and the Investment Horizon (1977)Asset Pricing in a Production Economy with Incomplete Information (1986)Portfolio Selection: Efficient Diversification of Investments (1959)An Intertemporal Capital Asset Pricing Model (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)On the Application of Portfolio Theory to Depository Financial Intermediaries (1974)Formulation of the Russell-Yasuda Kasai Financial Planning Model (1998)The cost of capital, corporation finance and the theory of investment (2008)Credit risk management and profitability of Commercial banks in kenya (2010)Barriers to New Competition (1957)Industrial Market Structure and Economic Performance. (1971)The Economics of Regulation: Principles and Institutions (1972)Optimal Insurance Policy Indemnity Schedules (1983)Price Dispersion in an Automobile Insurance Market (1986)The Coexistence of Multiple Distribution Systems for Financial Services: The Case of Property‐Liability Insurance (1997)The Behavior of Stock-Market Prices (1965)Environmental purchasing and firm performance: an empirical investigation (2000)Accounting Discretion, Corporate Governance, and Firm Performance* (2008)The Impact of Corporate Social Performance on Financial Risk and Utility: A Longitudinal Analysis (2012)Multivariate tests of financial models (1982)Mean-Variance Spanning (1987)Consistent Covariance Matrix Estimation with Cross-Sectional Dependence and Heteroskedasticity in Financial Data (1989)The arbitrage theory of capital asset pricing (1976)Accounting Betas, Systematic Operating Risk, and Financial Leverage: A Risk-Composition Approach to the Determinants of Systematic Risk (1980)THE ROLE OF RISK IN EXPLAINING DIFFERENCES IN PROFITABILITY. (1987)Strategic orientations, competitive advantage, and business performance (1995)A note on the relative efficiency of property-liability insurance distribution systems (1979)Investment Income and Profit Margins in Property-Liability Insurance: Theory and Empirical Results (1987)THE IMPACT OF SOCIAL MOVEMENTS ON ORGANIZATIONS: ENVIRONMENT AND RESPONSES (2005)Stock prices, inflation, and the term structure of interest rates (1974)The information content of discounts and premiums on closed-end fund shares (1978)
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References

  • 1972Capital Market Equilibrium with Restricted Borrowing3,097 cited
  • 1972The capital asset pricing model: Some empirical tests2,705 cited
  • 1973Studies in the Theory of Capital Markets.908 cited
  • 1970The Association Between Market Determined and Accounting Determined Risk Measures.573 cited
  • 1992Cartels, competition and regulation in the property-liability insurance industry291 cited
  • 1971ON THE THEORY OF FINANCIAL INTERMEDIATION283 cited
  • 2003Capital Markets: Theory and Evidence275 cited
  • 1972Capital Markets: Theory and Evidence235 cited
  • 1973Cartels, Competition and Regulation in the Property-Liability Insurance Industry225 cited
  • 1975The Association Between Market-Determined and Accounting-Determined Measures of Systematic Risk: Some Further Evidence214 cited
  • 2016National Association of Insurance Commissioners208 cited
  • 1975MARKET EFFICIENCY AND THE COST OF CAPITAL: THE STRANGE CASE OF FIRE AND CASUALTY INSURANCE COMPANIES42 cited

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