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purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured's actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …
Persistent link: https://www.econbiz.de/10010441548
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …
Persistent link: https://www.econbiz.de/10010442184
purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured's actual expenses, i. e., the insured would be partially or completely … reimbursed when purchased certain goods. In this setting we discuss the interaction between insurance and repair markets by …
Persistent link: https://www.econbiz.de/10010307629
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …
Persistent link: https://www.econbiz.de/10010307645
risk, an important advantage of cat bonds can be seen in presumably lower risk premiums compared to (re)insurance products … analyze cat bonds and reinsurance as substitutional risk management tools in a standard insurance demand theory environment …
Persistent link: https://www.econbiz.de/10010307646
purchases a good to compensate consequen¬ces of unfavorable events, such as an accident or an illness. Insurance policies in … most lines of insurance base indemnity on the insured’s actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …
Persistent link: https://www.econbiz.de/10010427721
security used to hedge the risk is similar to a CAT bond. This work looks at the incentives associated with insurance …
Persistent link: https://www.econbiz.de/10010427722
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …
Persistent link: https://www.econbiz.de/10010427742
transaction costs compared to (re)insurance products. Insurance coverage usually incurs costs of acquisition, monitoring and loss … tools in a standard insurance demand theory environment. We concentrate on the problem of basis risk versus transaction cost …
Persistent link: https://www.econbiz.de/10010316284
Persistent link: https://www.econbiz.de/10003834358