There are four main approaches to pricing insurance products:
– Market rate pricing
– Target pricing
– Cost-plus pricing
– Demand-adjusted pricing
Additional methods include:
– Reinsurance driven pricing
– Sound rating
There are four main approaches to pricing insurance products:
– Market rate pricing
– Target pricing
– Cost-plus pricing
– Demand-adjusted pricing
Additional methods include:
– Reinsurance driven pricing
– Sound rating