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The Economics of Property-Casualty Insurance (National Bureau of Economic Research Project Report) [Hardcover]

by David F. Bradford
3.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

April 28, 1998 0226070263 978-0226070261 1
The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business.

The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.


Product Details

  • Series: National Bureau of Economic Research Project Report
  • Hardcover: 214 pages
  • Publisher: University of Chicago Press; 1 edition (April 28, 1998)
  • Language: English
  • ISBN-10: 0226070263
  • ISBN-13: 978-0226070261
  • Product Dimensions: 9.3 x 6.3 x 0.7 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,609,736 in Books (See Top 100 in Books)

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4 of 5 people found the following review helpful
3.0 out of 5 stars Thorough and Dense May 16, 2001
Format:Hardcover
The scope of Economics of Property-Casualty Insurance rests on the title phrase. Buy this book if you need a direct definition of causes, consequences, and external variables regarding actuarial mathematical conclusions. Do not buy this book if you need a brief and general overview about "the math that actuaries use to rate stuff." In addition, the passive voice and run-on sentences may lose you in a string of thoughts. However, if you understand the P-C Industry very well, you'll probably follow the process just fine.
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