The Economics of Property-Casualty Insurance (National Bureau of Economic Research Project Report)
| Author | : | |
| Rating | : | 4.68 (901 Votes) |
| Asin | : | 0226070263 |
| Format Type | : | paperback |
| Number of Pages | : | 214 Pages |
| Publish Date | : | 2016-07-22 |
| Language | : | English |
DESCRIPTION:
The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.. The volume explores the industrial organization, regulation, financing, and taxation of this business.The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry
Thorough and Dense A Customer The scope of Economics of Property-Casualty Insurance rests on the title phrase. Buy this book if you need a direct definition of causes, consequences, and external variables regarding actuarial mathematical conclusions. Do not buy this book if you need a brief and general overview about "the math that actuaries use to rate stuff." In addition, the passive voice and run-on sentences may lose you in a string of thoughts. However, if you understand the P-C Industry very well, you'll probably follow the process just fine.