A simple formula for non-discriminatory insurance pricing is introduced. This formula is based on the assumption that … certain individual (discriminatory) policyholder information is not allowed to be used for insurance pricing. The suggested …

We examine the long run performance of Mamp;A transactions in the property-liability insurance industry. We …

developed an optimal audit policy for the scoring methodology. Our application is meant for the audit of insurance fraud but can … obtained with data from a large European insurance company. First, we are able to compute a critical suspicion index for fraud …

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and then summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …

Changes in mortality rates have an impact on the life insurance industry, the financial sector (as a significant …. Thus, the pricing of financial, pension and insurance products that are contingent upon survival or death and which is … life insurance), and the actuarial reserve. Finally, several tables and figures illustrate the main findings of this paper …

requirements, focused on banks as well as insurance sector, have been developed. These regulatory are concentrated essentially on … insurance industry. These requirements have influenced the asset allocation issue in insurance industry. This section is …

Direct compensation or the direct reimbursement scheme is an indemnity insurance method that many European and American … countries use to manage motor liability claims in which the driver that suffers an accident is paid by his/her insurance company …