Description: There are practical and conceptual aspects underlying (re)insurability. Practically, something or someone is insurable if an insurer is willing provide insurance coverage at a price the applicant is willing to pay. In contrast, a conceptual view of (re)insurabiity incorporates a range of more complex factors usually considered in the insurance process. This article discusses these two approaches.

Description: A non-technical review of two recent general insurance articles published in the SOA's North American Actuarial Journal. The articles reviewed analyze Pay-As-You-Drive Insurance and Usage-Based Insurance.