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Competition, Efficiency and Soundness in European Life Insurance Markets
Rubio-Misas, María; Cummins, J. David; Vencappa, Dev (2014-09-18)This paper provides cross-country evidence on the association between soundness and competition in the life insurance industry where competition is measured by the Boone indicator. We analyze 10 European Union (EU) life ... -
Country factor behavior for integration improvement of European life insurance markets
Cummins, J. David; Rubio-Misas, María (ELSEVIER, 2021-12)This paper provides evidence of the role that financial market development and institutional quality play in the integration of European Union (EU) life insurance markets. It analyzes ten EU life insurance markets over a ... -
Determinants of Mergers and Acquisitions: Evidence from the Spanish Insurance Industry
Rubio-Misas, María; Cummins, J. David (2019-07-26)This paper provides new evidence on the determinants associated with the likelihood of an insurer being involved in mergers and acquisitions (M&As) by investigating the factors for both becoming a target or becoming an ... -
Integration and convergence in efficiency and technology gap of European life insurance markets
Cummins, J. David; Rubio-Misas, María (Springer, 2022-04-23)This paper applies the meta-frontier Data Envelopment Analysis and the main concepts of convergence from the economic growth literature (β-convergence and σ-convergence) to analyze integration and convergence both in ... -
Integration and Efficiency convergence in European Life Insurance markets
Rubio-Misas, María; Cummins, J. David (2016-09-28)This study examines the impact of integration on the efficiency of European Union (EU) life insurance markets for the post deregulation period 1998-2007. To assess the effects of deregulation, we first estimate cost and ...