Ovidiu Solomon (Romanian American University) Carmen Pricină (Romanian American University)
Abstract
We shall consider the concept of time delays and the extent to which this is a common feature in many general insurance systems. We shall then present an example of a model of an insurance system with delays that helps to explain the phenomenon of underwriting cycles.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.