Artikel
Demand of insurance under the cost-of-capital premium calculation principle
We study the optimal insurance design problem. This is a risk sharing problem between an insured and an insurer. The main novelty in this paper is that we study this optimization problem under a risk-adjusted premium calculation principle for the insurance cover. This risk-adjusted premium calculation principle uses the cost-of-capital approach as it is suggested (and used) by the regulator and the insurance industry.
- Language
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Englisch
- Bibliographic citation
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Journal: Risks ; ISSN: 2227-9091 ; Volume: 2 ; Year: 2014 ; Issue: 2 ; Pages: 226-248 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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demand of insurance
optimal insurance design
risk-adjusted premium
cost-of-capital loading
deductible and risk sharing
- Event
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Geistige Schöpfung
- (who)
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Merz, Michael
Wüthrich, Mario V.
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
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2014
- DOI
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doi:10.3390/risks2020226
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Merz, Michael
- Wüthrich, Mario V.
- MDPI
Time of origin
- 2014
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