Centro de Documentacion de Fundación MAPFRE - Typhoons and opportunistic fraud : claim patterns of automobile theft insurance in Taiwan

MAP20140015535

Typhoons and opportunistic fraud : claim patterns of automobile theft insurance in Taiwan / Tsung-I Pao, Larry Y. Tzeng, Kili C. Wang

Sumario: We present evidence to support the existence of opportunistic fraud in the automobile theft insurance market in Taiwan. After encountering a typhoon hit, the insured who purchase automobile theft insurance but do not purchase typhoon/flood insurance tend to have a significantly higher probability of filing a total theft claim than other insured. The above relationship exists mainly in places affected by typhoons. Such evidence does not exist in partial theft claim. These claim patterns of automobile theft insurance provide us with strong evidence that supports the existence of opportunistic fraud in the market

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 03/03/2014 Volumen 81 Número 1 - marzo 2014 , p. 91-112

1. Seguro de automóviles . 2. Robo . 3. Tifones . 4. Fraude en el seguro . 5. Taiwan . I. Tzeng, Larry Y. . II. Wang, Kili C. . III. Título.