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Rationale of underwriters' pricing conduct on competitive insurance market
Recurso electrónico / electronic resource
MAP20130032870
Malinovskii, Vsevolod K. ‌
Rationale of underwriters' pricing conduct on competitive insurance market / Vsevolod K. Malinovskii
Sumario: Underwriters'desire to show a good annual review is known to be a rationale of the aggressive pricing conduct. On the competitive insurance market, it impacts the global insurance processes and can lead to the competition-originated underwriting cycles. Applying Lundberg's model of the annual probability mechanism of insurance, we model the influence of a price reduction on migration and consequently on the company's annual expansion, revenue and solvency
En: Insurance : mathematics and economics. - Oxford : Elsevier, 1990- = ISSN 0167-6687. - 02/09/2013 Volumen 53 Número 2 - septiembre 2013 , p. 325-334
1. Empresas de seguros ‌. 2. Mercado de seguros ‌. 3. Modelos analíticos ‌. 4. Matemática del seguro ‌. 5. Tarificación ‌. 6. Competitividad ‌. I. Title.