classification may reduce informational asymmetry-induced adverse selection and improve insurance market efficiency. It may also have … undesirable equity consequences and undermine the implicit insurance against reclassification risk which legislated restrictions … on risk classification could provide. We use a canonical insurance market screening model to survey and to extend the …

medical insurance. We find that both the level and the shape of the distribution of risk are important in determining the … equilibrium quantity of insurance. Symmetric changes in risk (e.g., shifts in the price of medical care) better explain the … shifting insurance rate over time. Asymmetric changes (e.g., associated with a shifting age distribution) are not as important. …

our lifestyle and daily habits, aim to decrease the risk of developing obesity, cancer or cardiovascular diseases in the …

in the prevalence of catastrophic health expenditures reflecting the capacity of the main public health insurance schemes … recent study of the Social Health Insurance (SHI) and Universal Coverage (UC) schemes, identifying the key features of these …

This paper estimates a reduced-form model to assess the credit risk of General Insurance (GI) non-life firms in the UK … insurance firms. The implications of these findings for regulators of GI firms under the coming Solvency II are discussed. …