This paper described the development of a model which determines the financial solidity of
Dutch non-life insurers. Since bankruptcies of Dutch insurance companies are very rare, the …

Compensating for the devastating impacts of heatwaves, hurricanes and floods after they
occur is too slow. With climate risks accelerating, the world must predict who needs funds …

The authors propose the use of goal based investing--or private ALM, as they prefer to call it--to
tailor a dynamic investment strategy to the needs of individual clients. They argue that …

This paper describes a model which can be used by the Dutch insurance supervisor to determine
the priority a non-life insurer should have for further examination. This model combines …

This paper illustrates the potential impacts of climate change on financial markets, focusing
on their long-term significance. It uses a top-down modelling tool developed by Ortec …

A well-founded risk management process is necessary to meet the Markets in Financial
Instruments Directive (MiFID) suitability requirements. In this article, we describe how risk …

In recent years, a limited number of standardized hybrid forms of sale have emerged. We
will discuss three of these types, namely Koopgarant, Koop Goedkoop and Sociale Koop. A …

We propose a novel and intuitive risk-neutral valuation model for real estate derivatives. We
first model the underlying efficient market price of real estate and then construct the …

With asset liability management (ALM), all the relevant asset and liability classes are
managed in an integrated fashion. We describe an ALM model for housing associations. This …

In several countries the economic crisis has again confronted homeowners with the risks of
their ownership. Price-increases are not self-evident. The uncertainty of the costs of home …