Lecture 1: Introduction (Monday, 27/5/2013: 10 a.m. - 1 p.m. )

• Insurance Economics (Acrobat Acrobat (PDF) Format)
• Insurance Demand Spreadsheet

Lecture 2: Financial Pricing Models and Capital Allocation, part 1 (Wednesday, 29/5/2013: 1 p.m. - 4 p.m.)

• Application of Options Theory to Insurance (Acrobat Acrobat (PDF) Format) 
• Price Regulation in Property-Liability Insurance: A Contingent Claims Approach (Acrobat Acrobat (PDF) Format) 
• Binomial Options Pricing Model Spreadsheet
• Brownian Motion Spreadsheet

Lecture 3: Financial Pricing Models and Capital Allocation, part 2 (Thursday, 6/6/2013: 10 a.m. - 1 p.m.)

• Financial Pricing of Insurance in the Multiple-Line Insurance Company (Acrobat Acrobat (PDF) Format) 
• Capital Allocation for Insurance Companies (Acrobat Acrobat (PDF) Format)

Lecture 4: Corporate Risk Management (Thursday, 13/6/2013: 10 a.m. - 1 p.m)

• Why is Risk Costly to Firms? (Acrobat Acrobat (PDF) Format)
• The Underinvestment Problem, Bond Covenants and Insurance
• Tax Options Spreadsheet

Lecture 5: Corporate Risk Management and Reinsurance (Monday, 17/6/2013: 1 p.m. - 4 p.m.)

• Noise Hedging and Executive Compensation
• The Demand For Reinsurance: Theory and Empirical Tests (Adobe Acrobat (PDF) Format)
• Reinsurance, Taxes, and Efficiency: A Contingent Claims Model of Insurance Market Equilibrium (Acrobat Acrobat (PDF) Format)