淡江大學機構典藏:Item 987654321/80468
English  |  正體中文  |  简体中文  |  Items with full text/Total items : 62822/95882 (66%)
Visitors : 4017025      Online Users : 553
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/80468


    Title: An Analysis of Reinsurance and Firm Performance: Evidence from the Taiwan Property-Liability Insurance Industry
    Authors: Lee, Hsu-Hua;Lee, Chen-Ying
    Contributors: 淡江大學管理科學學系
    Keywords: reinsurance;property-liability insurance;panel data;firm performance
    Date: 2012-07
    Issue Date: 2013-01-25 07:33:14 (UTC+8)
    Publisher: Basingstoke: Palgrave Macmillan Ltd.
    Abstract: This study investigates the relationship between reinsurance and firm performance by sourcing panel data from the 1999 to 2009 period of the property-liability insurance industry in Taiwan. The results of this investigation offer some insight that firm performance and reinsurance are interdependent. We find that insurers with higher return on assets (ROA) tend to purchase less reinsurance and insurers with higher reinsurance dependence tend to have a lower level of firm performance. Therefore, managers have to strike a balance between decreasing insolvency risk and reducing potential profitability. Other empirical results show that ROA, underwriting risks, liquidity ratio, business line concentration, return on investment (ROI) and financial holding dummy have a significant correlation with reinsurance. In addition, firm size, financial leverage, reinsurance, underwriting risks, liquidity ratio and ROI have a significant influence on firm performance. Our results have practical implications for the property-liability insurance industry and competent authorities in Taiwan.
    Relation: The Geneva Risk and Insurance Review 37, pp.467–484
    DOI: 10.1057/gpp.2012.9
    Appears in Collections:[Department of Management Sciences] Journal Article

    Files in This Item:

    File Description SizeFormat
    An Analysis of Reinsurance and Firm Performance.pdf164KbAdobe PDF41View/Open
    index.html0KbHTML18View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.

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