[资本市场和素金融机构]2.pptVIP

Ch 3 Insurance Companies (Based on Saunders et al, 2006) Outline Insurance Companies: Introduction Differences and commonalities with depository institutions Quick Facts about Insurance Companies in Canada Life Insurance Companies Types of life insurance Other financial services Health Insurance Ownership Balance Sheet Property and Casualty Insurance Companies How do Insurance companies deal with adverse selection and moral hazard? Conclusions 1. Introduction Why do people buy insurance? A: Insurance companies (IC) are in the business of assuming risk on behalf of their customers