نتایج جستجو برای: investment insurance

تعداد نتایج: 120871  

  The purpose of this Research is to investigate the causal relationship between the stock price index in the insurance industry, banking sector, and the investment sector during 2009 – 2017 period. So, a long-term relationship between variables was investigated by Johansson-Juselius test. Then, by Vector error correction model (VECM), the causal relation between the variables of the model was...

Life insurance as an investment and assurance tool provides a great source of investment financing in different economies. Despite life insurance development in advanced countries and in many developing economies, it could not get its appropriate share in Iranian family’s basket. This paper investigates factors that affect life insurance demand in Iran. So, random sampling used to get require...

G. Mohammadi, , K. Shahroudi, , M. Taleghani, ,

Traditional DEA models ignore the internal process of production systems and are not able to identify the cause of deficiency in efficiencies measuring. At this research, traditional DEA model and two-stage DEA model were used to measure the efficiency of Iranian private insurance companies during 2007-2009. The results indicated that the traditional DEA model is not suitable for such kind o...

2017
Antoon A.J. Pelsser Roger J.A. Laeven Antoon Pelsser

In this paper we develop a framework for optimal investment decisions for insurance companies under unhedgeable risk. The perspective that we choose is from an insurance company that tries to maximise the stream of dividends paid to its shareholders. The policy instruments that the company has are the dividend policy and the investment policy. The insurance company can continue to pay dividends...

2016
Hong Mao James M. Carson Krzysztof M. Ostaszewski Zhongkai Wen

We establish a model of insurance pricing with the assumption that the insurance price, insurer investment returns, and insured losses are correlated stochastic processes. We consider the effect of demand on price where the objective of the pricing model is to maximize the expected utility of the insurer’s terminal wealth. Based on a Hamilton–Jacobi–Bellman (HJB) equation, we simultaneously sol...

2012
Dean Karlan Robert Darko Osei Isaac Osei-Akoto Christopher Udry Robert Osei

The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or opportunities to purchase ...

2014
Dean Karlan Robert Osei Isaac Osei-Akoto Christopher Udry

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can limit investment in activities with high expected profits. We conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or opportunities to purchase r...

2003
Enrico De Giorgi

Insurance companies invest their wealth in financial markets. The wealth evolution strongly depends on the success of their investment strategies, but also on liquidity shocks which occur during unfavourable years, when indemnities to be paid to the clients exceed collected premia. An investment strategy that does not take liquidity shocks into account, exposes insurance companies to the risk o...

2012
Mahito Okura

The main purpose of this research is to investigate the effects of market demand uncertainty in the coopetitive insurance market. To that end, we build a game-theory model including training investments of insurance agents in an insurance market with demand uncertainty. We derive the following results from our analysis. First, insurance firms undertake less training investment if it is determin...

Journal: :Journal of Economic Theory 2018

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