Summary |
This dissertation examines several aspects of insurer performance. Much attention in the literature has been paid to insolvency; however, most firms are neither insolvent nor near insolvency. In the past, states have restricted insurer capacity by regulating maximum premium- to-surplus ratios. While high levels of premium-to-surplus have been shown to be associated with insolvency, it is unclear if high levels of premium-to-surplus ratios damage top performers, which may mean that for some firms, regulation of this ratio is unnecessary. Similarly, other factors known to influence insolvency may have little or no impact on top performers.
The contents of the book includes below:
Chapter 1: Introduction
Chapter 2: Literature Review
Chapter 3: Essay 1-Analysis of Insolvency Predictors Across Performance Strata
Chapter 4: Essay 2- Do Insurers Use Derivatives as a Substitute for Reinsurance?
Chapter 5: Summary and Conclusions
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