Tag

commercial_viability

2 cards

DevelopmentRCT
Actuarial Margin Commercial Viability
Mean willingness-to-pay was Rs. 68.40 and median willingness-to-pay was Rs. 70.00, significantly exceeding the actuarial expected payout of Rs. 44-54, demonstrating sustainable commercial demand if administrative loading factors match standard US claims ratios (65-76%).
Finance & microfinanceRCT
Retail Commercial Viability & Loading Factors
The median willingness to pay was Rs. 70 per policy, significantly exceeding the actuarial value of Rs. 44–54 [11]. This ratio falls directly within US retail insurance claim-to-premium benchmark ranges (64.7%–76.2%) [11, 12].