Determinants of property-liability insurer retention: Evidence from Taiwan insurance industry
學年 101
學期 1
出版（發表）日期 2012-12-01
作品名稱 Determinants of property-liability insurer retention: Evidence from Taiwan insurance industry
作品名稱（其他語言）
著者 Lee, Hsu-hua; Lee, Chen-ying
單位 淡江大學管理科學學系
出版者 Lagos: Academic Journals
著錄名稱、卷期、頁數 African Journal of Business Management 5(32), pp.12543-12550
摘要 The determination of an appropriate retention level is an important decision for insurers since the results show the influence on risk exposure and firm profitability. In this study, we examine the determinants of insurer retentions for property-liability insurance companies in the Taiwan insurance industry. Three models are estimated in this study including ordinary least squares regression and two panel data models, fixed effects model and random effects model. The results show underwriting risk, premium growth and listed companies are negatively related to insurer retention, while liabilities to liquidity assets ratio and business concentration have a positive impact on insurer retention. In addition, when macroeconomic factors are taken into account, we also find that they have significant influence of return on investment, inflation rate and interest rate changes on insurer retention. Our results have practical implications for the property-liability insurance operational business and competent authorities.
關鍵字 Reinsurance;insurer retention;property-liability insurance;panel data;fixed effects
語言 en
ISSN 1993-8233
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Lee, Chen-ying
審稿制度
國別 NGA
公開徵稿
出版型式 紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/76813 )

機構典藏連結
SDGS 產業創新與基礎設施