Pricing in Microinsurance Markets
Journal
World Development
ISSN
0305-750X
ISSN-Digital
1873-5991
Type
journal article
Date Issued
2013-01
Author(s)
Abstract
Microinsurance markets have exhibited strong growth rates in recent years. Great parts of the industry are, however, challenged by fundamental issues of providing insurance products, one of the most significant of which is pricing risk. In this paper, we provide a non-technical analysis of insurance pricing problems and a review of the set of opportunities that can address some of the specific pricing constraints in microinsurance markets. A key contribution of this paper is the investigation of conventional techniques as potential solutions for improving the pricing of insurance risk in microinsurance markets.
Language
English
Keywords
developing countries
microinsurance
data availability
actuarial pricing
credibility methods
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Elsevier
Publisher place
Amsterdam
Volume
41
Number
1
Start page
132
End page
144
Pages
13
Subject(s)
Division(s)
Eprints ID
207786