This chapter discusses the relationship between the market value of insurance company owners’ equity and various components that contribute to that value. The effect of firm insolvency risk on each component of value is discussed in turn. One natural consequence of this analysis is a conceptual framework for estimating the value of insurance liabilities.
Jonathan Rajewski joins CRA's Forensic Services Practice
CRA is pleased to announce that Jonathan Rajewski has joined the company as a Vice President in the Forensic Services Practice. Mr. Rajewski will be based in...