October 2014
Intermediate to advanced
584 pages
22h 2m
English
Content preview from Pricing in General Insurance
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The Insurance Markets
This is a short chapter in which we describe the major participants in the insurance mar-
ket. This is important for many reasons: rst, because products are not entities in a vac-
uum but are offered by a limited number of participants (as an example, most trade credit
policies are sold by a handful of large insurance companies); second, when you design a
product and you price it, you need to know the business context you are operating in (e.g.
the competition and the organisations you need to deal with) and the clients that are going
to buy it, whether they are private individuals, non-insurance companies (possibly th ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.