English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 54451/89232 (61%)
造访人次 : 10572335      在线人数 : 27
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻

    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/117093

    题名: The effects of business mix on internal and external reinsurance usage
    作者: Ching-Yuan Hsiao, Yung-Ming Shiu
    关键词: Finite risk paradigm;Risk-bearing hypothesis;Managerial discretion;Internal reinsurance;External reinsurance
    日期: 2019-10
    上传时间: 2019-09-24 12:10:24 (UTC+8)
    出版者: Palgrave Macmillan UK
    摘要: Our overall aim in this research is to identify the effects of the business mix of insurers on their overall reinsurance usage, based on the use of the Cragg (Econometrica 39:829–844, 1971) model, for our analysis of the reinsurance decisions made by insurers in the U.K. life insurance industry between 2005 and 2014. Our findings reveal a positive (negative) correlation between with-profit (unit-linked) business and reinsurance, thereby indicating that insurers underwriting riskier product mixes have a higher demand for reinsurance. We go on to separate total reinsurance into internal and external reinsurance before carrying out further analyses. Our results reveal that insurers underwriting more with-profit business appear to use more internal reinsurance, which would seem to imply that internal reinsurance could be more cost effective for those reinsurance transactions involving greater managerial discretion.
    關聯: The Geneva Papers on Risk and Insurance - Issues and Practice 44(4), p.624-652
    DOI: 10.1057/s41288-019-00138-6
    显示于类别:[風險管理與保險學系] 期刊論文


    档案 描述 大小格式浏览次数
    The effects of business mix on internal and external reinsurance usage.pdf715KbAdobe PDF0检视/开启



    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈