Adverse selection: related pages

The duty of a person buying insurance to to disclose all relevant information.

Refers to the likelihood of a person or organisation willing to take on more risk as they are covered by insurance.

Actuaries assess financial risk, calculate insurance premiums and value pension funds.

Someone who takes a financial risk (relieving another party of it) in return for a fee.

Insurance for insurers. They pass on to reinsurers risks that they cannot absorb themselves.