theoretically and empirically, it has been often argued that production uncertainty affects the farmers’ production efficiency. insurance can play an impactful role in reducing the uncertainty and, consequently, increasing the investment. using multilevel models, we examined the effect of agricultural insurance programs on investment in the agricultural sector of khorasan razavi province. the c...

In this paper, we analyze the use of fiscal and monetary instruments to improve long-run welfare when productive investment is irreversible and uncollateralizable and there is no insurance. Only fiat money or government-issued bonds provide self-insurance. We demonstrate that an increase in precautionary savings reduces irreversible productive investment. Hence, subsidies to promote productive ...

this paper talks about the measurement of efficiency and productivity of non-life insurance firms in india. this study is focused on twelve private non-life insurance firms and four public sector non-life insurance firms of india in the period 2008-09 to 2012-13. data envelopment analysis (dea) coupled with malmquist productivity index is used in measuring the efficiency as well as productivity...

the foreign direct investment is a growth and development factor. today majority of countries will attract foreign capitals. but multinational companies perform investment in the political stability conditions. the political risk is dissuasive factor for foreign direct investment. in such qualification can suitable “political risk insurance” and help to developing countries for attract foreign ...

BEA is studying proposals to change the treatment of insurance services in the national accounts. There are 5 proposed changes: investment income will be added as a supplement to the premiums paid by policyholders; investment income is to include interest, dividends and capital gains; a measure of expected investment income will be incorporated; a measure of expected claims will be incorporated...

Analytics-a new frontier in claims management Insurers are facing a perfect storm, making sustainable profits even more challenging Four key trends are driving this event: ► An increase in the number and severity of natural disasters, which is driving up claims and reinsurance costs; ► Requirements to satisfy new prudential regulations will result in increased capital adequacy requirements; ► V...

In the insurance market, the insurers who provide catastrophe insurance face with the risk of rare, but huge catastrophe claims. The introduction of catastrophe related securities into the marketplace provide the insurers the instruments to hedge some of the catastrophe risks they are facing. A catastrophe related security is tied to the prespecified catastrophe claims, while independent to oth...