Testing for Asymmetric Information in the Automobile Insurance Market Under Rate Regulation

2006 ◽  
Vol 73 (2) ◽  
pp. 335-356 ◽  
Author(s):  
Kuniyoshi Saito
2014 ◽  
Vol 44 (2) ◽  
pp. 173-195 ◽  
Author(s):  
Catherine Donnelly ◽  
Martin Englund ◽  
Jens Perch Nielsen

AbstractWe put one of the predictions of adverse-selection models to the test, using data from the Danish automobile insurance market: that there is a positive correlation between claims risk and insurance coverage. We can find a statistically significant insurance coverage--risk correlation when coverage is expressed relative to the insurance premium, but not when it is expressed in monetary terms.


2016 ◽  
Vol 84 (4) ◽  
pp. 1269-1293
Author(s):  
Feng Gao ◽  
Michael R. Powers ◽  
Jun Wang

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