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Insurance Industry

C/F/240. Theory of risk and insurance market

WORDS:
1500
DATE:
2007
PRICE:
19.99 GBP

The paper examines the reasons why dividing risks into a large number of pools as well as putting a lot of risks into one pool causes problems to the insurers. It is explained why the price of the general insurance is volatile despite the demand for the stability of insurance.

 

KEYWORDS: Insurance, volatility, risk,

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