Aspects of Decisions in the Field of Insurance

Journal Title: Revista Romana de Statistica - Year 2015, Vol 63, Issue 10

Abstract

The objective of this presentation consists in combining theoretical notions relating to insurance, their role in the economy and forms of expression with a practical study on how action in order to adopt the best in this field. Aggregating multiple risks insurance policyholders, insurers can take advantage of the law of large numbers, as long as there is a strong correlation between the different risks insured in insurance policyholders. In this way, insurers can diversify their risk.

Authors and Affiliations

Diana SOARE (DUMITRESCU), Alexandru URSACHE, Olivia Georgiana NIŢĂ

Keywords

Related Articles

IT&C platform used in projects financed from European Union Funds

This article describe a possible on-line platform which on one hand is supposed to be used be the Small and Medium Enterprise’s in order to determine if their projects are suitable for financing, and on the other hand by...

Social media in Romanian public administration – case study: National Institute of Statistics

Social media offers great opportunities especially, considering widening transparency in public administration. Given the importance, the challenges and the complexity of social media-based communication in public admini...

An Assessment of Three Northeast Asian Economies’ Total Factor Productivity

East Asian economies have achieved spectacular growth rates in a relatively short timespan outstripping the rest of the developing world. Hence the concern of both scholarly and policymaking circles for their peculiar de...

METHODS AND TECHNIQUES FOR QUANTIFYING THE VALUE OF ECOSYSTEM SERVICES

To quantify ecosystem services several methods have been developed, that succeed to address almost the entire range of ecosystems’ benefits for human. Using these methods has gained popularity in both developed and devel...

CAPM Evaluating Relation

Considering as starting point the theory developed by H.Markowitz in the years ΄50, J.Treynor (1962), W. Sharpe (1964), J. Lintner (1965) and J. Moshin (1966) have elaborated the famous model for evaluating the financia...

Download PDF file
  • EP ID EP111847
  • DOI -
  • Views 130
  • Downloads 0

How To Cite

Diana SOARE (DUMITRESCU), Alexandru URSACHE, Olivia Georgiana NIŢĂ (2015). Aspects of Decisions in the Field of Insurance. Revista Romana de Statistica, 63(10), 22-26. https://europub.co.uk/articles/-A-111847