New framework balances actuarial and solidarity fairness in insurance pricing

2026-06-16

Researchers propose a new framework, $\alpha$-Fair Individual Solvent Premium ($\alpha$-FISP), to address the inherent tension between actuarial and solidarity fairness in insurance pricing. The model allows for a continuum of pricing strategies, balancing risk differentiation with cross-subsidization.

Source: arXiv · cs.LG

Reported by VERA Newswire.