Underwriters
topic on 1 show · 2 statements across 2 episodes
2 statements about Underwriters, every show
Kahneman: Insurance underwriters varied by 50% on identical cases, despite 10% expectations
“So, we asked the executives the following question. Suppose you take two underwriters at random. By what percentage do they differ? I mean, you look at the difference between the premium, divide that by the average premium. What number do you get? And people e…”
Kahneman: Insurance underwriters varied by 50% on identical cases, defying 10% expectations
“So, we asked the executives the following question. Suppose you take two underwriters at random. By what percentage do they differ? I mean, you look at the difference between their premium, divide that by the average premium. What number do you get? And people…”