Attention deficit/hyperactivity disorder (AD/HD) encompasses a wide clinical spectrum which can have major significance in the underwriting process of insurance. Recent studies suggest that there is evidence of familial incidence for AD/H D as well as association with affective disorders. The combination of depression and AD/HD is associated with a higher incidence of completed suicide than wit...

The application of utility theory to insurance is incomplete without the inclusion of the structure of risk sharing; to limit the use of utility to accept or reject decisions misses its power to explain the real world of excess insurance and reinsurance. The fine subdivision of risk which is routinely achieved bv insurance institutions can be explained on this basis. Practica1 methods of evalua...

El presente trabajo trata sobre el uso de la cláusula mejores esfuerzos (best efforts) en práctica corporativa y financiera. Para ello, se desarrolla a los best efforts según americana e inglesa para luego analizar cómo dicha anglosajona puede ser entendida general jurisdicciones civilistas. Finalmente, analiza concreto hell or high water al contrato underwriting.

Precision cosmological data hint that a dark energy with equation of state w = P/ρ < −1 and hence dubious stability is viable. Here we discuss for any w nucleation from Λ > 0 to Λ = 0 in a first-order phase transition. The critical radius is argued to be at least of galactic size and the corresponding nucleation rate glacial, thus underwriting the dark energy’s stability and rendering remote an...

It has long been known that maximum likelihood estimation in a Poisson model reproduces the chain-ladder technique. We revisit this model. A new canonical parametrisation is proposed to circumvent the inherent identification problem in the parametrisation. The maximum likelihood estimators for the canonical parameter are simple, interpretable and easy to derive. The boundary problem where all o...