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    政大機構典藏 > 商學院 > 財務管理學系 > 學位論文 >  Item 140.119/58791
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/58791


    Title: 產險費率自由化對台灣產險公司資本結構之影響
    The Influence of Rate Deregulation to Taiwan Property and Casualty Companies
    Authors: 劉凱軒
    Contributors: 周行一
    劉凱軒
    Keywords: 費率自由化
    損失率
    再保險
    資本結構
    Date: 2012
    Issue Date: 2013-07-11 16:46:52 (UTC+8)
    Abstract: 台灣產險費率自由化原本的立意是希望將價格回歸市場機制並增加其透明度,藉此保障保戶的權益;但是國人對於產物保險的觀念普遍尚未成熟,依然還是以價格為主要考量因素,再加上台灣產險市場規模太小,與壽險市場的比例嚴重失衡,2012年台灣產險保費收入僅是壽險保費收入的二十分之一,因此造成產險公司彼此間為了爭取簽單業務的市佔率而惡性的殺價競爭,錯估了公司本身的風險胃納,造成倒閉等嚴重後果:費率自由化第一階段過程中,國華產物保險公司即因經營不善導致資金流動性不足,遭主管機關勒令停業,而華山產物保險公司也在第二階段過程中,同樣因資金流動性不足,遭主管機關勒令停業,如此嚴重的後果不僅違背了費率自由化最根本的初衷,對於產險公司本身及保戶的權益也是嚴重的傷害。
    本研究即針對費率自由化後所衍生出核保風險的問題,探討產物保險公司是如何以再保險及調整資本結構的方式將風險轉嫁及調整,同時也藉此議題連結財務與保險,探究產物保險市場的財務操縱策略。
    Reference: 廖振盛,“費率自由化前後產險業經營效率變化分析:隨機邊界法之應用”,台灣銀行季刊,民國九十九年六月,第六十一卷,第二期,46-59。
    高渭川執筆,保險業會計制度與財務報表分析,保險業財務評估與監理,財團法人保險事業發展中心,民國九十六年一月,36-37。
    許文獻和王詩穎,“我國產險業最低資本額與資本結構之研究”,風險管理學報,民國九十二年三月,第五卷,第一期,109-125。
    現代保險健康理財雜誌編輯團隊,“巨災常態化,保費不足沒保障”,現代保險健康理財雜誌,民國一百年三月,第二百六十七期。
    張士傑、黃雅文和張孝銓,“台灣產物保險市場之權益資金成本”,保險經營與制度,民國九十九年四月,第九卷,第二期,127-155。
    張簡永章,“產物保險業之資本結構的影響因素探討與實證研究”,保險專刊,民國八十九年十二月,第六十二輯,145-163。
    陳建勝、陳美菁和林明宏,“我國產險業資本結構與風險對獲利能力影響之研究”,風險管理學報,民國九十三年十一月,第六卷,第三期,273-290。
    J. David Cummins, and David W. Sommer, 1996, Capital and Risk in Property-Liability Insurance Market, Journal of Banking & Finance, Vol. 20, Issue 6, 1069-1092.
    Karen K. Nelson, 2000, Rate Regulation, Competition, and Loss Reserve Discounting by Property-Casualty Insurers, Accounting Review, Vol. 75, No. 1, 115-138.
    Martin F. Grace, and J. Tyler Leverty, 2010, Political Cost Incentive for Managing the Property-Liability Insurer Loss Reserve, Journal of Accounting, Vol. 48, No. 1, 21-49.
    Nat Pope, 2004, Deregulation in the Japanese Insurance Marketplace: Sizzle or Fizzle?, Journal of Insurance Regulation, Vol. 22, Issue 3, 19-38.
    Robert A. Taggart Jr., 1981, Rate of Return Regulation and Utility Capital Structure Decisions, Journal of Finance, Vol. 36, No. 2, 383-393.
    Robert W. Klein, Richard D. Phillips. and Wen-Yan Shiu, 2002, The Capital Structure of Firms Subject to Price Regulation: Evidence from the Insurance Industry, Journal of Financial Services Research, Vol. 21, Issue 1/2, 79-100.
    Thomas R. Berry-Stölzle, and Patricia Born, 2012, The Effect of Regulation on Insurance Pricing: The Case of Germany, Journal of Risk and Insurance, Vol. 78, No.1, 129-164
    Yossef Spiegel, and Daniel F. Spulder, 1994, The Capital Structure of a Regulated Firm, Rand Journal of Economics, Vol. 25, No. 3, 424-440.
    Yung-Ming Shiu, 2011, Reinsurance and Capital Structure: Evidence from United Kingdom Non-life Insurance Industry, Journal of Risk and Insurance, Vol. 78, No. 2, 475-494.
    Description: 碩士
    國立政治大學
    財務管理研究所
    100357021
    101
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0100357021
    Data Type: thesis
    Appears in Collections:[財務管理學系] 學位論文

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