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Moral hazard in reinsurance markets
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MAP20071507383
Doherty, Neil A. ‌
Moral hazard in reinsurance markets / Neil Doherty, Kent Smetters
The articles focuses on the moral hazard in the reinsurance market, wich the authors believe might help to explain the emergence of securitized insurance instruments. The idea that insurance - and, by extension, reinsurance -might lead to moral hazard is, of course not new. This article, however, provides empirical evidence of moral hazard in the reinsurance market. They test to see if reinsurers control for moral hazard by using loss-sensitive future premiums and-or by monitoring
En: The Journal of risk and insurance. - Orlando. - Volume 72, number 3, September 2005 ; p. 375-391
1. Reaseguro ‌. 2. Mercado de seguros ‌. 3. Riesgo moral ‌. 4. Modelos de análisis ‌. 5. Asegurabilidad ‌. I. Smetters, Kent ‌. II. Title. III. Título: The Journal of risk and insurance.