Log in

Relevant bibliographies by topics / Insurer's finances / Journal articles

To see the other types of publications on this topic, follow the link: Insurer's finances.

Journal articles on the topic 'Insurer's finances'

Author: Grafiati

Published: 30 May 2022

Last updated: 31 July 2025

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Insurer's finances.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Catur Widyo Utomo and Mulawarman Awaloedin. "ESTIMASI CADANGAN KLAIM PRODUK ASURANSI JIWA KREDIT UNTUK PESERTA PENSIUN." (JEMS) Jurnal Entrepreneur dan Manajemen Sains 4, no. 1 (2023): 1–15. http://dx.doi.org/10.36085/jems.v4i1.4150.

Full text

Abstract:

Theoretically, insurance companies rarely suffer losses. Insurance companies in managing finances, are very careful, because they will face possible risks in the future in the form of claim payments. Therefore, in selling the products, they do not use the usual forms of marketing. They use agents and brokers in distributing risk products that are sold. In addition, for certain reasons, the company also cooperates with other parties. This cooperation is essentially a form of strategic alliance. Namely cooperation between the insurance company as the issuer of the policy with the bank as the own

APA, Harvard, Vancouver, ISO, and other styles

2

Polinsky, A. Mitchell, and Steven Shavell. "Subrogation and the Theory of Insurance When Suits Can Be Brought for Losses Suffered." Journal of Law, Economics, and Organization 34, no. 4 (2018): 619–49. http://dx.doi.org/10.1093/jleo/ewy008.

Full text

Abstract:

Abstract The theory of insurance is considered here when an insured individual may be able to sue another party for the losses that the insured suffered—and thus when an insured has a potential source of compensation in addition to insurance coverage. Insurance policies reflect this possibility through so-called subrogation provisions that give insurers the right to step into the shoes of insureds and to bring suits against injurers. In a basic case, the optimal subrogation provisions involve full retention by the insurer of the proceeds from a successful suit and the pursuit of all positive e

APA, Harvard, Vancouver, ISO, and other styles

3

Eckert. "Dealing with Low Interest Rates in Life Insurance: An Analysis of Additional Reserves in the German Life Insurance Industry." Journal of Risk and Financial Management 12, no. 3 (2019): 119. http://dx.doi.org/10.3390/jrfm12030119.

Full text

Abstract:

Interest rates have been very low for several years, which is particularly challenging for life insurers. Since 2001, German life insurers have had to set an additional reserve due to low interest rates to ensure the protection of policyholders. However, the method introduced at that time to calculate these reserves was criticized, therefore, the German Federal Ministry of Finance replaced it with a new approach. In this article, we investigated the effects of the different methods on a typical German life insurer in various future interest rate scenarios and from various perspectives. For thi

APA, Harvard, Vancouver, ISO, and other styles

4

Huang, Fu-Wei, and Jyh-Jiuan Lin. "Insurer green finance under regulatory cap-and-trade mechanism associated with green/polluting production during a war." PLOS ONE 18, no. 3 (2023): e0282901. http://dx.doi.org/10.1371/journal.pone.0282901.

Full text

Abstract:

The cap-and-trade mechanism affects firms’ production and operation decisions and carbon emissions, making them move towards environmental sustainability. This article develops a contingent claims model to examine the impact of the regulatory cap-and-trade mechanism on the green finance strategy of an insurer during a war. Participating in the cap-and-trade scheme of the insurer that funds the borrowing firms also implicitly affects firm production and carbon emissions. The results show that increasing the green loans decreases the interest margin of the insurer but helps policyholder protecti

APA, Harvard, Vancouver, ISO, and other styles

5

Tolani, Sanjay, Ananth Rao, Genanew B. Worku, and Mohamed Osman. "System and neural network analysis of intent to buy and willingness to pay insurance premium." Managerial Finance 45, no. 1 (2019): 147–68. http://dx.doi.org/10.1108/mf-04-2018-0156.

Full text

Abstract:

Purpose The purpose of this paper is to analyze significant determinants to assess the probability of insureds’ intent to buy (ITB) insurance and willingness to pay (WTP) quantum of dollars for security benefits. Design/methodology/approach The authors use the Double Hurdle Model (DHM) and Neural Network (NN) architecture to analyze the insureds’ behavior for ITB and WTP. The authors apply these frameworks to all the 503 insureds of a branch of a leading insurer in the United Arab Emirates. Findings The DHM identified age, loans & liabilities, body mass index, travel outside the UAE, salar

APA, Harvard, Vancouver, ISO, and other styles

6

Rantala, Jukka. "On Experience Rating and Optimal Reinsurance." ASTIN Bulletin 19, no. 2 (1989): 153–78. http://dx.doi.org/10.2143/ast.19.2.2014906.

Full text

Abstract:

AbstractThis paper presents applications of stochastic control theory in determining an insurer's optimal reinsurance and rating policy. Optimality is defined by means of variances of such variables as underwriting result of the insurer, solvency margins of the insurer and reinsurer and the premiums paid by policy-holders.

APA, Harvard, Vancouver, ISO, and other styles

7

Barnett, Michael L., Andrew Olenski, and Adam Sacarny. "Common Practice: Spillovers from Medicare on Private Health Care." American Economic Journal: Economic Policy 15, no. 3 (2023): 65–88. http://dx.doi.org/10.1257/pol.20200553.

Full text

Abstract:

Efforts to raise US health-care productivity have proceeded slowly, potentially due to the fragmentation of payment across insurers. Each insurer’s efforts to improve care could influence how doctors practice for other insurers, leading to unvalued externalities. We study a randomized letter intervention by Medicare to curtail overuse of antipsychotics. The letters did not mention private insurance but reduced prescribing to these patients by 12 percent, much like the 17 percent effect in Medicare. We cannot reject onefor-one spillovers, suggesting that physicians use similar medical practice

APA, Harvard, Vancouver, ISO, and other styles

8

Lorson, Jonas, and Joël Wagner. "The pricing of hedging longevity risk with the help of annuity securitizations." Journal of Risk Finance 15, no. 4 (2014): 385–416. http://dx.doi.org/10.1108/jrf-02-2014-0016.

Full text

Abstract:

Purpose – The purpose of this paper is to develop a model to hedge annuity portfolios against increases in life expectancy. Across the globe, and in the industrial nations in particular, people have seen an unprecedented increase in their life expectancy over the past decades. The benefits of this apply to the individual, but the dangers apply to annuity providers. Insurance companies often possess no effective tools to address the longevity risk inherent in their annuity portfolio. Securitization can serve as a substitute for classic reinsurance, as it also transfers risk to third parties. De

APA, Harvard, Vancouver, ISO, and other styles

9

Kopylyuk, Oksana I., Oleksandra М. Muzychka, Stepan S. Ivanochko, and Vitaly B. Login. "The Mechanism of Financial Security Management of the Insurance Company." PROBLEMS OF ECONOMY 4, no. 58 (2023): 175–81. http://dx.doi.org/10.32983/2222-0712-2023-4-175-181.

Full text

Abstract:

The aim of the article is to substantiate the mechanism for managing the financial security of an insurance company in the context of endogenous and exogenous risks, threats and hazards. It is proved that the economic essence of the concept of «financial security of the insurer» can be interpreted on the basis of system, system-activity, state, resource, criterion, indicator, risk- and strategically oriented approaches. It is proposed to consider the financial security of the insurer as a complex characteristic of its activities, which reflects the ability to manage finances, accumulate insura

APA, Harvard, Vancouver, ISO, and other styles

10

Lee, Chen-Ying. "Product diversification, business structure, and firm performance in Taiwanese property and liability insurance sector." Journal of Risk Finance 18, no. 5 (2017): 486–99. http://dx.doi.org/10.1108/jrf-07-2016-0092.

Full text

Abstract:

Purpose The purpose of this study is to analyze product diversification, business structure and insurer performance with a comprehensive look at the property-liability (P/L) insurance operations. Design/methodology/approach Using a panel data, this study employs an ordinary least squares regression model, fixed effects model and random effects model to examine the impact of product diversification and business structure on the performance of P/L insurers. The study assesses insurer performance using both risk-adjusted return on assets and risk-adjusted return on equity. Findings The study find

APA, Harvard, Vancouver, ISO, and other styles

11

Paul Choi, Byeongyong, Jin Park, and Chia‐Ling Ho. "Liquidity creation or de‐creation: evidence from US property and liability insurance industry." Managerial Finance 39, no. 10 (2013): 938–62. http://dx.doi.org/10.1108/mf-11-2012-0243.

Full text

Abstract:

PurposeThe purpose of this study is two‐fold. The first purpose is to properly measure the level of US property and liability (P/L) insurers liquidity creation, applying the liquidity creation measure developed by Berger and Bouwman. The second purpose is to identify factors affecting P/L insurers' liquidity creation using a regression. Particularly, this paper tests two competing hypotheses regarding the relationship between the level of capital and liquidity creation.Design/methodology/approachThe paper calculates liquidity creation for the US P/L insurers. First, the paper categorizes all i

APA, Harvard, Vancouver, ISO, and other styles

12

Park, Jin, and Byeongyong Choi. "Interest Rate Sensitivity of Financial Institutions by Liquidity Risk: Evidence from U.S. Property/Liability Insurers." Journal of Finance Issues 5, no. 1 (2007): 88–98. http://dx.doi.org/10.58886/jfi.v5i1.2588.

Full text

Abstract:

Attempts to understand the impact of interest rate changes on common stock returns have resulted in numerous studies in finance literature, and significant interest rate sensitivity by stocks of financial institutions has been reported. This paper extends the extant literature by investigating US property-liability (P/L) insurer's stock returns with respect to changes in different termed interest rates and to liquidity risk of the stocks. First, returns on property/liability insurers stocks are influenced by changes in interest rates, but the direction shifts as the insurance market condition

APA, Harvard, Vancouver, ISO, and other styles

13

Ismalina, Poppy, Eddy Junarsin, and Istiana Maftuchah. "A Structural Equation Model of Governing Factors Influencing the Development of Sustainable Insurance Product in the Future." International Journal of Financial Systems 1, no. 1 (2023): 83–102. http://dx.doi.org/10.61459/ijfs.v1i1.8.

Full text

Abstract:

Designing and proposing sustainable insurance programs to insurance companies that run their businesses in Indonesia have been one of the insurers’ approaches to creating more stable and certain industry climate. Moreover, the Indonesian Financial Services Authority or OJK encourages financial services sector actors in creating, developing sustainable product innovations, and supporting financing of production activities that can create economic growth, social justice and environmental quality improvement. We conduct survey and analyze whether insurance companies in Indonesia are interested in

APA, Harvard, Vancouver, ISO, and other styles

14

Mango, Donald. "Insurance Capital as a Shared Asset." ASTIN Bulletin 35, no. 02 (2005): 471–86. http://dx.doi.org/10.2143/ast.35.2.2003463.

Full text

Abstract:

Merton and Perold (1993) offered a framework for determining risk capital in a financial firm based on the cost of the implicit guarantee the firm provides to its subsidiaries to make up any operating shortfall. Merton and Perold assume the price of such guarantees is observable from the market at large. For an insurer, this may not be a realistic assumption. This paper proposes an insurance-specific framework for determining the cost of those parental guarantees, and utilizing that cost in pricing and portfolio mix evaluation. An insurer’s capital is treated as a shared asset, with the insura

APA, Harvard, Vancouver, ISO, and other styles

15

Vivian, Robert, and Hugh-David Hutcheson. "Derivation of a framework for annual financial statements of a property-casualty insurance firm: From Adam Smith to the modern insurance firm." South African Journal of Economic and Management Sciences 18, no. 1 (2015): 14–31. http://dx.doi.org/10.4102/sajems.v18i1.713.

Full text

Abstract:

This article derives a framework for annual financial statements of a property-casualty insurer from first principles using Adam Smith’s statement of the operation of an insurer as the point of departure. The derivation incorporates’ current standard accounting principles and regulatory requirements. In the end it will be seen that a substantial correlation exists between the final derived framework and current published statements of a modern property-casualty insurer. It remains to be seen if a similar correlation will continue to exist once the long awaited international accounting standard

APA, Harvard, Vancouver, ISO, and other styles

16

Chi, Yichun, and X. Sheldon Lin. "OPTIMAL REINSURANCE WITH LIMITED CEDED RISK: A STOCHASTIC DOMINANCE APPROACH." ASTIN Bulletin 44, no. 1 (2013): 103–26. http://dx.doi.org/10.1017/asb.2013.28.

Full text

Abstract:

AbstractAn optimal reinsurance problem from the perspective of an insurer is studied in this paper, where an upper limit is imposed on a reinsurer's expected loss over a prescribed level. In order to reduce the moral hazard, we assume that both the insurer and the reinsurer are obligated to pay more as the amount of loss increases in a typical reinsurance treaty. We further assume that the optimization criterion preserves the convex order. Such a criterion is very general as most of the criteria for optimal reinsurance problems in the literature preserve the convex order. When the reinsurance

APA, Harvard, Vancouver, ISO, and other styles

17

Petroni, Kathy R., and Douglas A. Shackelford. "Managing Annual Accounting Reports to Avoid State Taxes: An Analysis of Property-Casualty Insurers." Accounting Review 74, no. 3 (1999): 371–93. http://dx.doi.org/10.2308/accr.1999.74.3.371.

Full text

Abstract:

We hypothesize that, in their annual accounting reports, propertycasualty insurers allocate premiums from multistate policies to reduce total state taxes. To test this prediction, we exploit the industry's unique state tax disclosures. We examine firm-level data, collected from the publicly available, statutory reports filed with each state government. Reported premiums at the insurer-state level, scaled by incurred losses, are regressed on state tax measures. Consistent with tax-motivated income shifting, we find the premiumloss ratio is decreasing in state tax rates. The negative relation is

APA, Harvard, Vancouver, ISO, and other styles

18

Gron, Anne. "Regulation and insurer competition: Did insurers use rate regulation to reduce competition?" Journal of Risk and Uncertainty 11, no. 2 (1995): 87–111. http://dx.doi.org/10.1007/bf01067679.

Full text

APA, Harvard, Vancouver, ISO, and other styles

19

Yow, Shaun, and Michael Sherris. "Enterprise Risk Management, Insurer Value Maximisation, and Market Frictions." ASTIN Bulletin 38, no. 01 (2008): 293–339. http://dx.doi.org/10.2143/ast.38.1.2030415.

Full text

Abstract:

Enterprise risk management has become a major focus for insurers and reinsurers. Capitalization and pricing decisions are recognized as critical to firm value maximization. Market imperfections including frictional costs of capital such as taxes, agency costs, and financial distress costs are an important motivation for enterprise risk management. Risk management reduces the volatility of financial performance and can have a significant impact on firm value maximization by reducing the impact of frictional costs. Insurers operate in imperfect markets where demand elasticity of policyholders an

APA, Harvard, Vancouver, ISO, and other styles

20

Tokareva, E. A. "FEARURES AND PROBLEMS OF NATURAL HAZARDS INSURANCE MARKET." MGIMO Review of International Relations, no. 6(33) (December 28, 2013): 127–33. http://dx.doi.org/10.24833/2071-8160-2013-6-33-127-133.

Full text

Abstract:

The article deals with characteristics and problems of world natural hazards insurance market. Special attention in this article is paid to activity of direct and indirect participants of the market: policy holders, insurance intermediaries, insurers, reinsurers, companies of construction industry and real estate, banks and other financial institutions, investors, rating agencies, Government. The article underlines the importance of adequate natural hazard risks assessment. The article describes factors that influence demand and supply aspects on the market. The supply is constrained by insure

APA, Harvard, Vancouver, ISO, and other styles

21

Chen, Lv, and Yang Shen. "ON A NEW PARADIGM OF OPTIMAL REINSURANCE: A STOCHASTIC STACKELBERG DIFFERENTIAL GAME BETWEEN AN INSURER AND A REINSURER." ASTIN Bulletin 48, no. 02 (2018): 905–60. http://dx.doi.org/10.1017/asb.2018.3.

Full text

Abstract:

AbstractThis paper proposes a new continuous-time framework to analyze optimal reinsurance, in which an insurer and a reinsurer are two players of a stochastic Stackelberg differential game, i.e., a stochastic leader-follower differential game. This allows us to determine optimal reinsurance from joint interests of the insurer and the reinsurer, which is rarely considered in the continuous-time setting. In the Stackelberg game, the reinsurer moves first and the insurer does subsequently to achieve a Stackelberg equilibrium toward optimal reinsurance arrangement. Speaking more precisely, the re

APA, Harvard, Vancouver, ISO, and other styles

22

Emms, Paul. "Dynamic Pricing of General Insurance in a Competitive Market." ASTIN Bulletin 37, no. 1 (2007): 1–34. http://dx.doi.org/10.1017/s0515036100014719.

Full text

Abstract:

A model for general insurance pricing is developed which represents a stochastic generalisation of the discrete model proposed by Taylor (1986). This model determines the insurance premium based both on the breakeven premium and the competing premiums offered by the rest of the insurance market. The optimal premium is determined using stochastic optimal control theory for two objective functions in order to examine how the optimal premium strategy changes with the insurer’s objective. Each of these problems can be formulated in terms of a multi-dimensional Bellman equation.In the first problem

APA, Harvard, Vancouver, ISO, and other styles

23

Malafronte, Irma, Maria Grazia Starita, and John Pereira. "The effectiveness of risk disclosure practices in the European insurance industry." Review of Accounting and Finance 17, no. 1 (2018): 130–47. http://dx.doi.org/10.1108/raf-09-2016-0150.

Full text

Abstract:

Purpose This paper aims to examine whether risk disclosure practices affect stock return volatility and company value in the European insurance industry. Design/methodology/approach Using a self-constructed “risk disclosure index for insurers” (RDII) to measure the extent of information disclosed on risks and using panel data regression on a sample of European insurers for 2005-2010, it tests the relationship between RDII and stock return volatility; whether this relationship is affected by financial crisis; and whether RDII affects insurance companies’ embedded value. Findings The main result

APA, Harvard, Vancouver, ISO, and other styles

24

Sari, Suci, Arief Hakim, Ikha Magdalena, and Khreshna Syuhada. "Modeling the Optimal Combination of Proportional and Stop-Loss Reinsurance with Dependent Claim and Stochastic Insurance Premium." Journal of Risk and Financial Management 16, no. 2 (2023): 95. http://dx.doi.org/10.3390/jrfm16020095.

Full text

Abstract:

This paper investigates an optimal reinsurance policy using a risk model with dependent claim and insurance premium by assuming that the insurance premium is random. Their dependence structure is modeled using Sarmanov’s bivariate exponential distribution and the Farlie–Gumbel–Morgenstern (FGM) copula-based bivariate exponential distribution. The reinsurance premium paid by the insurer to the reinsurer is fixed and is charged by the expected value premium principle (EVPP) and standard deviation premium principle (SDPP). The main objective of this paper is to determine the proportion and retent

APA, Harvard, Vancouver, ISO, and other styles

25

Nii Boi Quaye, Enoch, Charles Andoh, and Anthony Q.Q. Aboagye. "Loss reserve variability and loss reserve errors." Journal of Risk Finance 15, no. 3 (2014): 248–63. http://dx.doi.org/10.1108/jrf-03-2014-0018.

Full text

Abstract:

Purpose – The purpose of this study is to assess the level and variability of Ghanaian property and liability insurer’s reserve estimates to examine its sources and ascertain if reserve errors are random or not (i.e. manipulated or not). Design/methodology/approach – It uses information on insurer claim reserve provisions, claims outstanding, claims incurred and claims paid for the period of 2000-2010. Categorizing the sources of variation as endogenous and exogenous, the authors use the panel correlated standard error regression model to determine sources and magnitude of industry reserve err

APA, Harvard, Vancouver, ISO, and other styles

26

Kusi, Baah Aye, Abdul Latif Alhassan, Daniel Ofori-Sasu, and Rockson Sai. "Insurance regulations, risk and performance in Ghana." Journal of Financial Regulation and Compliance 28, no. 1 (2019): 74–96. http://dx.doi.org/10.1108/jfrc-09-2018-0126.

Full text

Abstract:

Purpose This study aims to examine the hypothesis that the effect of insurer risks on profitability is conditional on regulation, using two main regulatory directives in the Ghanaian insurance market as a case study. Design/methodology/approach This study used the robust ordinary least square and random effect techniques in a panel data of 30 insurers from 2009 to 2015 to test the research hypothesis. Findings The results suggest that regulations on no credit premium and required capital have insignificant effects on profitability of insurers. On the contrary, this study documents evidence tha

APA, Harvard, Vancouver, ISO, and other styles

27

HAREL, ARIE, and GIORA HARPAZ. "FAIR ACTUARIAL VALUES FOR DEDUCTIBLE INSURANCE POLICIES IN THE PRESENCE OF PARAMETER UNCERTAINTY." International Journal of Theoretical and Applied Finance 10, no. 02 (2007): 389–97. http://dx.doi.org/10.1142/s0219024907004159.

Full text

Abstract:

This paper derives the multi-period fair actuarial values for six deductible insurance policies offered in today's insurance markets. The loss in any given period is generated by the Weibull distribution with a known shape parameter but an unknown scale parameter. The insurer is assumed to be a Bayesian decision maker, in the sense that he/she learns sequentially about the unknown scale parameter by observing the realizations of the filed claims. It is shown that the insurer's underlying predictive loss distributions belong to the Burr family, and the multi-period actuarially fair policy value

APA, Harvard, Vancouver, ISO, and other styles

28

Cicala, Steve, Ethan M. J. Lieber, and Victoria Marone. "Regulating Markups in US Health Insurance." American Economic Journal: Applied Economics 11, no. 4 (2019): 71–104. http://dx.doi.org/10.1257/app.20180011.

Full text

Abstract:

A health insurer's Medical Loss Ratio (MLR) is the share of premiums spent on medical claims, or the inverse markup over average claims cost. The Affordable Care Act introduced minimum MLR provisions for all health insurance sold in fully insured commercial markets, thereby capping insurer profit margins, but not levels. While intended to reduce premiums, we show this rule creates incentives to increase costs. Using variation created by the rule's introduction as a natural experiment, we find medical claims rose nearly one-for-one with distance below the regulatory threshold: 7 percent in the

APA, Harvard, Vancouver, ISO, and other styles

29

Viswanathan, Krupa S., and Jean Lemaire. "Bonus-malus Systems in a Deregulated Environment: Forecasting Market Shares Using Diffusion Models." ASTIN Bulletin 35, no. 01 (2005): 299–319. http://dx.doi.org/10.2143/ast.35.1.583177.

Full text

Abstract:

In a deregulated insurance market, insurance carriers have an incentive to be innovative in their pricing decisions by segmenting their portfolios and designing new bonus-malus systems (BMS). This paper examines the evolution of market shares and claim frequencies in a two-company market, when one insurer breaks off the existing stability by introducing a super-discount class in its BMS. Several assumptions concerning policyholders and insurers behavior are tested. Diffusion theory is used to model the spread of the information concerning the new BMS among prospective customers. A wide variety

APA, Harvard, Vancouver, ISO, and other styles

30

Jayasuriya Daluwathumullagamage, Dulani. "Icarus of the 21st century: bond/monoline insurance." Qualitative Research in Financial Markets 14, no. 1 (2021): 1–52. http://dx.doi.org/10.1108/qrfm-07-2020-0122.

Full text

Abstract:

Purpose The business model of monoline insurers is to guarantee payments of debt issues in case of defaults by the issuer. Although sparse attention is given to monolines in literature, they play an important role in enabling municipalities and firms in refinancing. This study aims to conduct a systematic review of 181 articles from 1990 to 2020 from 23,130 records and a case study on the key monoline insurers. Key failure, success factors and demand for future monoline insurance are identified. Finally, the study explores monolines’ potential during COVID-19 and develops a framework for monol

APA, Harvard, Vancouver, ISO, and other styles

31

Sharma, Puspa Raj. "An Overview of Insurance Services in Nepal." Janapriya Journal of Interdisciplinary Studies 2 (August 17, 2017): 12–20. http://dx.doi.org/10.3126/jjis.v2i1.18061.

Full text

Abstract:

The present scenario of micro (finance and insurance) seems a lot of uncertainty. Naturally uncertainty gives birth to risk. Therefore, the need for risk-management solutions is undisputed by policy makers, who are aware that poor families can lose - in a matter of hours - assets that took years to accumulate, due to a sudden sickness or accident. The policy to provide free primary care and to a certain degree secondary care is positive step and could effectively help to reduce financial exposure of Nepal’s poor when the policy is implemented and functional on large scale. But even if this wou

APA, Harvard, Vancouver, ISO, and other styles

32

Wu, Renchao, and Athanasios A. Pantelous. "POTENTIAL GAMES WITH AGGREGATION IN NON-COOPERATIVE GENERAL INSURANCE MARKETS." ASTIN Bulletin 47, no. 1 (2016): 269–302. http://dx.doi.org/10.1017/asb.2016.31.

Full text

Abstract:

AbstractIn the global insurance market, the number of product-specific policies from different companies has increased significantly, and strong market competition has boosted the demand for a competitive premium. Thus, in the present paper, by considering the competition between each pair of insurers, an N-player game is formulated to investigate the optimal pricing strategy by calculating the Nash equilibrium in an insurance market. Under that framework, each insurer is assumed to maximise its utility of wealth over the unit time interval. With the purpose of solving a game of N-players, the

APA, Harvard, Vancouver, ISO, and other styles

33

Schlütter, Sebastian. "Capital requirements or pricing constraints?" Journal of Risk Finance 15, no. 5 (2014): 533–54. http://dx.doi.org/10.1108/jrf-04-2014-0055.

Full text

Abstract:

Purpose – This paper aims to investigate the interaction between capital requirements and pricing constraints as measures for insurance regulation. Design/methodology/approach – In a theoretical model framework, the author derives the insurer’s shareholder-value-maximizing response to capital regulation, price regulation and the unregulated strategy as a benchmark; all three strategies are presented in an analytical form. Findings – The paper demonstrates that risk-based capital requirements exhibit an efficiency advantage over price regulation and allow for lower premiums. Moreover, the analy

APA, Harvard, Vancouver, ISO, and other styles

34

Chen, Shi, Yonghong Zhao, Shiu-Chieh Chiu, Jingfei Wu, and Jyh-Horng Lin. "Balancing equity and policyholder protection: Assessing insurer’s interests in green lending under cap-and-trade regulations." PLOS ONE 18, no. 11 (2023): e0293975. http://dx.doi.org/10.1371/journal.pone.0293975.

Full text

Abstract:

This paper presents a contingent claim model designed to assess an insurer’s equity within the framework of carbon trading regulations imposed on borrowing firms while also considering the integration of green lending. The development of this model is particularly relevant for regions with established carbon trading markets, with a specific focus on the post-period following the 2015 Paris Agreement concerning climate change. We focus on shareholders and policyholders to optimize equity and ensure maximum protection. Strict caps in cap-and-trade harm interest margins, reducing guaranteed rates

APA, Harvard, Vancouver, ISO, and other styles

35

МЕЛЬНИЧУК, Ю. М., and О. А. ДЕМ’ЯНИШИНА. "Theoretical and methodical foundations of the use of accounting information for the analysis of the activities of insurers." Economies' Horizons, no. 4(7) (December 31, 2018): 88–97. https://doi.org/10.31499/2616-5236.4(7).2018.161724.

Full text

Abstract:

The article is devoted to the study of the interaction of theoretical and methodical foundations of the use of accounting information, namely financial reporting, for analysis the activities of insurers. The purpose of the research. The purpose of the study is to identify the relationship of indicators of accounting content when used in assessing the financial condition of the insurance company. Methodology. The totality of research methods is a methodology for analyzing and organizing the main legislative acts and laws, namely the methods of generalization, comparison, chronology, analysis an

APA, Harvard, Vancouver, ISO, and other styles

36

Syuhada, Khreshna, Arief Hakim, and Suci Sari. "The Combined Stop-Loss and Quota-Share Reinsurance: Conditional Tail Expectation-Based Optimization from the Joint Perspective of Insurer and Reinsurer." Risks 9, no. 7 (2021): 125. http://dx.doi.org/10.3390/risks9070125.

Full text

Abstract:

In the presence of reinsurance, an insurer may effectively reduce its (aggregated) loss by partially ceding such a loss to a reinsurer. Stop-loss and quota-share reinsurance contracts are commonly agreed between these two parties. In this paper, we aim to explore a combination of these contracts. The survival functions of the ceded loss and the retained loss are firstly investigated. Optimizing such a reinsurance design is then carried out from the joint perspective of the insurer and the reinsurer. Specifically, we explicitly derive optimal retentions under a criterion of minimizing a convex

APA, Harvard, Vancouver, ISO, and other styles

37

Chuang, Chung-Chu, and Yu-Chieh Tang. "Asymmetric dependence between efficiency and market power in the Taiwanese life insurance industry." Panoeconomicus 62, no. 4 (2015): 511–25. http://dx.doi.org/10.2298/pan1504511c.

Full text

Abstract:

Both market power and efficiency contribute to the viability of the insurer, making them essential for the management of life insurance companies. This study measured efficiency using the stochastic frontier approach based on the translog cost function. We then investigated the relationship between efficiency and market power using generalized extreme value analysis. The results show a strong nonlinear, asymmetric dependence between efficiency and market power of leading Taiwanese insurers. In other words, companies with greater market power do not necessarily exhibit greater efficiency. This

APA, Harvard, Vancouver, ISO, and other styles

38

Cheng, Jiang, Wenlan Qian, and David M. Reeb. "The Ownership Complaint Gap: Mutual versus Stock Intermediaries." Journal of Financial and Quantitative Analysis 55, no. 5 (2019): 1685–715. http://dx.doi.org/10.1017/s0022109019000474.

Full text

Abstract:

We document a substantial customer complaint gap between stock and mutual financial firms. To assess whether this 21% per year complaint gap stems from complaint-prone customers in stock insurers, we examine state-adjudicated complaint success. To further delineate between customer selection or treatment explanations, we exploit within insurer complaints around random claims (natural disasters) and attention shocks (media scrutiny). Further tests reveal the complaint gap widens with greater competition, near insolvency thresholds, and with more price regulation. Overall, the results are incons

APA, Harvard, Vancouver, ISO, and other styles

39

Maurer, Raimond, Ralph Rogalla, and Ivonne Siegelin. "PARTICIPATING PAYOUT LIFE ANNUITIES: LESSONS FROM GERMANY." ASTIN Bulletin 43, no. 2 (2013): 159–87. http://dx.doi.org/10.1017/asb.2013.10.

Full text

Abstract:

AbstractThis paper analyzes the framework of German participating payout life annuities (PLAs), which offer guaranteed minimum benefits as well as participation in insurers' surpluses. We show that the process of sharing surpluses between shareholders and policyholders follows transparent and consistent rules. Subsequently, we develop an asset-liability model for a stylized German life insurer that offers PLAs to evaluate benefit variability and insurer stability given stochastic mortality and capital market developments. Our results suggest that guaranteed benefits can be provided with high c

APA, Harvard, Vancouver, ISO, and other styles

40

Gaver, Jennifer J., Jeffrey S. Paterson, and Carl J. Pacini. "The Influence of Auditor State-Level Legal Liability on Conservative Financial Reporting in the Property-Casualty Insurance Industry." AUDITING: A Journal of Practice & Theory 31, no. 3 (2012): 95–124. http://dx.doi.org/10.2308/ajpt-10292.

Full text

Abstract:

SUMMARY This paper provides the first evidence that state-level liability standards affect auditor behavior. We hypothesize that auditors demand more conservative reporting when their insurance clients are domiciled in states with more stringent standards for third-party claims against the auditor for negligence. To test this hypothesis, we analyze a sample of 3,107 loss reserve observations from 1993 through 2004. Our sample is restricted to private insurers that operate in a single state to control for auditor liability under statutory law and to reduce the possibility of forum shopping by p

APA, Harvard, Vancouver, ISO, and other styles

41

Wandt, Manfred, and Kevin Bork. "Disclosure duties in German insurance contract law." Zeitschrift für die gesamte Versicherungswissenschaft 109, no. 1 (2020): 81–103. http://dx.doi.org/10.1007/s12297-020-00462-0.

Full text

Abstract:

Abstract This paper analyses disclosure duties in insurance contract law in Germany on the basis of questions developed in preparation of the World Congress of the International Insurance Law Association (AIDA) 2018. As risk factors are within the policyholder’s sphere of knowledge, the insurer naturally depends on gaining such knowledge from its policyholder in order to calculate and evaluate premium and risk. Legal approaches as to how the insurer may obtain relevant information and the legal consequences differ in national insurance contract laws around the globe. Taking part in this legal

APA, Harvard, Vancouver, ISO, and other styles

42

Kucherivska, Sofiia. "COMPETITIVE ADVANTAGES OF INSURANCE COMPANIES IN THE NEW ECONOMY." Scientific Notes of Ostroh Academy National University, "Economics" Series 1, no. 32(60) (2024): 24–28. http://dx.doi.org/10.25264/2311-5149-2024-32(60)-24-28.

Full text

Abstract:

The article is devoted to researching the competition of insurance companies, determining their competitive advantages in the conditions of the expansion of the spectrum of financial services thanks to FinTech, InsurTech, and general digitalization of business processes. The essence of competition and its importance for the main participants of the insurance market: insurers, policyholders, and the state are revealed. The main factors determining the competition of insurers are the specificity of insurance as a financial service, a high level of state regulation, the complexity of insurance op

APA, Harvard, Vancouver, ISO, and other styles

43

Wrzesiński, Piotr. "The Impact of Sustainable Finance on Insurers’ Activity." Prawo Asekuracyjne 4, no. 105 (2020): 78–94. http://dx.doi.org/10.5604/01.3001.0014.5667.

Full text

Abstract:

The article contains an analysis of the impact of the sustainable finance provisions either currently being developed at the European level or already partially implemented on the activities of insurance companies. These regulations will affect insurers’ activity as they play an important role in adapting the EU economy to climate change, above all, acting as long-term investors and risk managers, but also through appropriate management of the provided insurance cover. At this stage, the system seems to be quite complicated. The adopted sustainable finance regulations impose a number of obliga

APA, Harvard, Vancouver, ISO, and other styles

44

Curto, Vilsa, Liran Einav, Amy Finkelstein, Jonathan Levin, and Jay Bhattacharya. "Health Care Spending and Utilization in Public and Private Medicare." American Economic Journal: Applied Economics 11, no. 2 (2019): 302–32. http://dx.doi.org/10.1257/app.20170295.

Full text

Abstract:

We compare health care spending in public and private Medicare using newly available claims data from Medicare Advantage (MA) insurers. MA insurer revenues are 30 percent higher than their health care spending. Adjusting for enrollee mix, health care spending per enrollee in MA is 9 to 30 percent lower than in Traditional Medicare (TM), depending on the way we define “comparable” enrollees. Spending differences primarily reflect differences in health care utilization, with similar reductions for “high-value” and “low-value” care, rather than health care prices. We present evidence consistent w

APA, Harvard, Vancouver, ISO, and other styles

45

Boyer, M. M., and C. M. Nyce. "Insuring catastrophes and the role of governments." Natural Hazards and Earth System Sciences 13, no. 8 (2013): 2053–63. http://dx.doi.org/10.5194/nhess-13-2053-2013.

Full text

Abstract:

Abstract. In this paper we model the cost of providing insurance coverage against natural and man-made hazards. We propose an insurance market model that explains (1) the use of reinsurance to help finance the cost of catastrophic events and (2) the implicit (or explicit) presence of government entities acting as (re)insurers of last resort. Using an economic model, we show how insurance programmes should be designed to cover the losses due to a possible catastrophic natural hazard. Our results show that the optimal structure of a reinsurance programme minimizes the cost of offering insurance

APA, Harvard, Vancouver, ISO, and other styles

46

Yang, Lin, Athanasios A. Pantelous, and Hirbod Assa. "ROBUST STABILITY, STABILISATION AND H-INFINITY CONTROL FOR PREMIUM-RESERVE MODELS IN A MARKOVIAN REGIME SWITCHING DISCRETE-TIME FRAMEWORK." ASTIN Bulletin 46, no. 3 (2016): 747–78. http://dx.doi.org/10.1017/asb.2016.13.

Full text

Abstract:

AbstractThe premium pricing process and the medium- and long-term stability of the reserve policy under conditions of uncertainty present very challenging issues in relation to the insurance world. Over the last two decades, applications of Markovian regime switching models to finance and macroeconomics have received strong attention from researchers, and particularly market practitioners. However, relatively little research has so far been carried out in relation to insurance. This paper attempts to consider how a linear Markovian regime switching system in discrete-time could be applied to m

APA, Harvard, Vancouver, ISO, and other styles

47

Kurnia Ali Syarif. "Application Of The Principle Of Freedom Of Contract In Insurance Law Protection For Policy Holders." International Journal of Education, Vocational and Social Science 4, no. 01 (2024): 1–15. https://doi.org/10.63922/ijevss.v4i01.1379.

Full text

Abstract:

In the insurance industry in Indonesia, claim settlement is an important process that influences policyholders' trust in insurance companies. The principle of freedom of contract is the basis for the existence of standard agreements that regulate the legal relationship between insurers and consumers in insurance companies. However, the application of this principle requires that the parties entering into an agreement have an equal position so that the rights, obligations and provisions in the agreement take into account the interests of all parties. Insurance is an agreement between the insure

APA, Harvard, Vancouver, ISO, and other styles

48

Babazono, Akira, Janet Weiner, Toshihide Tsuda, Yoshio Mino, and Alan L. Hillman. "The Effect of a Redistribution System for Health Care for the Elderly on the Financial Performance of Health Insurance Societies in Japan." International Journal of Technology Assessment in Health Care 14, no. 3 (1998): 458–66. http://dx.doi.org/10.1017/s0266462300011430.

Full text

Abstract:

AbstractHealth care for the elderly in Japan is financed through a pool to which all insurers contribute. We analyzed insurers' financial data to evaluate this redistribution system. Cost sharing affected financial performance substantially. The current formula for cost-sharing redistributes elderly health care costs unequally and should be changed.

APA, Harvard, Vancouver, ISO, and other styles

49

Xu, Ziheng, Houqing Fang, and Weidong Wang. "The Impact of Climate Risk on Insurers’ Sustainable Operational Efficiency: Empirical Evidence from China." Sustainability 17, no. 8 (2025): 3423. https://doi.org/10.3390/su17083423.

Full text

Abstract:

The operational efficiency of insurance companies is crucial for their long-term stability and sustainable development. Climate risk has emerged as a significant factor affecting insurers’ operational performance in the context of global climate change and sustainable development goals. Although prior research provides a solid foundation, further exploration is needed to clarify how climate risk influences insurers’ efficiency and underlying mechanisms. This paper uses panel data from 248 Chinese insurance companies spanning 2011 to 2021 to construct a climate risk indicator and systematically

APA, Harvard, Vancouver, ISO, and other styles

50

Yuda, Michio. "Structural and Regional Characteristics and Cost Efficiencies in the Local Public Health Insurance System: Empirical Evidence from the Japanese National Health Insurance System." Journal of Economics and Public Finance 2, no. 2 (2016): 262. http://dx.doi.org/10.22158/jepf.v2n2p262.

Full text

Abstract:

<p><em>In this study, I use panel data from municipal Japanese National Health Insurance (JNHI) insurers to estimate their financial efficiency scores using nonparametric methods and to estimate the causal effects of structural and regional characteristics on the efficiency scores consistently using econometric methods. The major findings of this study are as follows. First, the estimated efficiency scores imply that many JNHI insurers have serious financial inefficiencies, and that total cost efficiency (economic efficiency) is strongly and positively correlated with allocative ef

APA, Harvard, Vancouver, ISO, and other styles

We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!