Risk-Spreading through Underwriting and the Insurance Institution

Autor: J. D. Hammond
Rok vydání: 1980
Předmět:
Zdroj: Societal Risk Assessment ISBN: 9781489904478
Popis: The insurance underwriting decision process is often viewed as scientific, precise, and capable of accurate risk assessment. In fact, it is frequently influenced by competitive forces, the availability of reinsurance, and the judgment of underwriters. Inflation and changing social values also add to underwriting uncertainty by causing claims distributions to be unstable over time.
Databáze: OpenAIRE