Pareto‑optimal Reinsurance Under Individual Risk Constraints
"This paper studies the design of Pareto‑optimal reinsurance contracts in a market where the insurer and reinsurer maximize their expected utilities of end‑of‑period wealth. In addition, we assume that the insurer and reinsurer wish to control their solvency risks, which are defined through distortion risk measures of their end‑of‑period risk exposures."