Academic literature on the topic 'Lapsation'

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Journal articles on the topic "Lapsation"

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Mrs. A. Siva Naga Lakshmi and Dr. P. V. Mohini. "An Empirical Study on the Review of Literature on Factors Determining Lapsation of Insurance Policies." Economic Sciences 20, no. 2 (2024): 01–07. http://dx.doi.org/10.69889/8f96mk32.

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Economic conditions or financial hardships may lead to the lapsation of the insurance policy. Policyholders may prioritize their expenses and postpone the payment of premiums to the insurance premium. Lapsation has significant consequences including loss of coverage, premiums, and coverage in the future. The different researchers have identified various reasons for the lapsation. The current study focuses on the review of the literature about the factors influencing lapsation and a hypothetical study about the factors.
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Velmurugan, R., M. Kalimuthu, S. Karthik, Maksud A. Madraswale, K. Srivignesh Kumar, and M. Prakash. "A Study on Lapsation of Insurance Polices of Select Insurance Companies." International Journal of Professional Business Review 8, no. 6 (2023): e02688. http://dx.doi.org/10.26668/businessreview/2023.v8i6.2688.

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Purpose: Lapsation is the discontinuation of payment of premia for reasons other than the death of a policy holder. A majority of insurance companies notice that half of their policyholders do not pay their insurance premia regularly leading to an increase in lapsation of policies. Increase in lapsation not only affects the policyholders’ welfare but also insurance companies’ business growth. So, the present study was carried out to determine where lapsation rate is high and to offer solutions to reduce the rate of lapsation. Design/Methodology/Approach: The present study is descriptive in nat
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Koijen, Ralph S. J., Hae Kang Lee, and Stijn Van Nieuwerburgh. "Aggregate lapsation risk." Journal of Financial Economics 155 (May 2024): 103819. http://dx.doi.org/10.1016/j.jfineco.2024.103819.

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Jeewanthi, K. B. I., and S. L. Sudasinghe. "Factors Affecting Lapsation of Life Insurance Policies in Sri Lanka: Special Reference to Matara District." Sri Lanka Journal of Management Studies 6, no. 2 (2025): 60–78. https://doi.org/10.4038/sljms.v6i2.122.

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Long-term insurance companies operate in Sri Lanka's insurance industry, offering various kinds of insurance products. Customers have a vast range of choices, and they have become more powerful decision-makers in the market. Also, this study will help to solve the existing problems in life insurance plans and create high recognition in the field. So that, it is more important to identify the key factors affect the lapsation of life insurance policies. To achieve this goal, questionnaires were distributed among 97 employees who are life insurance policyholders in Matara District. Data was colle
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LAKSHMI. ALLURI, Mrs SIVA NAGA, and Dr P. V. MOHINI. "A STUDY ON CAUSES OF LAPSATION FROM THE INSURANCE POLICYHOLDER PERSPECTIVE OF VIJAYAWADA CITY." International Journal of Management Studies and Social Science Research 06, no. 02 (2024): 24–31. http://dx.doi.org/10.56293/ijmsssr.2024.4903.

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The human experience is replete with many hazards and uncertainties. One effective approach to mitigating the impact of these risks and losses is to get insurance coverage. Insurance plays a significant role within the financial sector of the Indian economy. Life insurance has emerged as an essential component of the human existence. As it is the essential all the earning people are approached to buy the policy, but as life transforms so many factors are influencing them to not to pay the premium and that leads to lapsation. If the rate of lapsation is huge its impact on financial health of th
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Nurul Hazwany Shamsuddin, Siti Aida Sheikh Hussin, Zalina Zahid, and Noor Asiah Ramli. "Lapsation Risk: Takaful Operators In Malaysia." Applied Mathematics and Computational Intelligence (AMCI) 12, no. 3 (2023): 51–60. http://dx.doi.org/10.58915/amci.v12i3.321.

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Insurance serves as a tool for risk management. Takaful is an Islamic insurance where the concepts of mutual cooperation (ta’awun) and donation (tabarru’) are used as the main pillars. Apart from the usual market and credit risk, lapsation risk is one of the main risks faced by a life insurer. It is important to determine factors that may influence policy lapsation as it could affect the solvency and the profitability of insurance or a Takaful operator. Therefore, the relationship between surrender rates and economic variables (Unemployment Rate, Real Interest Rate, Growth Domestic Product (GD
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Dr., Maxwell Dela Yao Gakpo, Dufie Achampong-Kyei Mame, Aaron Issa Anafure Dr., and Richard Mensah Reichmann Dr. "Corporate Strategies for Addressing Life Insurance Purchase Decisions in Ghana." Journal of Economics, Finance And Management Studies 08, no. 02 (2025): 832–46. https://doi.org/10.5281/zenodo.14835749.

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This study explores corporate strategies for addressing customer behaviour in purchasing life insurance coverage in Ghana, focusing on factors influencing purchase decisions, reasons for policy lapsation, and effective marketing strategies to enhance consumer engagement. This study employed a qualitative research approach, collecting data primarily through in-depth interviews. The findings revealed that income levels, guaranteed protection, and assured coverage are key drivers of life insurance purchases. Conversely, economic and social challenges such as unemployment, job loss, rising premium
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Guillen, Montserrat, Catalina Bolancé, Edward W. Frees, and Emiliano A. Valdez. "Case study data for joint modeling of insurance claims and lapsation." Data in Brief 39 (December 2021): 107639. http://dx.doi.org/10.1016/j.dib.2021.107639.

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Jones, Bruce L. "A Model for Analyzing the Impact of Selective Lapsation on Mortality." North American Actuarial Journal 2, no. 1 (1998): 79–86. http://dx.doi.org/10.1080/10920277.1998.10595677.

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Mall, Sunita, and Seshadev Sahoo. "Determinants of lapsation of life insurance policies: an empirical investigation for the Indian market." International Journal of Financial Services Management 8, no. 2 (2015): 133. http://dx.doi.org/10.1504/ijfsm.2015.074154.

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Dissertations / Theses on the topic "Lapsation"

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Whitfield, William Tony. "Causes of lapsation and procedures to minimize or eradicate this phenomenon / by W. Tony Whitfield." Thesis, North-West University, 2007. http://hdl.handle.net/10394/1589.

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Lim, Chee Chee. "The relationship between the macroeconomic and demographic factors and the demand for and lapsation of life insurance in Malaysia and the United States." Thesis, City University London, 2005. http://openaccess.city.ac.uk/8455/.

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Economic environments have an effect on both the growth and lapsation of life insurance business. This thesis is undertaken in order to seek evidence of the significance of and relationship between specific macroeconomic and demographic factors and the demand for and lapsation of life insurance in the context of Malaysia and the United States (US). A dynamic, general-to-specific (Gets) approach is adopted in order to analyse the data. The general model (GUM) is formulated as an ADL(l,l) model to be subject to simplification. PcGets, a computer automated software for econometric model selection
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Hayes, Genevieve Katherine, and genevieve hayes@anu edu au. "Stochastic Solvency Testing in Life Insurance." The Australian National University. School of Finance and Applied Statistics, 2009. http://thesis.anu.edu.au./public/adt-ANU20090226.084732.

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Stochastic solvency testing methods have existed for more than 20 years, yet there has been little research conducted in this area, particularly in Australia. This is for a number of reasons, the most pertinent of which being the lack of computing capabilities available in the past to implement more sophisticated techniques. However, recent advances in computing have made stochastic solvency testing possible in practice and have resulted in a trend towards this being done in advanced studies. ¶ The purpose of this thesis is to develop a realistic solvency testing model in a form that can be i
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Hayes, Genevieve Katherine. "Stochastic Solvency Testing in Life Insurance." Phd thesis, 2008. http://hdl.handle.net/1885/49286.

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... ¶ The purpose of this thesis is to develop a realistic solvency testing model in a form that can be implemented by Australian Life Insurers, in anticipation that the Australian insurance regulator, APRA, will ultimately follow the world trend and require stochastic solvency testing to be carried out in Australia. The model is constructed from three interconnected stochastic sub-models used to describe the economic environment and the mortality and lapsation experience of the portfolio of policies under consideration. Australian economic and Life Insurance data is used to fit a number of po
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Books on the topic "Lapsation"

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Bullivant, Stephen. Mass Exodus. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198837947.001.0001.

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In 1962, Pope John XXIII opened the Second Vatican Council with the prophecy that ‘a new day is dawning on the Church, bathing her in radiant splendour’. Desiring ‘to impart an ever increasing vigour to the Christian life of the faithful’, the Council Fathers devoted particular attention to the laity, and set in motion a series of sweeping reforms. The most significant of these centred on refashioning the Church’s liturgy. Over fifty years on, however, the statistics speak for themselves—or seem to. In America, only 15% of cradle Catholics say that they attend Mass on a weekly basis; meanwhile
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Book chapters on the topic "Lapsation"

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Bullivant, Stephen. "The Night Before." In Mass Exodus. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198837947.003.0004.

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The late 1940s and 1950s are rightly regarded as a period of social upheaval and restructuring on both sides of Atlantic. The post-war Baby Boom, the GI Bill, the Cold War, suburbanization, growing prosperity, urban regeneration, social mobility, road building, and car and television ownership all form part of this story. These years are also often viewed in retrospect as a ‘boom time’ for mainstream religion: a time of growing devotion, church building, and—among Catholics particularly—growing self-confidence and social acceptance. Yet under the surface, cracks were beginning to form, with la
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Kumar, Chouturu Manoj, and S. Raghunatha Reddy. "Growth and Development of Microinsurance in LIC of India." In Data Alchemy in Insurance: Revolutionizing the Insurance Industry through Big Data Analytics. BENTHAM SCIENCE PUBLISHERS, 2025. https://doi.org/10.2174/9789815313833125010014.

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In India, LIC of India is the only public insurance company that introduced micro-insurance (MI) policies, which began on 28 September 2006. In India, LIC of India is the only public insurance company that introduced micro-insurance policies, which began on 28 September 2006. This study attempts to study the micro-insurance schemes and distribution channels of LIC of India, the growth and development of the microinsurance business, and the claims and settlements of LIC of India. The LIC of India micro insurance agents gradually increased, maturity claims were more than the total death claims,
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Reports on the topic "Lapsation"

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Koijen, Ralph S., Hae Kang Lee, and Stijn Van Nieuwerburgh. Aggregate Lapsation Risk. National Bureau of Economic Research, 2022. http://dx.doi.org/10.3386/w30187.

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