underwriters

2 statements across 2 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 15, 2019 by Daniel Kahneman · across every show →

Everything said about underwriters, oldest first

Oct 15, 2019
Assertion Supported
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…”
Daniel Kahneman Oct 15, 2019 ▶ 57:42 #68 Daniel Kahneman: Putting Your Intuition on Ice
Jul 22, 2025
Assertion Supported
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…”
Daniel Kahneman Jul 22, 2025 ▶ 1:04:12 Daniel Kahneman: Algorithms Make Better Decisions Than You
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