This article provides an overview of the financial investment activities life insurance companies in Vietnam, based on legal basis for and specific accounting regulations companies. The also discusses changes according to Circular 200/2014/TT-BTC regimes enterprises issued by Ministry Finance some notes practices Vietnam’s enterprises.

Farmers’ decisions about how much crop insurance to buy are not generally consistent with either expected profit or utility maximization. They do not pick coverage levels that maximize expected subsidy nor do they demand full insurance coverage. In addition, the absolute size ...

To measure economic profits generated by an insurance policy during its life time, we compare the terminal assets of the policy account with certain breakeven value. Policies with mutil-year loss payments and income tax payments are studied. The breakeven value of terminal assets is given in closed form, and shown to be an increasing function of the claims risk and the asset investment risk. Pr...

We analyze the welfare e¤ect of governmental regulation for individuals who consider anticipated regret in their decision making process. While governmental policies by directing choice distort individual decisions in the private market they can alleviate individuals’pain associated with the feeling of regret. We specify a general model to highlight this trade-o¤ and investigate two policies mo...

This paper examines the combined effect of asymmetric information and private entrepreneurial risk aversion on investment decisions. The standard optimal debt contract becomes modified by the introduction of insurance and a risk premium that entrepreneurs demand due to the uncertainty of their investment returns: the private equity premium. In general equilibrium, the private equity premium may...

We present a dynamic model of the hospital industry in which nonprofit and for-profit hospitals coexist and compete and are differentiated by their objective functions, investment technologies, and taxation rates. In our model, patients differ by income and type of insurance coverage, and choose admission to their preferred hospital, while hospitals choose investment, entry, exit, and pricing s...

In this paper we present the fundamental approaches of financial economics to valuation. Three methods are demonstrated by which financial economists account for risk. We illustrate how these methods relate to one another and how they can be applied in the valuation of risky corporate bonds, guaranteed investment contracts (GICs) with and without interest rate contingencies, and whole life insu...