Reinsurance spiral and its contagion effect - Kenyan Insurance industry

dc.contributor.authorLangat, Faith Cherotich
dc.date.accessioned2016-03-04T15:57:49Z
dc.date.available2016-03-04T15:57:49Z
dc.date.issued2015
dc.descriptionSubmitted in partial fulfillment of the requirements for the Degree of BBS - Actuarial Science Degree at Strathmore Universityen_US
dc.description.abstractThe purpose of this study is to identify potential reinsurance spirals and the different contagion effects of failed reinsurance covers on the stability of Kenyan insurers. The study looks at the Kenyan insurance market as a possible market for the existence of a spiral and based on simulated effects such as failure of one reinsurer, establish the influence levels on their stability of the insurers it covers. Also considered is the influence of regulations on reinsurance arrangements. A sample of reinsurance companies based on their market share will be used to assess the direct effect on insurers' financial position the extent to which they are affected a particular shock in the insurance industry, looking at the solvency, profitability, capital and size of the company. Based on the results it shows that there is no significant level of systematic risk within the insurance market and that very little effect resulting from the failure of individual reinsurance companies occurs.en_US
dc.identifier.urihttp://hdl.handle.net/11071/4291
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectReinsuranceen_US
dc.subjectCatastrophic lossesen_US
dc.subjectRetrocessionen_US
dc.subjectContagionen_US
dc.titleReinsurance spiral and its contagion effect - Kenyan Insurance industryen_US
dc.typeOtheren_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Reinsurance spiral and its contagion effect - Kenyan Insurance industry.pdf
Size:
5.96 MB
Format:
Adobe Portable Document Format
Description:
Full - text undergraduate research project