Equilibrium in the Insurance Industry: Price and Probability of Insolvency
Jason Strauss
MPRA Paper from University Library of Munich, Germany
Abstract:
The goal of this essay is to show an insurance market equilibrium defined by an insurance product price and a probability of insolvency for the insurer(s).
Keywords: insurance; insurance markets; insolvency; bankruptcy (search for similar items in EconPapers)
JEL-codes: G22 G33 (search for similar items in EconPapers)
Date: 2007-05-04
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:11015
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