This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex … ante moral hazard) and claim (ex post moral hazard) choices and Dutch longitudinal micro data. We use the theory to …

We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …

distant insurance markets via equity returns. In particular, we employ conditional copula theory to model the bivariate …We study the possibility for international diversification of catastrophe risk by the insurance sector. Adopting the … argument that large insurance losses may be a `globalizing factor' for the industry, we study the dependence of geographically …

Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …

for insurance companies to implement and take so much time that they cannot obtain information and take actions in a …

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

We formally link insurance markets with product markets and identify a demand effect of insurance: if risk …-averse consumers can buy insurance against possible product failure, there will be some additional consumers that buy the product … have a higher willingness to pay if they can also buy insurance. But a higher price causes those consumers to leave the …

the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …