政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/129289

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113648/144635 (79%)
Visitors : 51575841 Online Users : 840

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 風險管理與保險學系 > 期刊論文 > Item 140.119/129289

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/129289

Title:	How Does Reinsurance and Derivatives Usage Affect Financial Performance? Evidence from the UK Non-life Insurance Industry
Authors:	許永明 Yung-MingShiu
Contributors:	風管系
Keywords:	Reinsurance;Derivatives;Performance;Non-life insurers.
Date:	2019-09
Issue Date:	2020-04-20 14:39:15 (UTC+8)
Abstract:	A three-equation structural model is applied in this study to facilitate our examination of 1994-2011 regulatory returns data on UK non-life insurers, from which we find that those insurers using more reinsurance tended to have inferior financial performance, whilst those insurers with a predisposition towards risk management tended to have used both reinsurance and derivatives. We also find that those insurers with high loss ratios were found to have inferior financial performance. Our analysis sheds some light on the relationships between financial performance, reinsurance and derivative usage.
Relation:	Economic Modelling, 88, 376-385
Data Type:	article
DOI 連結:	https://doi.org/10.1016/j.econmod.2019.09.048
DOI:	10.1016/j.econmod.2019.09.048
Appears in Collections:	[風險管理與保險學系] 期刊論文

Files in This Item:

File	Description	Size	Format
36.pdf		870Kb	Adobe PDF2	346	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...