| Abstract [eng] |
The master thesis analyses the inflation risk management in the context of the non life insurers’ investment portfolio. The first part deals with the classification of the insurance business risks and the possible impact of inflation on non-life companies. The aim is to assess how the balance of the non-life insurance companies' assets and liabilities can be affected by changes in inflation. The second part contains information about the insurers diversified investment portfolio design and discusses about the optimal portfolio concept. The third part represents the result of the inflation linked securities analysis, in order to include them into the non-life insurance company's investment portfolio as purpose to reduce the potential negative effects of inflation. Also this part estimates the possible changes of portfolio value in different market scenarios in order to understand or this inflation hedging strategy is reasonable. The conclusions and the suggestions of this paper are based on results of analysis of theoretical and practical aspects The structure of the thesis: introduction, three main parts, conclusions and suggestions, references. The size of the thesis – 61 pg. excluding appendixes, 15 figures, 10 tables, 58 source of literature. Appendixes are presented separately. |
