Value-Oriented Risk Management of Insurance Companies

  • Marcus Kriele
  • Jochen Wolf

Part of the EAA Series book series (EAAS)

Table of contents

  1. Front Matter
    Pages I-XII
  2. Marcus Kriele, Jochen Wolf
    Pages 1-16
  3. Marcus Kriele, Jochen Wolf
    Pages 17-72
  4. Marcus Kriele, Jochen Wolf
    Pages 73-101
  5. Marcus Kriele, Jochen Wolf
    Pages 103-195
  6. Marcus Kriele, Jochen Wolf
    Pages 197-236
  7. Marcus Kriele, Jochen Wolf
    Pages 237-269
  8. Marcus Kriele, Jochen Wolf
    Pages 271-312
  9. Marcus Kriele, Jochen Wolf
    Pages 313-333
  10. Back Matter
    Pages 335-378

About this book


Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk.

This book provides the required basic knowledge for this subject from an actuarial perspective. It enables the reader to implement in practice a risk management system that is based on quantitative methods. With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management.

Value- Oriented Risk Management of Insurance Companies focuses on risk capital, capital allocation, performance measurement and value-oriented management. It also makes a connection to regulatory developments (for example, Solvency II). The reader should have a basic knowledge of probability and familiarity with mathematical concepts. It is intended for working actuaries and quantitative risk managers as well as actuarial students.


Capital Allocation Economic Capital Enterprise Risk Management Quantitative Methods in Risk Management Regulatory Capital Risk Management Risk Measures Solvency II Swiss Solvency Test (SST) Value Based Management

Authors and affiliations

  • Marcus Kriele
    • 1
  • Jochen Wolf
    • 2
  1. 1.HobokenUSA
  2. 2.Fachbereich Mathematik und TechnikRemagenGermany

Bibliographic information

Industry Sectors
Finance, Business & Banking