223038 (E10) Pooling and separating equi
✦ LIBER ✦
093047 (E10) Consumer risk perceptions and information in insurance markets with adverse selection : Ligon J.A, Thistle P.D., The Geneva Papers on Risk and Insurance Theory, Vol. 21, No 2, 1996, pp. 191–210
- Publisher
- Elsevier Science
- Year
- 1997
- Tongue
- English
- Weight
- 80 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0167-6687
No coin nor oath required. For personal study only.
✦ Synopsis
creased understanding of that business is critical to continued success for both reinsurers and their clients. The purpose of this paper is to describe a framework for an integrated pricing and reserving process on a individual risk basis. Utilizing this framework, increasing levels of sophistication and knowledge can be brought to bear, risk by risk, on understanding a reinsurer's book of business.
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## 267 several carcinogens, these upper bounds are often summoned to estimate overall risk. This begs the question of whether a sum of upper bounds is itself a plausible estimate of overall risk. This question can be asked in two ways: whether the sum yields an improbable estimate of overall risk