New York Fed: 'Economics of Property Insurance'
December 09, 2025
December 09, 2025
NEW YORK, Dec. 9 (TNSLrpt) -- The Federal Reserve Bank of New York issued the following staff report (No. 1171) in November 2025 by Hyeyoon Jung and Jaehoon (Kyle) Jung entitled "Economics of Property Insurance."
Here are excerpts:
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We study the economics of homeowners' property insurance by examining how contract design balances the trade-off between incentive alignment and risk sharing. Using granular contract-level property insurance . . .
Here are excerpts:
* * *
We study the economics of homeowners' property insurance by examining how contract design balances the trade-off between incentive alignment and risk sharing. Using granular contract-level property insurance . . .