Abstract
This chapter identifies the requirements and procedures used to determine insurance prices. Unlike other products, the production cost of an insurance contract is not known in advance. The ultimate cost will be known only in some future date: an inversion of the production cycle.
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References
Suggestion for Additional Reading
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Outreville, J.F. (1998). Pricing Insurance Contracts. In: Theory and Practice of Insurance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6187-3_9
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DOI: https://doi.org/10.1007/978-1-4615-6187-3_9
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