Optimal strategies for pricing general insurance

Optimal premium pricing strategies for competitive general insurance markets

Non-life insurance pricing depends on different costs including claim and business acquisition costs, management expenses and other parameters such as margins for fluctuations in claims experience, expected profits etc. Nevertheless, in a competitive insurance market environment, the company’s premium should respond to changes in the level of premiums being offered by competitors. In this paper...

an investigation about the appropriate stochastic modeling framework for agricultural insurance pricing

با توجه به اینکه بیمه محصولات کشاورزی در ایران بیشتر جنبه ای حمایتی دارد و خسارات گزارش شده عموما بیش از حق بیمه های دریافت شده است، در این پایان نامه به جهت تعیین قیمت بیمه محصولات کشاورزی (گندم دیم) از فرآیندهای نوفه شلیک به عنوان مدلی مناسب استفاده شده است. بر اساس داده های صندوق بیمه کشاورزی از خسارات اعلام شده در سال زراعی 1388-1389 گندم دیم، در این پایان نامه حق بیمه خالص و ناخالص این محص...

Pricing Unemployment Insurance in Iran

Abstract Employees always concern about losing their job, or in other word, losing their income resources. For this purpose, governments require strong protection system for covering these concerns. The Unemployment Insurance (UI) program’s can be used for achieving this goal. Based on article five of Iranian unemployment Insurance law, premium is four percent of employee’s salary while emplo...

Optimal Spatial Pricing Strategies with Transportation Costs

We consider an optimization problem in a given region Q where an agent has to decide the price p(x) of a product for every x ∈ Q. The customers know the pricing pattern p and may shop at any place y, paying the cost p(y) and additionally a transportation cost c(x, y) for a given transportation cost function c. We will study two models: the first one where the agent operates everywhere on Q and ...

Optimal strategies for general price-advertising models