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No data in Web of Science(Wrong one)No data in Scopus (Wrong two)Server returned HTTP response code: 429 for URL: https://api.elsevier.com/content/search/scopus?apiKey=80c8c594bfc1533f4784bcba5a0cd6dd&query=DOI(10.1016%2Fj.econmod.2019.09.048)+OR+TITLE-ABS-KEY%28%22How+Does+Reinsurance+and+Derivatives+Usage+Affect+Financial+Performance%3F+Evidence+from+the+UK+Non-life+Insurance+Industry%22%29
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題名 | How Does Reinsurance and Derivatives Usage Affect Financial Performance? Evidence from the UK Non-life Insurance Industry |
作者 | 許永明 Yung-MingShiu |
貢獻者 | 風管系 |
關鍵詞 | Reinsurance; Derivatives; Performance; Non-life insurers. |
日期 | 2019-09 |
上傳時間 | 20-四月-2020 14:39:15 (UTC+8) |
摘要 | 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. |
關聯 | Economic Modelling, 88, 376-385 |
資料類型 | article |
DOI | https://doi.org/10.1016/j.econmod.2019.09.048 |
dc.contributor | 風管系 | |
dc.creator (作者) | 許永明 | |
dc.creator (作者) | Yung-MingShiu | |
dc.date (日期) | 2019-09 | |
dc.date.accessioned | 20-四月-2020 14:39:15 (UTC+8) | - |
dc.date.available | 20-四月-2020 14:39:15 (UTC+8) | - |
dc.date.issued (上傳時間) | 20-四月-2020 14:39:15 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/129289 | - |
dc.description.abstract (摘要) | 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. | |
dc.format.extent | 891569 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Economic Modelling, 88, 376-385 | |
dc.subject (關鍵詞) | Reinsurance; Derivatives; Performance; Non-life insurers. | |
dc.title (題名) | How Does Reinsurance and Derivatives Usage Affect Financial Performance? Evidence from the UK Non-life Insurance Industry | |
dc.type (資料類型) | article | |
dc.identifier.doi (DOI) | 10.1016/j.econmod.2019.09.048 | |
dc.doi.uri (DOI) | https://doi.org/10.1016/j.econmod.2019.09.048 |