Diagnostic analytics of electricity tariff design in Nepal
Abstract Nepal's electricity sector operates under a monopsony, with government entities dominating generation, transmission, and distribution. This market structure suppresses competition, leading to inherent challenges in establishing fair and efficient electricity tariff systems.
Prashant Kandel +2 more
wiley +1 more source
Herding cats: Competitive underwriting of catastrophe‐exposed property risks ‐ A teaching case
Abstract Risk management is an important aspect of property insurance sales, underwriting, and rating that is covered lightly in standard texts or publishers' materials. This case is based on the risk management considerations of a fictitious insurer within an often competitive and always high‐stakes industry segment—the primary insurance market for ...
Faith R. Neale, Lorilee A. Medders
wiley +1 more source
Actuarial implications of prevented planting coverage
Abstract Within the Federal Crop Insurance Program (FCIP), prevented planting (PP) coverage provides payments for pre‐planting costs associated with crops that ultimately cannot be planted due to adverse weather. PP indemnities, which are not considered production losses within the FCIP rating methodology, influence premium rates differently than ...
Dylan Turner +3 more
wiley +1 more source
A fair price to pay: Exploiting causal graphs for fairness in insurance
Abstract In many jurisdictions, insurance companies are prohibited from discriminating based on certain policyholder characteristics. Exclusion of prohibited variables from models prevents direct discrimination, but fails to address proxy discrimination, a phenomenon especially prevalent when powerful predictive algorithms are fed with an abundance of ...
Olivier Côté +2 more
wiley +1 more source
Rate-Making, Smoker Surcharge, and Insurer Risk Management Under the U.S. Affordable Care Act [PDF]
Rate-making — a vital component of insurance and risk management — can be creative and at times contentious because pricing is its central goal. In the United States, the Affordable Care Act (ACA) permits insurers in the non-group and small group markets
Roger Lee Mendoza
doaj +1 more source
Integrated urban water management in Texas: a review to inform a one water approach for the future [PDF]
Texas has considerable experience grappling with historic droughts as well as flooding associated with tropical storms and hurricanes, yet the State’s water management challenges are projected to increase.
Ashmore, Jacqueline +2 more
core
Ratemaking in a changing environment
AbstractIn pricing insurance contracts based on the individual policyholder’s aggregate losses for non-life insurers, the literature has mainly focused on using detailed information from policies and closed claims. However, the information on open claims can reflect shifts in the distribution of the expected claim payments better than closed claims ...
openaire +2 more sources
Race and premium misrating in the U.S. Federal Crop Insurance Program
Abstract USDA farm support programs have an established history of racial discrimination. Today, the Federal Crop Insurance Program is among the largest and most important programs available to U.S. farmers. Previous research has documented systematic misrating of crop insurance premiums with sizable welfare implications.
Jim Teal, Andrew W. Stevens
wiley +1 more source
Commission on the Future of Worker-Management Relations; Notice of Closing the Public Record [PDF]
Notice_Federal_Register_041894.pdf: 96 downloads, before Oct.
U.S. Government Printing Office
core +1 more source
Improving automobile insurance ratemaking using telematics : incorporating mileage and driver behaviour data [PDF]
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The calculation of premium rates based upon driver behaviour represents an opportunity for the insurance sector.
Ayuso, Mercedes +3 more
core +1 more source

