Pricing of General Insurance and the Impact of Asymmetric Information
Year: 2010
Type: dissertation
Abstract: To set the insurance premium correctly is of outmost importance on a competitive insurance market. Hence the overall objective of this thesis is to improve the pricing, first by using individual claims information, and second by using information about the individuals choice of coverage. Regarding how to use claims information, the quotation above raises a lot of questions: What information lyes in an occured event? When is an accident to be regarded as misfortune and when is it to be regarded as due to carelessness? How much can we rely on information given?
Author: Martin Englund
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2182610351