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Life insurance settlement and the monopolistic insurance market
Insurance, Mathematics & Economics, 2018We analyze the effects of life insurance settlement on insurance contract design, the insurer’s profit and welfare. Policyholders face not only mortality risks but also heterogeneous liquidity risks which lead the policyholders to surrender or settle the
Jimin Hong, S. H. Seog
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Portfolio allocation, direct insurance (Life insurance companies)
, 2018semanticscholar +1 more source
Uncertain lifetime, life insurance, and the theory of the consumer
, 1965M. Yaari
semanticscholar +1 more source
Data Analytics for Non-Life Insurance Pricing
, 2019M. Wüthrich, Christoph Buser
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Principles of Insurance Life, Health, and Annuities
, 1996Kenneth C. Froewiss +2 more
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