1. Home
  2. Material Detail: Principles of Insurance

Material Detail

Principles of Insurance

Principles of Insurance

This eBook presents the principles of insurance including risk pooling with a discussion of the relationship between the probability of ruin and safety loading; premium calculation principles that include the equivalence principle with adjustments for safety and expense loadings and the risk sharing mechanisms of deductibles and reinsurance. The relationship of deductibles with the principles of anti-selection and moral hazard is covered....

Show More
Disciplines:
Go to Material 
Bookmark / Add to Course ePortfolio
Create a Learning Exercise
Add Accessibility Information
Rate
Add a Comment

Quality

  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collection (1) Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Material Type:
Open (Access) Textbook
Date Added to MERLOT:
October 31, 2019
Date Modified in MERLOT:
July 6, 2021
Authors:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College Lower Division, College Upper Division
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

Browse...

Disciplines with similar materials as Principles of Insurance
People who viewed this also viewed
Other materials like Principles of Insurance

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.