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The structure of the property/casualty insurance industry

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  • Hanweck, Gerald A.
  • Hogan, Arthur M. B.

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  • Hanweck, Gerald A. & Hogan, Arthur M. B., 1996. "The structure of the property/casualty insurance industry," Journal of Economics and Business, Elsevier, vol. 48(2), pages 141-155, May.
    • Handle: RePEc:eee:jebusi:v:48:y:1996:i:2:p:141-155
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    1. Melvyn A. Fuss & Leonard Waverman, 1981. "Regulation and the Multiproduct Firm: The Case of Telecommunications in Canada," NBER Chapters, in: Studies in Public Regulation, pages 277-328, National Bureau of Economic Research, Inc.
    2. Denny, Michael, 1980. "Measuring the Real Output of the Life Insurance Industry: A Comment," The Review of Economics and Statistics, MIT Press, vol. 62(1), pages 150-152, February.
    3. Benston, George J & Hanweck, Gerald A & Humphrey, David B, 1982. "Scale Economies in Banking: A Restructuring and Reassessment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 435-456, November.
    4. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
    5. Gardner, Lisa A. & Grace, Martin F., 1993. "X-Efficiency in the US life insurance industry," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 497-510, April.
    6. F Fecher & S Perelman & P Pestieau, 1991. "Scale Economies and Performance in the French Insurance Industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 16(3), pages 315-326, July.
    7. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (II): Applications of the Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 2, number fuss1978a.
    8. Roland Eisen, 1991. "Market Size and Concentration: Insurance and the European Internal Market 1992 *," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 16(3), pages 263-281, July.
    9. Gilligan, Thomas & Smirlock, Michael & Marshall, William, 1984. "Scale and scope economies in the multi-product banking firm," Journal of Monetary Economics, Elsevier, vol. 13(3), pages 393-405, May.
    10. Berger, Allen N. & Hanweck, Gerald A. & Humphrey, David B., 1987. "Competitive viability in banking : Scale, scope, and product mix economies," Journal of Monetary Economics, Elsevier, vol. 20(3), pages 501-520, December.
    11. Jean Marc Suret, 1991. "Scale and Scope Economies in the Canadian Property and Casualty Insurance Industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 16(2), pages 236-256, April.
    12. D. J. S. Rutledge & R. H. Tuckwell, 1974. "Economies of Scale in Australian Life Insurance: An Empirical Note," The Economic Record, The Economic Society of Australia, vol. 50(3), pages 443-448, September.
    13. Berndt, Ernst R & Khaled, Mohammed S, 1979. "Parametric Productivity Measurement and Choice among Flexible Functional Forms," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1220-1245, December.
    14. Murray, John D & White, Robert W, 1983. "Economies of Scale and Economies of Scope in Multiproduct Financial Institutions: A Study of British Columbia Credit Unions," Journal of Finance, American Finance Association, vol. 38(3), pages 887-902, June.
    15. George J. Benston & Allen N. Berger & Gerald A. Hanweck & David B. Humphrey, 1983. "Economies of scale and scope in banking," Research Papers in Banking and Financial Economics 64, Board of Governors of the Federal Reserve System (U.S.).
    16. Spitzer, John J, 1984. "Variance Estimates in Models with the Box-Cox Transformation: Implications for Estimations and Hypothesis Testing," The Review of Economics and Statistics, MIT Press, vol. 66(4), pages 645-652, November.
    17. J. David Cummins & Jack VanDerhei, 1979. "A Note on the Relative Efficiency of Property-Liability Insurance Distribution Systems," Bell Journal of Economics, The RAND Corporation, vol. 10(2), pages 709-719, Autumn.
    18. Allen, Robert F, 1974. "Cross-Sectional Estimates of Cost Economies in Stock Property-Liability Companies," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 100-103, February.
    19. Daly, Michael J. & Someshwar Rao, P. & Geehan, Randall, 1985. "Productivity, scale economies and technical progress in the Canadian life insurance industry," International Journal of Industrial Organization, Elsevier, vol. 3(3), pages 345-361, September.
    20. Berger, Allen N. & Humphrey, David B., 1991. "The dominance of inefficiencies over scale and product mix economies in banking," Journal of Monetary Economics, Elsevier, vol. 28(1), pages 117-148, August.
    21. Goldberg, Lawrence G. & Hanweck, Gerald A. & Keenan, Michael & Young, Allan, 1991. "Economies of scale and scope in the securities industry," Journal of Banking & Finance, Elsevier, vol. 15(1), pages 91-107, February.
    22. repec:bla:ecorec:v:50:y:1974:i:131:p:443-48 is not listed on IDEAS
    23. Denny, Michael & Pinto, Cheryl, 1978. "An Aggregate Model with Multi-Product Technologies," Histoy of Economic Thought Chapters, in: Fuss, Melvyn & McFadden, Daniel (ed.),Production Economics: A Dual Approach to Theory and Applications, volume 2, chapter 9, McMaster University Archive for the History of Economic Thought.
    24. Mester, Loretta J, 1987. "A Multiproduct Cost Study of Savings and Loans," Journal of Finance, American Finance Association, vol. 42(2), pages 423-445, June.
    25. Randall Geehan, 1977. "Returns to Scale in the Life Insurance Industry," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 497-514, Autumn.
    26. Cummins, J. David & Weiss, Mary A., 1993. "Measuring cost efficiency in the property-liability insurance industry," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 463-481, April.
    27. Outreville, J. François & Proulx, Carol, 1985. "Fusions et économies de dimension sur le marché des assurances générales au Québec," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(3), pages 350-361, septembre.
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    Cited by:

    1. J.A. Bikker & J. Gorter, 2008. "Performance of the Dutch non-life insurance industry: competition, efficiency and focus," Working Papers 08-01, Utrecht School of Economics.
    2. Willington Manuel & Alegría Alexander, 2012. "Collusion in a One-Period Insurance Market with Adverse Selection," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-32, April.
    3. Carow, Kenneth A. & Kane, Edward J., 2002. "Event-study evidence of the value of relaxing long-standing regulatory restraints on banks, 1970-2000," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(3), pages 439-463.
    4. G. Russo & W.H.J. Hassink, 2005. "The Part-Time Wage Penalty: a Career Perspective," Working Papers 01-01, Utrecht School of Economics.
    5. Amel, Dean & Barnes, Colleen & Panetta, Fabio & Salleo, Carmelo, 2004. "Consolidation and efficiency in the financial sector: A review of the international evidence," Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2493-2519, October.
    6. Jaap Bikker & Adelina Popescu, 2014. "Efficiency and competition in the Dutch non-life insurance industry: Effects of the 2006 health care reform," Working Papers 14-12, Utrecht School of Economics.
    7. Jaap Bikker & Adelina Popescu, 2014. "Efficiency and competition in the Dutch non-life insurance industry: Effects of the 2006 health care reform," Working Papers 14-12, Utrecht School of Economics.
    8. Jeungbo Shim, 2011. "Mergers & Acquisitions, Diversification and Performance in the U.S. Property-Liability Insurance Industry," Journal of Financial Services Research, Springer;Western Finance Association, vol. 39(3), pages 119-144, June.
    9. Yap Yin Choo, 2012. "Efficiency and scale economies in the Japanese non-life insurance industry," International Journal of Financial Services Management, Inderscience Enterprises Ltd, vol. 5(3), pages 239-255.
    10. Sebsatiaan Lambalk & Frank Jan de Graaf, 2017. "Explaining the relationship between firm performance and corporate governance of Dutch non-life insurance companies: Dutch mutual and commercial companies compared," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 7(2), pages 197-231, April.
    11. J. Cummins & Xiaoying Xie, 2013. "Efficiency, productivity, and scale economies in the U.S. property-liability insurance industry," Journal of Productivity Analysis, Springer, vol. 39(2), pages 141-164, April.

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