Analyses on the Usage of Deductibles in the Fire Insurance
碩士 === 國立政治大學 === 風險管理與保險學系 === 95 === Deductible is a key element for insurance companies to control loss frequency and loss severity. Appropriate deductible usage can stabilize underwriting profit for insurance companies. The constraints on present deductible conduct many problems in practice, so...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/63667867266094630415 |
| Summary: | 碩士 === 國立政治大學 === 風險管理與保險學系 === 95 === Deductible is a key element for insurance companies to control loss frequency and loss severity. Appropriate deductible usage can stabilize underwriting profit for insurance companies. The constraints on present deductible conduct many problems in practice, so this paper proposes new-type deductible research to solve practical problem and develop optimal function of deductible.
This article employs actual occurred loss database from one insurance company to study the impact on loss ratios with new-type deductible. Moreover, this paper also conducts qualitative interview survey approach to learn the viewpoints from underwriters and sales of six Taiwan insurance companies with merit and defect of present deductible and new-type deductible usage contained herein. The results show that merit and defect of present deductible and new-type deductible feasible contained herein is highly approved by interviewees. Besides, deductible usage is expected to have insignificant impact in increasing loss ratios through various case study simulations.
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