Mossin's Theorem for Upper‐Limit Insurance Policies

Harris Schlesinger

Journal of Risk & Insurance, 2006, vol. 73, issue 2, 297-301

Abstract: Although Mossin's Theorem (“full insurance with a fair premium and less‐than‐full coverage with a proportional premium loading”) is well known for the classes of coinsurance contracts and for deductible‐insurance contracts, it has not been proven for the class of upper‐limit insurance contracts. This article provides a proof for this case.

Date: 2006
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https://doi.org/10.1111/j.1539-6975.2006.00175.x

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