Optimal Investment with Multiple Risky Assets for an Insurer in an Incomplete Market

Table 1

Stocks in a complete market.

Industry	Company	Code
Aerospace and defense	Honeywell Intl.	HON
Automanufactures	Toyota Motor Corp. ADR	TM
Biotechnology and drug manufacturers	Johnson & Johnson	JNJ
Chemicals	EI DuPont de Nemours & Co.	DD
Communication equipment	Qualcomm	QCOM
Computer software	Microsoft	MSFT
Discount	Wal-Mart Stores Inc.	WMT
Diversified computer systems	Hewlett-Packard Co.	HPQ
Major integrated oil and gas	BP Plc.	BP
Semiconductor-broad line	Intel Corp.	INTC
Telecom services	AT & T	T
Utilities (gas and electric)	Duke Energy Corporation	DUK