Insolvency experience, risk-based capital, and prompt corrective action in property-liability insurance
Author
Abstract
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- J. David Cummins & Scott E. Harrington & Robert Klein, 1995. "nsolvency Experience, Risk-Based Capital, and Prompt Corrective Action in Property-Liability Insurance," Center for Financial Institutions Working Papers 95-06, Wharton School Center for Financial Institutions, University of Pennsylvania.
References listed on IDEAS
- Lamm-Tennant, Joan & Starks, Laura T, 1993. "Stock versus Mutual Ownership Structures: The Risk Implications," The Journal of Business, University of Chicago Press, vol. 66(1), pages 29-46, January.
- Cummins, J David, 1988. " Risk-Based Premiums for Insurance Guaranty Funds," Journal of Finance, American Finance Association, vol. 43(4), pages 823-839, September.
- Berger, Lawrence A & Cummins, J David & Tennyson, Sharon, 1992. "Reinsurance and the Liability Insurance Crisis," Journal of Risk and Uncertainty, Springer, vol. 5(3), pages 253-272, July.
- Harrington, Scott E & Danzon, Patricia M, 1994. "Price Cutting in Liability Insurance Markets," The Journal of Business, University of Chicago Press, vol. 67(4), pages 511-538, October.
- Hansmann, Henry, 1985. "The Organization of Insurance Companies: Mutual versus Stock," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 1(1), pages 125-153, Spring.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dionne, Georges & Harrington, Scott, 2017. "Insurance and Insurance Markets," Working Papers 17-2, HEC Montreal, Canada Research Chair in Risk Management.
- Braun, Alexander & Schmeiser, Hato & Rymaszewski, Przemysław, 2015. "Stock vs. mutual insurers: Who should and who does charge more?," European Journal of Operational Research, Elsevier, vol. 242(3), pages 875-889.
- Martin F. Grace & J. Tyler Leverty, 2010. "Political Cost Incentives for Managing the Property‐Liability Insurer Loss Reserve," Journal of Accounting Research, Wiley Blackwell, vol. 48(1), pages 21-49, March.
- Renaud Bourlès, 2006.
"How Can Insurance Companies Compete With MutualInsurers? The Role of Commitment,"
Working Papers
halshs-00410765, HAL.
- Bourlès, Renaud, 2007. "On the Emergence of Private Insurance in Presence of Mutual Agreements," MPRA Paper 5821, University Library of Munich, Germany.
- Patricia Born & William M. Gentry & W. Kip Viscusi & Richard J. Zeckhauser, 1998.
"Organizational Form and Insurance Company Performance: Stocks versus Mutuals,"
NBER Chapters, in: The Economics of Property-Casualty Insurance, pages 167-192,
National Bureau of Economic Research, Inc.
- Patricia Born & William M. Gentry & W. Kip Viscusi & Richard J. Zeckhauser, 1995. "Organizational Form and Insurance Company Performance: Stocks versus Mutuals," NBER Working Papers 5246, National Bureau of Economic Research, Inc.
- Fabrice Roth, 2012. "Crise et régulation des marchés financiers : Quel impact sur les formes mutuelles dans l'assurance ?," Working Papers halshs-00692342, HAL.
- Grillet, Luc L., 1992. "Markets, hierarchies, and hybrids in corporate insurance," Discussion Papers, Series II 173, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Jean-Noël Ory & Yasmina Lemzeri, 2008. "An appraisal of « cooperative banks » versus « plc banks » efficiency: a focus on the French situation and a European perspective," Cahiers du CEREFIGE 0801, CEREFIGE (Centre Europeen de Recherche en Economie Financiere et Gestion des Entreprises), Universite de Lorraine, revised 2008.
- Wise William, 2020. "The Importance of the Efficiency of Mutual Life Insurers: A Comparison to Stock Life Insurers," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 474-505, June.
- Altuntas, Muhammed & Berry-Stölzle, Thomas R. & Wende, Sabine, 2015. "Does one size fit all? Determinants of insurer capital structure around the globe," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 251-271.
- Gardner, L. A. & M. F. Grace, "undated".
"Efficiency Comparisons between Mutual and Stock Life Insurance Companies,"
Working Papers
012, Risk and Insurance Archive.
- M. F. Grace & L. A. Gardner, 1994. "Efficiency Comparisons between Mutual and Stock Life Insurance Companies," Risk and Insurance 9407003, University Library of Munich, Germany.
- Luisa Anderloni & Ornella Moro & Alessandra Tanda, 2019. "Governance e performance nelle imprese di assicurazioni: un’analisi bibliometrica ed una meta analisi," DEM Working Papers Series 177, University of Pavia, Department of Economics and Management.
- Zélia Serrasqueiro & Paulo Maçãs Nunes, 2008. "Performance and size: empirical evidence from Portuguese SMEs," Small Business Economics, Springer, vol. 31(2), pages 195-217, August.
- Chia-Ling Ho & Gene Lai & Sangyong Han & Licheng Jin, 2022. "Organisational structure, corporate governance and reinsurance decisions in the U.S. property-liability insurance industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(4), pages 737-784, October.
- Tong Yu & Bingxuan Lin & Henry R. Oppenheimer & Xuanjuan Chen, 2008. "Intangible Assets and Firm Asset Risk Taking: An Analysis of Property and Liability Insurance Firms," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 11(1), pages 157-178, March.
- J. David Cummins & Hèlyette Geman, 1993. "An Asian Option to the Valuation of Insurance Futures Contracts," Center for Financial Institutions Working Papers 94-03, Wharton School Center for Financial Institutions, University of Pennsylvania.
- repec:mth:ijafr8:v:8:y:2018:i:2:p:152-165 is not listed on IDEAS
- Subramanian, Ajay & Wang, Jinjing, 2021. "Capital, aggregate risk, insurance prices and regulation," Insurance: Mathematics and Economics, Elsevier, vol. 100(C), pages 156-192.
- Fabrice Roth, 2000. "Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance," Working Papers CREGO 1000701, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
- Fabrice Roth, 1998. "Structures de propriété, pouvoir discrétionnaire managérial et choix d'activité dans l'assurance dommages en France," Revue Finance Contrôle Stratégie, revues.org, vol. 1(1), pages 169-194, March.
- Fier, Stephen G. & McCullough, Kathleen A. & Carson, James M., 2013. "Internal capital markets and the partial adjustment of leverage," Journal of Banking & Finance, Elsevier, vol. 37(3), pages 1029-1039.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbfina:v:19:y:1995:i:3-4:p:511-527. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbf .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.