TY - UNPB

T1 - Damages after deregulation

T2 - dynamic effects in the German motor vehicle insurance industry

AU - Wein, Thomas

PY - 2002

Y1 - 2002

N2 - Since 1994 the highly regulated German insurance market have been deregulated. Insurers have been allowed to calculate their premiums and to offer contracts without regulation. Especially in the motor vehicle insurance several innovations were introduced: age of car, garage, kilometers per year and so on are decisive to get rebates or additional premiums. According to the traditional literature about adverse selection the paper analyzes whether these tariff items are instruments to select better between low and high risks than before regulation. Age of car and kilometers variables seem to have such selecting effects for one or two years.

AB - Since 1994 the highly regulated German insurance market have been deregulated. Insurers have been allowed to calculate their premiums and to offer contracts without regulation. Especially in the motor vehicle insurance several innovations were introduced: age of car, garage, kilometers per year and so on are decisive to get rebates or additional premiums. According to the traditional literature about adverse selection the paper analyzes whether these tariff items are instruments to select better between low and high risks than before regulation. Age of car and kilometers variables seem to have such selecting effects for one or two years.

KW - Economics

KW - Kraftfahrzeughaftpflichtversicherung

KW - Prämiendifferenzierung

KW - Risikogruppe

KW - Kfz-Versicherung

KW - Versicherungsmarkt

KW - Deregulierung

KW - Wirkungsanalyse

KW - Versicherungsökonomik

KW - Deutschland

KW - Kraftfahrzeughaftpflichtversicherung

KW - Prämiendifferenzierung

KW - Risikogruppe

M3 - Working papers

T3 - Arbeitsbericht

BT - Damages after deregulation

PB - Fachbereich Wirtschafts- und Sozialwissenschaften der Universität Lüneburg

CY - Lüneburg

ER -