Iyidogan, Engin; Amini, Hamed; Minca, Andreea; Deguest, … - 2023
We study blockchain adoption in insurance-reinsurance markets. Unlike standard operational costs related to claim … processing that scale linearly with the volume of claims, blockchain operating costs per firm are independent of claim volume and … aversions of insurance companies, the distributions of their potential losses and the blockchain cost structure. Under the …