Equilibrium in the Insurance Industry: Price and Probability of Insolvency

Strauss, Jason (2007): Equilibrium in the Insurance Industry: Price and Probability of Insolvency.

Abstract

The goal of this essay is to show an insurance market equilibrium defined by an insurance product price and a probability of insolvency for the insurer(s).

• Item Type: MPRA Paper
• Language: English
• Keywords: insurance, insurance markets, insolvency, bankruptcy
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies; G - Financial Economics > G3 - Corporate Finance and Governance > G33 - Bankruptcy ; Liquidation

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