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The Pricing of Insurance Contracts by Financial Models and Rationality

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Operations Research ’92

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Abstract

Actuarial risk can be appropriately described as the probability distribution of the costs for the potential claims, and it is a fundamental problem of actuarial science to evaluate a suitable risk premium when the risk shall be insured. As a first way to get a solution for this problem, there is a large number of real-valued functions of the set of probability distributions, the so-called premium principles.

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Author information

Authors and Affiliations

  1. Seminar für Bank- u. Versicherungsbetriebslehre, Universität Hamburg, Von-Melle-Park 5, 2000, Hamburg 13, Germany

    Winfried Schott

Authors
  1. Winfried Schott
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Editor information

Editors and Affiliations

  1. Sozialökonomisches Seminar, Universität Hamburg, Von-Melle-Park 5, D-2000, Hamburg 13, FRG

    Alexander Karmann

  2. Institut für Statistik und Quantitative Ökonomik, Universität Bundeswehr Hamburg, Holstenhofweg 85, D-2000, Hamburg 70, FRG

    Karl Mosler  & Götz Uebe  & 

  3. Lehrstuhl für Wirtschaftsinformatik III, Universität Mannheim, Schloß, D-6800, Mannheim, FRG

    Martin Schader

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© 1993 Springer-Verlag Berlin Heidelberg

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Schott, W. (1993). The Pricing of Insurance Contracts by Financial Models and Rationality. In: Karmann, A., Mosler, K., Schader, M., Uebe, G. (eds) Operations Research ’92. Physica, Heidelberg. https://doi.org/10.1007/978-3-662-12629-5_158

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  • DOI: https://doi.org/10.1007/978-3-662-12629-5_158

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0679-3

  • Online ISBN: 978-3-662-12629-5

  • eBook Packages: Springer Book Archive

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