Competitive Behaviour and Pricing Policy

Walter Karten

Chapter 12 in A Guide to Insurance Management, 1990, pp 194-207 from Palgrave Macmillan

Abstract: Abstract The prices of economic goods result from the meeting of supply and demand in a market. The objective of this chapter is to point out some fundamental aspects of pricing policy from an insurance company’s point of view. Following some remarks on price and product in the insurance sector, and a distinction between calculation and pricing policy, a short description of the components of the insurance premium is given. A discussion of the influence of market structure and competition on pricing concludes this chapter.

Keywords: Risk Premium; Insurance Market; Price Policy; Equity Capital; National Health Insurance Scheme (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-07495-2_12

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