Jean Lemaire

(Author)

Automobile Insurance: Actuarial ModelsPaperback, 15 December 2010

Automobile Insurance: Actuarial Models
Qty
1
Turbo
Ships in 2 - 3 days
In Stock
Free Delivery
Cash on Delivery
15 Days
Free Returns
Secure Checkout
Buy More, Save More
Turbo Shipping
Part of Series
Huebner International Risk, Insurance and Economic Security
Part of Series
Huebner International Series on Risk, Insurance and Economic
Print Length
250 pages
Language
English
Publisher
Springer
Date Published
15 Dec 2010
ISBN-10
9048158141
ISBN-13
9789048158140

Description

The mathematical theory of non-life insurance developed much later than the theory of life insurance. The problems that occur in the former field are far more intricate for several reasons: 1. In the field oflife insurance, the company usually has to pay a claim on the policy only once: the insured dies or the policy matures only once. It is with only a few particular types of policy (for instance, sickness insurance, when the insured starts working again after a period of sickness) that a valid claim can be made on a number of different occasions. On the other hand, the general rule in non-life insurance is that the policyholder is liable to be the victim of several losses (in automobile insurance, of course, but also in burglary and fire insurance, householders' comprehensive insurance, and so on). 2. In the field of life insurance, the amount to be paid by the company- excluding any bonuses-is determined at the inception of the policy. For the various types of life insurance contracts, the sum payable on death or at maturity of the policy is known in advance. In the field of non-life insurance, the amount of a loss is a random variable: the cost of an automobile crash, the partial or totalloss of a building as a result of fire, the number and nature of injuries, and so forth.

Product Details

Author:
Jean Lemaire
Book Format:
Paperback
Country of Origin:
NL
Date Published:
15 December 2010
Dimensions:
23.39 x 15.6 x 1.42 cm
ISBN-10:
9048158141
ISBN-13:
9789048158140
Language:
English
Location:
Dordrecht
Pages:
250
Publisher:
Weight:
381.02 gm

Related Categories


Need Help?
+971 6 731 0280
support@gzb.ae

About UsContact UsPayment MethodsFAQsShipping PolicyRefund and ReturnTerms of UsePrivacy PolicyCookie Notice

VisaMastercardCash on Delivery

© 2024 White Lion General Trading LLC. All rights reserved.