The Determination of Mortgage Insurance Premiums Under Information Asymmetry

2012 ◽  
Author(s):  
Ming Pu ◽  
Gang-Zhi Fan ◽  
Chunsheng Ban
Keyword(s):  
Information Asymmetry ◽  
Insurance Premiums ◽  
Mortgage Insurance

scholarly journals PENERAPAN METODE BAYES DALAM MENGESTIMASI PREMI KREDIBILITAS PADA ASURANSI UMUM

2021 ◽  
Vol 10 (4) ◽  
pp. 241
Author(s):  
RAIN FERNANDO BANGUN ◽  
I NYOMAN WIDANA ◽  
DESAK PUTU EKA NILAKUSMAWATI
Keyword(s):  
Empirical Bayes ◽  
Theory Model ◽  
Credibility Theory ◽  
Insurance Companies ◽  
Insurance Premiums ◽  
General Insurance ◽  
The Future

Determination of insurance premiums is very important the calculation must be done carefully so that there is experience losses. The purpose of this research is to find out the application of empirical Bayes credibility theory Model 1 and estimate of the credibility premium on general insurance. A method that can help in overcoming these problems, that is empirical Bayes credibility theory Model 1, results of the estimated credibility premium credibility (in Euros) for insurance companies Alianz, Csob, Generali, Koop, Unisqa, and Wusten respectively as follows: 46.774811, 7.801307, 10.368991, 58.812250, 6.703035, and 5.091605.  These results, the average claim is greater than the credibility premium, so that insurance companies can reserve premiums for the future.

The Economics of Insurance: A Derivatives-Based Approach

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Robert A. Jarrow
Keyword(s):  
Incomplete Markets ◽  
Insurance Industry ◽  
Idiosyncratic Risk ◽  
Annual Review ◽  
Publication Date ◽  
Derivatives Pricing ◽  
Insurance Premiums ◽  
Insolvency Risk ◽  
Synthetic Construction

This article revisits the economics of insurance using insights from derivatives pricing and hedging. Applying this perspective, I emphasize the following insights applicable to insurance. First, I provide a valid justification for the use of arbitrage-free insurance premiums. This justification applies in both complete and incomplete markets. Second, I demonstrate the importance of diversifiable idiosyncratic risk for the determination of insurance premiums. And third, analyzing the insurance industry using the functional approach, I show the importance of derivatives and the synthetic construction of derivatives for reducing an insurance company's insolvency risk. Expected final online publication date for the Annual Review of Financial Economics, Volume 13 is November 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

The Pricing of Mortgage Insurance Premiums Under Systematic and Idiosyncratic Shocks

2014 ◽  
Vol 83 (2) ◽  
pp. 447-474 ◽  
Author(s):  
Ming Pu ◽  
Gang-Zhi Fan ◽  
Chunsheng Ban
Keyword(s):  
Insurance Premiums ◽  
Mortgage Insurance ◽  
Idiosyncratic Shocks

Changing FHA Mortgage Insurance Premiums and the Effects on Lending

FEDS Notes ◽  
2016 ◽  
Vol 2016 (1843) ◽  
Author(s):  
Neil Bhutta ◽  
◽  
Daniel Ringo ◽  
Keyword(s):  
Insurance Premiums ◽  
Mortgage Insurance
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