Against Marine Risk: Margins Determination of Ocean Marine Insurance

淡江大學機構典藏 > 商管學院 > 財務金融學系暨研究所 > 期刊論文 > Item 987654321/23749

jsp.display-item.identifier=請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/23749

题名:	Against Marine Risk: Margins Determination of Ocean Marine Insurance
作者:	聶建中;Nieh, Chien-chung;Jiang, Shi-jie
贡献者:	淡江大學財務金融學系
关键词:	ocean marine insurance;underwriting margin;underwriting cycle;ARDL cointegration
日期:	2006-03
上传时间:	2009-11-30 17:51:53 (UTC+8)
出版者:	Springer
摘要:	As the origin of modern insurance, ocean marine insurance exhibits numerous distinctive characteristics compared with the rest of the property/casualty insurances. This paper originally investigates the determination of the underwriting margin of ocean marine insurance, which is the crucial component of the ocean marine insurance price. Focused on industry-wide level, earlier studies ignored the time series characteristics of underwriting margin to utilize conventional regression, or employed time series methods but were limited with the stationary property of variables. Consistent with prior empirical studies despite of whether considerable variables have unit roots, an ARDL approach for underwriting margins in U.S. ocean marine insurance market during the sample period: 1951-2001 demonstrates that the financial pricing hypothesis [3] is the most suitable model. Such results confirm several unique features of ocean marine insurance market and give reasonable explanation of underwriting cycle, which is a familiar fluctuations progress in marine insurance market.
關聯:	Journal of Marine Science and Technology 14(1), pp.15-24
显示于类别:	[財務金融學系暨研究所] 期刊論文

文件中的档案:

档案	描述	大小	格式	浏览次数
Against Marine Risk Margins Determination of Ocean Marine Insurance.pdf		103Kb	Adobe PDF	3	检视/开启
index.html		0Kb	HTML	87	检视/开启

在機構典藏中所有的数据项都受到原著作权保护.

TAIR相关文章

数据加载中.....