Fixed-Reimbursement Insurance: Basic Properties and Comparative Statics.
Journal of Risk and Insurance 2003, June, 70, 2
-
- $5.99
-
- $5.99
Publisher Description
ABSTRACT In a number of settings, insurance contracts specify a fixed reimbursement in the event of a loss which is not conditioned on the size of the realized loss. In this article, we explore the theoretical properties of this form of insurance and draw comparisons with other types of insurance policies, such as those based on coinsurance and deductibles. We also examine links between our results and those from the literature on precautionary saving.
GENRE
Business & Personal Finance
RELEASED
2003
1 June
LANGUAGE
EN
English
LENGTH
23
Pages
PUBLISHER
American Risk and Insurance Association, Inc.
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
270
KB
The Role of Internal Capital Markets in Financial Intermediaries: Evidence from Insurer Groups.
2008
An Analysis of Risk, Insurance, And Actuarial Research: Citations from 1996 to 2000.
2003
Corporate Governance and Issues from the Insurance Industry.
2011
The Relations Among Organizational and Distribution Forms and Capital and Asset Risk Structures in the Life Insurance Industry.
2003
Crop Price Indemnified Loans for Farmers: A Pilot Experiment in Rural Ghana.
2011
Supreme Court Endorses Broad ERISA Preemption of Pure Eligibility Determinations by Plan Administrator; Federal Court the Exclusive Forum for Such Claims; Overlapping State Law Causes of Action Not Permitted (Recent Court Decisions) (Employee Retirement Income Security Act of 1974)
2004