Risk classification in life insurance
Author(s)
Bibliographic Information
Risk classification in life insurance
(Huebner international series on risk, insurance, and economic security)
Kluwer-Nijhoff, c1983
- : softcover
Available at 25 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Bibliography: p. 327-331
Includes index
Description and Table of Contents
Description
The research project leading to this book was initiated in the fall of 1979 when the American Council of Life Insurance (ACLI) contacted Dan McGill, chairman of the Wharton School Insurance Department, about conducting a study on risk classification in life insurance. The ACLI was concerned about legislative and judicial activity in this area and its potential effects on the life insurance industry. A meeting was held at the ACLI offices in Washington, D.C., between several members of the ACLI staff and Dan McGill and David Cummins representing the Wharton School insurance department. An agreement was reached that a study would be conducted at Wharton dealing with issues in risk classification. Although the staff of the ACLI suggested directions the study might take, it was agreed that the design and execution of the study would be solely under the control of the researchers. The researchers also retained unrestricted publication rights in the results of the study. This agreement has been honored by the ACLI during the course of the project.
Table of Contents
1 Introduction.- I Fundamentals of Risk Classification.- 2 The Theory of Insurance Pricing: Loss Distributions and Expected Value.- 3 The Economic Role of Risk Classification.- 4 Heterogeneity in Risk Classification.- 5 Fairness in Risk Classification.- 6 Conclusions to Part I.- II Current Risk Classification Procedures.- 7 Introduction: Overview of Risk Classification.- 8 The Nonmedical Application Nonmedical Factors.- 9 Underwriting Medical Impairments High Blood Pressure.- 10 Nonphysical Underwriting Factors.- 11 Conclusions to Part II.- III Multivariate Analysis of Underwriting Risk Factors and Mortality.- 12 Introduction.- 13 A Multiple Logistic Methodology for the Estimation of Risk Classification Models.- 14 The Effect of Physical and Medical Impairments on the Annual Probability of a Policy Terminating by Death.- 15 Comparison of Logistic Model Results with Other Data.- 16 Summary and Conclusions for Part III.
by "Nielsen BookData"