Explore adverse selection in insurance, identify risks, and learn how insurers safeguard against it. Understand premium impacts and protection strategies.

Adverse selection is the process of making a decision without having all of the knowledge needed. It is a term commonly used in the insurance industry, when applicants withhold information from an ...

Adverse selection, a concept economists devised to explain insurance market failures, might seem far removed from the grand chessboard of geopolitics. Yet at its core lies a simple and unsettling ...

Adverse selection occurs in health insurance when there is an imbalance of high-risk, sick people to healthy people. The imbalance can happen due to sick people, who require more insurance, using more ...