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	<title><![CDATA[business operations and university of new south wales Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/business+operations+and+university+of+new+south+wales.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to business operations and university of new south wales]]></description>
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		<title><![CDATA[Spatial Risk Smoothing]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108848]]></link>
		<description><![CDATA[This paper describes a method for estimating insurance claims or risk premiums allowing for spatial dependence as well as explanatory factors. The concepts are related to those used for graduation of mortality tables using cubic splines but extended to spatial dependence as found in many insurance products. Firstly techniques for...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Tue, 02 Nov 2004 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/dependence.html"><![CDATA[Dependence]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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		<title><![CDATA[Kalman-Bucy Filtering for Linear Systems Driven by the Cox Process With Shot Noise Intensity and Its Application to the Pricing of Reinsurance Contracts]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=109375]]></link>
		<description><![CDATA[In practical situations, the number of claims to an insurance portfolio is observed but not the claim intensity. It is therefore of interest to try to solve the filtering problem, that is to obtain the best estimate of the claim intensity on the basis of reported claims. This paper states...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Fri, 17 Sep 2004 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/intensity.html"><![CDATA[Intensity]]></category>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/reinsurance.html"><![CDATA[Reinsurance]]></category>
		<category domain="http://resources.bnet.com/topic/pricing+strategy.html"><![CDATA[Pricing Strategy]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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		<title><![CDATA[The Distribution of the Interval of the Cox Process With Shot Noise Intensity for Insurance Claims and its Moments]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=109376]]></link>
		<description><![CDATA[Applying piecewise deterministic Markov processes theory, the probability generating function of the Cox process, incorporating with shot noise process as the claim intensity, is obtained. The paper also derives the Laplace transform of the distribution of the shot noise process at claim jump times, using stationary assumption of the shot...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 25 Aug 2004 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/noise+intensity.html"><![CDATA[Noise Intensity]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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	<item>
		<title><![CDATA[Insurance and Asset Pricing in Incomplete Markets With Heavy Tailed Risks]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108843]]></link>
		<description><![CDATA[A model for pricing risks in incomplete markets using prices for traded assets and allowing for heavy tailed risks is developed. The approach used is based on an approximation that collapses to the CAPM for multi normal portfolios. The pricing result is derived as an approximation using elliptical distributions and...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Tue, 18 May 2004 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/asset.html"><![CDATA[Asset]]></category>
		<category domain="http://resources.bnet.com/topic/risk.html"><![CDATA[Risk]]></category>
		<category domain="http://resources.bnet.com/topic/asset+pricing.html"><![CDATA[Asset Pricing]]></category>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/pricing+strategy.html"><![CDATA[Pricing Strategy]]></category>
		<category domain="http://resources.bnet.com/topic/asset+management.html"><![CDATA[Asset Management]]></category>
		<category domain="http://resources.bnet.com/topic/pricing.html"><![CDATA[Pricing]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/marketing+research.html"><![CDATA[Marketing Research]]></category>
		<category domain="http://resources.bnet.com/topic/strategy.html"><![CDATA[Strategy]]></category>
		<category domain="http://resources.bnet.com/topic/operational+planning.html"><![CDATA[Operational Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/marketing.html"><![CDATA[Marketing]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/management.html"><![CDATA[Management]]></category>
	</item>
	<item>
		<title><![CDATA[Risk-Based Regulatory Capital for Insurers]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108842]]></link>
		<description><![CDATA[This paper studies the issues in determining regulatory capital requirements using advanced modeling by assessing and comparing capital requirements under the two alternative approaches. A Dynamic Financial Analysis DFA model is used for this paper. These issues are of current international interest as regulators, insurers and actuaries face the significant...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 24 Mar 2004 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/insurance+company.html"><![CDATA[Insurance Company]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
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		<title><![CDATA[Solvency, Capital Allocation and Fair Rate of Return in Insurance]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108840]]></link>
		<description><![CDATA[This paper considers the links between solvency, capital allocation and fair rate of return in insurance. A method to allocate capital in insurance to lines of business is developed based on an economic definition of solvency and the market value of the insurer balance sheet. Solvency, and its financial impact,...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 15 Jan 2004 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/allocation.html"><![CDATA[Allocation]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/balance+sheets.html"><![CDATA[Balance Sheets]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+statements.html"><![CDATA[Financial Statements]]></category>
		<category domain="http://resources.bnet.com/topic/financial+accounting.html"><![CDATA[Financial Accounting]]></category>
	</item>
	<item>
		<title><![CDATA[Linking Requirements Goal Modeling Techniques To Strategic e-Business Patterns And Best Practice]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=283443]]></link>
		<description><![CDATA[We propose that requirements for strategic-level IT systems for e-business can be linked to business strategy via techniques in goal modeling. We further propose that there exist repeating patterns of best practice in business strategy, which are based on recurring business models. These patterns have both direct and indirect implications...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 14 Aug 2003 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/pattern.html"><![CDATA[Pattern]]></category>
		<category domain="http://resources.bnet.com/topic/best+practice.html"><![CDATA[Best Practice]]></category>
		<category domain="http://resources.bnet.com/topic/modeling.html"><![CDATA[Modeling]]></category>
		<category domain="http://resources.bnet.com/topic/e-business.html"><![CDATA[E-business]]></category>
		<category domain="http://resources.bnet.com/topic/business+strategy.html"><![CDATA[Business Strategy]]></category>
		<category domain="http://resources.bnet.com/topic/research+%2526+development.html"><![CDATA[Research & Development]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
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		<title><![CDATA[Equilibrium Insurance Pricing, Market Value of Liabilities & Optimal Value of Market Capitalization]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108851]]></link>
		<description><![CDATA[This paper reviews an insurance pricing model for a simple one period economy with shares in productive firms, insurance firm?s real estate. The paper considers the valuation of insurance firm?s liabilities in the model and in the optimal capitalization of the firm. The relationship of the results to standard financial...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 05 Jun 2003 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/market+capitalization.html"><![CDATA[Market Capitalization]]></category>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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	<item>
		<title><![CDATA[Encyclopedia of Actuarial Science Asset Management]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=108849]]></link>
		<description><![CDATA[Asset management is integral to the actuarial management of any financial security system, although the earliest practical developments took place in life insurance. In more recent years there has been an increased integration of modern financial theories into actuarial science & the adoption of actuarial techniques in areas of asset...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Mon, 24 Mar 2003 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/asset.html"><![CDATA[Asset]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/asset+management.html"><![CDATA[Asset Management]]></category>
		<category domain="http://resources.bnet.com/topic/operational+planning.html"><![CDATA[Operational Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
	</item>
	<item>
		<title><![CDATA[Stochastic Control Theory for Optimal Investment]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=136837]]></link>
		<description><![CDATA[This paper illustrates the application of stochastic control methods in ruin theory. It presents concepts, such as the Hamilton-Jacobi-Bellman equation, and reviews recent results to illustrate their use in ruin theory. In particular, given an insurance business and a fixed amount for investment in a portfolio consisting of one riskless...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Mon, 11 Nov 2002 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/theory.html"><![CDATA[Theory]]></category>
		<category domain="http://resources.bnet.com/topic/university+of+new+south+wales.html"><![CDATA[University Of New South Wales]]></category>
		<category domain="http://resources.bnet.com/topic/asset+management.html"><![CDATA[Asset Management]]></category>
		<category domain="http://resources.bnet.com/topic/insurance.html"><![CDATA[Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/investment.html"><![CDATA[Investment]]></category>
		<category domain="http://resources.bnet.com/topic/operational+planning.html"><![CDATA[Operational Planning]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
		<category domain="http://resources.bnet.com/topic/corporate+insurance.html"><![CDATA[Corporate Insurance]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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