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Article
Information Problems in Bancassurance: Empirical Evidence Based on a Comparison Between Over-the-Counter and Telephone Marketing Customers
We investigate the problem of asymmetric information among the different distribution channels of bancassurance, namely, over-the-counter (OTC) selling and telephone marketing (TM). We predict that the bank co...
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Article
The impact of covariates on a bonus–malus system: an application of Taylor’s model
Obviously, the design of a bonus–malus system has to take into consideration all rating variables used by the auto insurance carrier. For instance, a single male urban driver is likely to be penalized twice, a...
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Article
Does insurance fraud in automobile theft insurance fluctuate with the business cycle?
Financial institutions face various cyclical risks, but very few studies have analyzed the cyclicality of operational risk. External fraud is an important operational risk faced by insurers. In this research, ...
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Article
The Asymmetric Information Problem in Taiwan's Cancer Insurance Market
This paper investigates the problem of asymmetric information in Taiwan’s cancer insurance market. Through the survey data, we find evidence of adverse selection existing in this market. Furthermore, we collec...
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Article
Empirical Evidence for Advantageous Selection in the Commercial Fire Insurance Market
De Meza and Webb (2001) indicated that individuals with a higher degree of risk aversion would demand more insurance and invest in self-protection to reduce risk probability when both the preference type and i...
