Abstract There is a lack of publicly available information covering the practices insurers employ to manage their exposure reinsurance recapture risk. A working party was set-up shed light on different approaches use mitigate this complicated This report intended form part repository that market practitioners can refer and reflect as best practice evolves develops.

This study explores how the technology investments of a sample U.S. property-liability insurers affected their performance during InsurTech wave. The critical question is whether insurers' InsurTech-oriented strengthen competitive advantages, resulting in improved firm performance. reveals that have significant detrimental influence on short-term Intriguingly, empirical findings indicate strong...

This paper studies a market for medical product in which there is perfect competition among health insurers, while the good sold by monopolist. Individuals differ their severity of illness and ex post moral hazard. We consider two regimes: one insurers use coinsurance rates (ad valorem reimbursements) copayments (specific reimbursements). show that induced equilibrium with involves lower produc...

This article calls attention to a difficulty with insurers' investment policies that seems to have been overlooked so far. There is the distinct possibility that insurers cannot satisfy the demands of different stakeholders in terms of expected returns and volatility. While using the capital asset pricing model as the benchmark, this article distinguishes two groups of stakeholders that impose ...

To gain insights into the impact of Medicaid Expansion under the Affordable Care Act, this study assesses the enrollment, utilization, and financial performance measures of California Medicaid focused health insurers. The study compares these quarterly measures, during the expansion period of 2014 to the same quarterly measures in 2013 and 2012. During 2014, Medicaid focused insurers expanded e...

For decades state legislators have called for mandatory insurance laws, some legislators arguing their view that drivers of uninsured vehicles are high risk and a public safety problem. In opposing such laws, however, insurers respond that drivers of uninsured cars closely resemble drivers of insured cars. Despite opposition by insurers, to date 48 states have adopted mandatory insurance. Since...