题目
Whichof the following problems would most likely be a concern for life insurancecompanies that are worried about differentiating between good risks and badrisks?
选项
A.Adverse selection.
B.Catastrophic risk.
C.Longevity risk.
D.Moral hazard.
答案
A
解析
Adverse selection describesthe situation where an insurer is unable to differentiate between a good riskand a bad risk. In the context of life insurance, by charging the same premiumsto ail policyholders (healthy and unhealthy individuals), the insurer may endup insuring more bad risks (e.g., unhealthy individuals). To mitigate adverseselection, a life insurance company might require physical examinations priorto providing coverage. Property and casualty insurance companies typically havea greater amount of equity than a life insurance company because of the highlyunpredictable nature of P&C claims (both timing and amount).逆向选择描述了保险公司无法区分好的风险和坏的风险的情况，进行寿险业务的保险公司向所有投保人（健康的个人和不健康的个人）收取相同的保费，这样可能最终会承保更多的不良风险（如，不健康的个人）。为了减少这种逆向选择，保险公司可能需要在提供保险前对投保人进行体检。