Contents: Journal of Risk and Insurance 3/2016

• Date: 01 September 2016
• DOI: http://doi.org/10.1111/jori.12127
• Published date: 01 September 2016

CONTENTS

FEATURED ARTICLES

The Sluggish and Asymmetric Reaction of Life Annuity Prices to Changes in Interest Rates . . . . . . . . . . . . . . 519

Narat Charupat

Mark J. Kamstra

Moshe A. Milevsky

A Test of Asymmetric Learning in Competitive Insurance With Partial Information Sharing. . . . . . . . . . . . . . 557

Peng Shi

Wei Zhang

The Impact of the Financial Crisis and Natural Catastrophes on CAT Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . 579

Marc Gürtler

Martin Hibbeln

Christine Winkelvos

Estimation of Truncated Data Samples in Operational Risk Modeling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 613

Bakhodir Ergashev

Konstantin Pavlikov

Stan Uryasev

Evangelos Sekeris

Assessing the Risks of Insuring Reputation Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 641

Nadine Gatzert

Joan T. Schmit

Andreas Kolb

Cross-Industry Product Diversifi cation and Contagion in Risk and Return: The Case of Bank-Insurance

and Insurance-Bank Takeovers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 681

Elyas Elyasiani

Sotiris K. Staikouras

Panagiotis Dontis-Charitos

Self-Insurance, Self-Protection, and Saving: On Consumption Smoothing and Risk Management . . . . . . . . . 719

Annette Hofmann

Richard Peter

An Extreme Value Approach for Modeling Operational Risk Losses Depending on Covariates . . . . . . . . . . . . . 735

Valérie Chavez-Demoulin

Paul Embrechts

Marius Hofert

The Valuation of Lifetime Health Insurance Policies With Limited Coverage . . . . . . . . . . . . . . . . . . . . . . . . . . . 777

Shang-Yin Yang

Chou-Wen Wang

Hong-Chih Huang

515