The Determinants of Microinsurance Demand

Eling, Martin; Pradhan, Shailee; Schmit, Joan T.

doi:10.2139/ssrn.2279355

Cited by 22 publications

(22 citation statements)

References 77 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In general, although the literature on microinsurance is extensive and covers many locations, the available data remain limited, given the relatively young programs and the challenges of collecting data in emerging economies. As Eling, Pradhan, and Schmit () mention in their literature review, a pattern across the literature is that location‐specific qualities seem relevant. Until we can obtain better data over numerous locations and systems, our ability to make general statements is limited.…”

Section: Adverse Selection: Theory and Empiricsmentioning

confidence: 98%

THE ROLE OF PREGNANCY IN MICRO HEALTH INSURANCE: EVIDENCE OF ADVERSE SELECTION FROM PAKISTAN

Yao¹,

Schmit²,

Sydnor³

2015

J of Risk & Insurance

Self Cite

View full text Add to dashboard Cite

With increasing interest from commercial players in developing insurance markets to meet the needs of low‐income people, efforts to find sustainable products have expanded rapidly yet remain elusive. This is particularly true in the domain of health insurance, where the general challenges of offering voluntary private health insurance are often exacerbated by poor underlying health services and a lack of public health programs. In an effort to identify new opportunities to expand health insurance protection to underserved markets, we analyze a rich data set from a micro health insurance program in Pakistan. Observing that pregnancy‐related care accounts for 40 percent of all claims and 36 percent of the total claims amount, we focus much of our attention on understanding the role of pregnancy in micro health insurance. We find evidence of extensive adverse selection related to pregnancy claims, both with regard to original coverage purchase and with regard to renewal. In many countries, pregnancy health care is provided by or paid for by the government. We encourage consideration of this possibility, leaving the remaining health care needs for market‐based health insurance.

show abstract

Section: Adverse Selection: Theory and Empiricsmentioning

confidence: 98%

THE ROLE OF PREGNANCY IN MICRO HEALTH INSURANCE: EVIDENCE OF ADVERSE SELECTION FROM PAKISTAN

Yao¹,

Schmit²,

Sydnor³

2015

J of Risk & Insurance

Self Cite

View full text Add to dashboard Cite

show abstract

“…The research focuses on microinsurance demand and program design. Eling et al (2014) summarize 12 potential determinants of microinsurance demand in Outreville's insurance demand framework. However, the discussion on the demand for microinsurance is inconclusive.…”

Section: Risk Identificationmentioning

confidence: 99%

Recent Research Developments Affecting Nonlife Insurance—The CAS Risk Premium Project 2014 Update

Eling

Jia

2017

Risk Manage Insurance Review

Self Cite

View full text Add to dashboard Cite

This article discusses the main results of the Casualty Actuarial Society Risk Premium Project 2014 update. It reviews the recent research developments in the process of nonlife risk assessment. Of special note, systemic risk continuously attracts a great deal of attention. In the past year, reinsurance studies have increased significantly, driven by progress in optimal reinsurance design and reinsurance asymmetric information. Both topics show the academic reflection of financial crisis in the field of risk and insurance. The evaluation of reserves and the methods mitigating asymmetric information have also received a great deal of attention.

show abstract

“…This paper finds that quality and prices show a positive effect on competitive advantage for these companies in Jordan. (Eling, 2013) studies the determinants of micro-insurance demand. This paper identifies 12 key factors affecting micro-insurance demand, and further highlights that research focused on the role of contract performance (including basis risk and quality), trust, financial literacy and informal risk-sharing mechanisms.…”

Section: Literature Reviewmentioning

confidence: 99%

“…8, No. 5;2016 In the Table 4 appear the multiple regressions for the impact of the cost of insurance, discrimination and credit score on competitiveness between insurance companies. As indicated from table above, we found that there is a positive significant relationship between the costs of insurance on competitiveness.…”

Section: Wwwccsenetorg/ijefmentioning

confidence: 99%

The Role of Credit Scoring, Cost and Product Discrimination in Improving the Competitiveness of Jordanian Insurance Companies

Saleh¹,

Jaber²,

Alkhawaldeh³

2016

IJEF

View full text Add to dashboard Cite

The turbulent start of the new century has brought new challenges for firms and countries. Survival and success in this period increasingly depends on competitiveness. Competitiveness is described in different ways by researchers. The focus of this paper extends earlier works on the role of credit scoring, cost of insurance and product discrimination in improving competitiveness in insurance companies to increase the demand of insurance policies. The paper strength is that the competitive advantage of insurance companies is measured from perspective of the insured. In the result show there is a significant effect of credit scoring, cost and product discrimination on competition in insurance companies. Also, there is a lack of understanding of the concept of insurance in Jordanian companies because they lack people who are specialist in insurance. OLS and ANOVA test are used in this paper.

show abstract

The Determinants of Microinsurance Demand

Cited by 22 publications

References 77 publications

THE ROLE OF PREGNANCY IN MICRO HEALTH INSURANCE: EVIDENCE OF ADVERSE SELECTION FROM PAKISTAN

THE ROLE OF PREGNANCY IN MICRO HEALTH INSURANCE: EVIDENCE OF ADVERSE SELECTION FROM PAKISTAN

Recent Research Developments Affecting Nonlife Insurance—The CAS Risk Premium Project 2014 Update

The Role of Credit Scoring, Cost and Product Discrimination in Improving the Competitiveness of Jordanian Insurance Companies

Contact Info

Product

Resources

About