Showing 1 - 10 of 93
Persistent link: https://www.econbiz.de/10001710598
This paper examines whether risk-based pricing promotes risk-reducing effort. Such mechanisms are common in private insurance markets, but are rarely incorporated in government assurance programs. We analyze accidental underground fuel tank leaks--a source of environmental damage to water...
Persistent link: https://www.econbiz.de/10013158694
This paper provides stakeholders with a practical framework, informed by the recent experience with COVID-19, for defining a meaningful role for insurance in managing business interruption (BI) and other risks from future pandemics. The insurance industry will be part of that solution set,...
Persistent link: https://www.econbiz.de/10013222147
This paper examines whether risk-based pricing promotes risk-reducing effort. Such mechanisms are common in private insurance markets, but are rarely incorporated in government assurance programs. We analyze accidental underground fuel tank leaks--a source of environmental damage to water...
Persistent link: https://www.econbiz.de/10012463550
Persistent link: https://www.econbiz.de/10011367056
Persistent link: https://www.econbiz.de/10013465895
Persistent link: https://www.econbiz.de/10008655945
empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We … combine demand and supply data and apply a simultaneous-equation approach to address the problem of endogenous premium … decisions. The main finding is that demand for property and catastrophe insurance are not very different and that the demand for …
Persistent link: https://www.econbiz.de/10009312782
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a … unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for … have some catastrophe coverage. Corporate demand for catastrophe insurance is found to be more price inelastic than …
Persistent link: https://www.econbiz.de/10009733208
empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We … combine demand and supply data and apply a simultaneous-equation approach to address the problem of endogenous premium … decisions. The main finding is that demand for property and catastrophe insurance are not very different and that the demand for …
Persistent link: https://www.econbiz.de/10013120307