This paper explores the efficiency of UK specialist and composite insurers transacting general insurance business. The concept of efficiency concerns an insurer’s ability to produce a given set of outputs (such as premiums and investment income) via the use of inputs such as administrative and sales staff and financial capital. An insurer is said to be technically efficient if it cannot reduce ...

The projection of current investment experience in life insurance sales illustrations during the historically high interest rate environment of the 1980s in the U. S. has led to consumer dissatisfaction and lawsuits against life insurers and agents. As interest rates fell after 1985, insurers were unable to credit returns near the maximums illustrated earlier. New regulations still allow projec...

In this paper we derive a market-consistent value for long-term insurance contracts, with a focus on long-term health insurance contracts as found, e.g., in the German private health insurance industry. To this end, we rst set up a health insurance company model and, second, conduct a simulation study to calculate the present value of future pro ts and the time value of nancial options and guar...

This study aims to examine the effect of volume capital on investment performance moderated by leverage in life insurance companies Indonesia. topic was investigated because phenomena and differences results regarding low several The population this is established registered with Financial Services Authority during 2017-2021 period a total sample 116 taken using purposive sampling method. data ...

In this paper, we examine the interplay of regulatory structures and the use of technology on the electricity distribution grid. The emphasis is on the incentives provided by regulation for efficient investment in capital and technology. Several regulatory structures are examined to determine their relative affects on investments in technologies, especially new technologies that can improve eff...