Cover -- Title Page -- Copyright -- Contents -- Foreword -- Introduction -- General Presentation -- Contents of the Book -- Acknowledgments -- General References -- Chapter 1 Risk Management: Definition and Historical Development -- 1.1 History of Risk Management -- 1.2 Milestones in Financial...

From the introduction: Motor vehicle accidents are still a leading cause of death, even if the trend has somewhat declined over the past 20 years. Indeed, motor vehicle accidents are a significant cause of death in comparison with air and space transport accidents, homicides and even HIV...

This book details the research developments in insurance and its related fields. It starts with the history and foundations of insurance theory and moves on to review asymmetric information, risk management, insurance pricing and other advance topics.

From the introduction: Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in...