asymmetric information in iran’s insurance market: case study for automobile insurance in iran insurance companythis research aims to test the presence of asymmetric information by using the dynamic information of automobile policyholders in the iran insurance company (iic). the conditional independence test is conducted by bivariate probit model, the dynamic properties which are presented for ...

At Coverys, we do more than insure against risk. We combine medical professional liability insurance with industry-leading business intelligence, education and risk management tools to increase patient safety and help improve outcomes for policyholders. So you can move from risk-averse to risk-prevention. To learn how Coverys uses business intelligence to improve clinical, operational & financi...

The financial guarantees embedded in variable annuity (VA) contracts expose insurers to a wide range of risks, lapse risk being one of them. When policyholders’ lapse behavior differs from the assumptions used to hedge VA contracts, the effectiveness of dynamic hedging strategies can be significantly impaired. By studying how the fee structure and surrender charges affect surrender incentives, ...

BEA is studying proposals to change the treatment of insurance services in the national accounts. There are 5 proposed changes: investment income will be added as a supplement to the premiums paid by policyholders; investment income is to include interest, dividends and capital gains; a measure of expected investment income will be incorporated; a measure of expected claims will be incorporated...

Adverse selection has a significant influence on trading efficiency in insurance markets. Inspired by the quality identification function of the probation period in the secondhand car market, an insurance contract with a low compensation period is designed. It is proved that the contract can distinguish the risk types of the policyholders to achieve a separating equilibrium. And it can make a s...

With its promise of protection and peace mind, insurance ownership is a key component Australia’s national strategy to manage spread costs disaster recovery. We argue that an arduous confusing claims process can have profound impacts on policyholders’ capacities live safely in their homes as well physical mental health, finances, levels trust insurers. Yet there has been little empirical resear...