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Martin Eling
Title
Prof. Dr.
Last Name
Eling
First name
Martin
Email
martin.eling@unisg.ch
Phone
+41 71 224 7980
Homepage
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1 - 10 of 10
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PublicationManagement Strategies and Dynamic Financial AnalysisDynamic financial analysis (DFA) has become an important tool in analyzing the financial situation of insurance companies. Constant development and documentation of DFA tools has occurred during the last years. However, several questions concerning the implementation of DFA systems have not been answered in the DFA literature to date. One such important issue is the consideration of management strategies in the DFA context. The aim of this paper is to study the effects of different management strategies on a non-life insurer's risk and return profile. Therefore, we develop several management strategies and test them numerially within a DFA simulation study.Type: journal articleJournal: VarianceVolume: 2Issue: 1
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PublicationDynamic Financial Analysis: Classification, Conception, and ImplementationDynamic financial analysis (DFA) models an insurance company's cash flow in order to forecast assets, liabilities, and ruin probabilities, as well as full balance sheets for different scenarios. In the last years DFA has become an important tool for the analysis of an insurance company's financial situation. The following article considers three aspects: First, we want to show the main drivers why DFA is of special importance today. Second, we classify DFA in the context of asset liability management and analyze its fundamental concepts. However, upon taking a closer look at DFA, we identify several implementation problems that have not yet been adequately considered in the literature. Thus, we finally discuss these areas, in particular the generation of random numbers and the modeling of nonlinear dependencies in a DFA framework.Type: journal articleJournal: Risk Management & Insurance ReviewVolume: 10Issue: 1
Scopus© Citations 7 -
PublicationType: journal articleJournal: Zeitschrift für die gesamte VersicherungswissenschaftVolume: 96Issue: 1, SupplementDOI: 10.1007/BF03353571
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PublicationType: journal articleJournal: Zeitschrift für die gesamte VersicherungswissenschaftVolume: 95Issue: 4DOI: 10.1007/BF03353521
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PublicationType: journal articleJournal: Die BetriebswirtschaftVolume: 65Issue: 3
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PublicationA Management Rule of Thumb in Property-Liability InsuranceDue to substantial changes in competition, capital market conditions, and supervisory frameworks, holistic analysis of an insurance company’s assets and liabilities takes on special relevance. An important tool in this context is dynamic financial analysis (DFA). DFA is a systematic approach to financial modeling in which financial figures are projected under a variety of possible scenarios by showing how outcomes are affected by changing internal and/or external factors. The discussion in Europe about new risk-based capital standards (Solvency II project) and the development of International Financial Reporting Standards (IFRS), as well as expanding catastrophe claims, have made DFA an useful tool for cash flow projection and decision making, especially in the non-life and reinsurance businesses (for an overview, see [2]).Type: book section
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PublicationType: newspaper articleJournal: I.VW Management InformationVolume: 29Issue: 4
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PublicationType: newspaper articleJournal: Schweizer VersicherungVolume: 20Issue: 4
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PublicationType: newspaper articleJournal: Zeitschrift für VersicherungswesenVolume: 57Issue: 18
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PublicationType: newspaper articleJournal: VersicherungswirtschaftVolume: 61Issue: 6