The Firm-Value Risk Model combines the technology of actuarial optimal dividends models with insights regarding financial frictions from financial economics, especially as they apply to risk transfer in (re)insurance firms. This paper illustrates, by numerical solution of a set of case studies, how certain stylized facts about (re)insurer value emerge naturally from the Firm-Value Risk Model, specifically: (1) the concave relationship between firm value and financial slack (2) the convex relationship between firm value and risk, (3) the substitution of external capital for reinsurance, and (4) the irrelevance of risk management when external capital is freely available, even in the presence of customer risk aversion.