Mergers, coordinated effects and efficiency in the Portuguese non-life insurance industry
International Journal of Industrial Organization, 2013We evaluate the impact on market power and efficiency of a series of mergers on three Portuguese non-life insurance markets. We specify and estimate, with a panel of firm-level data, a structural model which includes: preferences, technology, and a market equilibrium condition. Firms' demand curves are not very elastic.
Duarte Brito +2 more
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Interlocking Directorates as a Trust Substitute: The Italian Non-Life Insurance Industry
SSRN Electronic Journal, 2009This paper investigates the Italian insurance system by analyzing the (interlock) linkages among companies created through their directors. This approach defines interlocking directorates as the tie created between two companies when a person is a member of both boards of directors; each case of administrators’ co-presence is thus a connection between ...
Davide Carbonai, Giovanni Di Bartolomeo
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A Study on Financial Performance of Indian Non-Life Insurance Industry
SSRN Electronic Journal, 2008Study involves an analysis of financial performance of the Non-Life insurance sector in India using financial ratios such as claims ratio and combined ratio. It also involves assessment of compliance with IRDA regulations - Solvency margins and Rural and Social Sector Obligations - by the existing insurers.
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Productivity Growth in the European Insurance Industry: Evidence from Life and Non-Life Companies
International Journal of the Economics of Business, 2013This paper estimates and decomposes productivity growth for a sample of European insurance companies using Standard and Poor's Eurothesys panel data set of company accounts. We focus on a period (1995-2008) where substantial deregulation took place, as well as significant shocks to global capital markets and unforeseen climatic and terrorism-related ...
Vencappa, Dev +2 more
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An efficiency comparison of the non-life insurance industry in the BRIC countries
European Journal of Operational Research, 2013Abstract We analyze the efficiency of non-life insurance companies in four of the fastest-growing markets in the world—the BRIC (Brazil, Russia, India, China) countries. An innovative feature of this paper is its incorporation of uncontrollable variables in the efficiency analysis using multi-stage data envelopment analysis (DEA).
Eling, Martin, Huang, Wei
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Capital Gains, Losses, and Financial Results in the Non-Life Insurance Industry
The Journal of Risk and Insurance, 1975The purpose of this paper is to explore the impact of 1956-72 capital gains and losses upon the risk/return and solvency positions of randomly selected samples of stock and mutual nonlife insurers. The results indicate that for most of the insurers the risk/retum relationships deteriorated when capital gains and losses were included in earnings. If the
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Economies of scale and scope in the Finnish non-life insurance industry
Journal of Banking & Finance, 1997Abstract Economies of scale and scope in Finnish non-life insurance are studied. The production process is separated into cost and portfolio management functions. Firms expand their branch network to either gain market power or informational advantages.
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Impact of Mobile Broadband on Non-life Insurance Industry in Thailand and Singapore
2014This study investigates whether the non-life insurance industries in Thailand and Singapore are growing by the usage of mobile broadband technology. It examines the impact of the third generation (3G) mobile phone in Thailand and compares the same to the impact in Singapore as a benchmark.
Niwattisaiwong Seksiri, Komsan Suriya
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Reinsurance and Capital Structure: Evidence From the United Kingdom Non-Life Insurance Industry
Journal of Risk and Insurance, 2010ABSTRACT Using a data set consisting of statutory returns of U.K. non-life insurers from 1985 to 2002, I find that insurers with higher leverage tend to purchase more reinsurance, and insurers with higher reinsurance dependence tend to have a higher level of debt.
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Growth of the Insurtech Industry: A Quantitative Study with Reference to Private Non-Life Insurers
2023The insurance business is a big economic entity that contributes to global growth. Insurance promotes commerce and it is play a key role in growth of service industry. It is one of the traditional and conventional sector along with banking that is promoting business globally.
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