This new edition of the Handbook of Insurance reviews the last
forty years of research developments in insurance and its related
fields. A single reference source for professors, researchers,
graduate students, regulators, consultants and practitioners, the
book starts with the history and foundations of risk and insurance
theory, followed by a review of prevention and precaution,
asymmetric information, risk management, insurance pricing, new
financial innovations, reinsurance, corporate governance, capital
allocation, securitization, systemic risk, insurance regulation,
the industrial organization of insurance markets and other
insurance market applications. It ends with health insurance,
longevity risk, long-term care insurance, life insurance financial
products and social insurance.
This second version of the Handbook contains 15 new chapters.
Each of the 37 chapters has been written by leading authorities in
risk and insurance research, all contributions have been peer
reviewed, and each chapter can be read independently of the
others.
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