Mossin's theorem for deductible insurance given random initial wealth is re-examined. For a fair premium, it is shown … using the notion of expectation dependence. Next, it is established that for a fair premium, full insurance will be optimal … insurance will always be optimal, irrespective of the risk preference of the individual as well as the dependence structure …

This articles re-examines a standard result on the demand for insurance ("full coverage with a fair premium and partial … coverage with a loaded premium"') in the presence of a default risk. It is established that the optimal insurance coverage is …, it is demonstrated in both the fair premium case and the loaded premium case that the optimal insurance coverage might be …

Insurance Matters -- 2 The Dynamics of Health Insurance Coverage -- 3 Who Goes Without Health Insurance? Who Is Most Likely to … Effects -- B Measuring Insurance Coverage and Insurance Rates -- C Data Tables -- D Multivariate Analyses -- E Glossary -- F …

The paper analyzes the scope for the private market for pandemic insurance and discusses the potential role of the … financial market and the government. Building on a premise that pandemics are classified as catastrophic risks by the insurance … industry, we start by providing a framework that explains theoretically how the catastrophe insurance supply and demand depend …