(Re)insurance captives, efficiency and moral hazard. An attractive manner of risk financing and risk management for companies in certain circumstances

Article English OPEN
Wim Weterings (2014)
  • Publisher: Publishing house "Virtus Interpress"
  • Journal: Risk Governance & Control: Financial Markets & Institutions (issn: 2077-429X, eissn: 2077-4303)
  • Related identifiers: doi: 10.22495/rgcv4i1art1
  • Subject: Reinsurance | Moral Hazard | Risk Management | Finance | HG1-9999

In this study the contribution is intended to provide more clarity and to demonstrate that under certain circumstances an insurance captive can have important efficiency effects and, among other things, a positive effect on moral hazard and adverse selection. For the pu... View more
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