This paper examines economic significance of the most important variables which explain home mortgage default, the voluntary default in particular, and discusses policy implications for the Chinese mortgage sector. It is suggested that to foster the residential market in the economic transition, policy makers should give more attention to standard underwriting criteria, early indicator, risk-sh...

This paper presents applications of stochastic control theory in determining an insurer's optimal reinsurance and rating policy. Optimality is defined by means of variances of such variables as underwriting result of the insurer, solvency margins of the insurer and reinsurer and the premiums paid by policyholders.

This article illustrates how women who abuse alcohol are at greater risk physically, emotionally and socially than their male counterparts. As a result, I recommend that clinical assessment and underwriting of women, who abuse or have the potential to abuse alcohol, change to reflect the increased risks which these women face.

We propose and implement, for the first time, a direct test of the hypothesis of oligopolistic competition in the U.S. underwriting market against the alternative of implicit collusion in IPO price setting. We construct two models of an IPO underwriting market: in the first one IPO underwriters set their fees competitively, while in the second one they coordinate (collude) in setting fees. The ...

This paper reports on an empirical investigation of a particular computerization movement—the diffusion of automated underwriting in the US home mortgage industry—over a twenty-plus year timeframe. Building on and extending seminal work by Kling and Iacono (1988, 1995, 2001), this paper demonstrates the influences of technological action frames, particularly the productivity master frame, on au...

The paper discusses the impact of artificial intelligence (AI) on insurance underwriting process, highlighting benefits predictive analytics in better understanding risk and providing real-time data for quotes demand. use AI algorithms can help underwriters to focus more complex strategic aspects their work while automating tedious tasks. presents Based Risk Intelligence Model (RIM), which comb...