Mostrar el registro sencillo del ítem

dc.contributor.authorRubio-Misas, María
dc.contributor.authorCummins, J. David
dc.contributor.authorVencappa, Dev
dc.date.accessioned2014-09-18T07:25:28Z
dc.date.available2014-09-18T07:25:28Z
dc.date.created2014
dc.date.issued2014-09-18
dc.identifier.urihttp://hdl.handle.net/10630/8052
dc.description.abstractThis 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 insurance markets over the post-deregulation period 1999-2011. The results indicate that competition increases the soundness of the EU life insurance markets but incentivizes EU life insurers to hold less capital. Since the Boone indicator measures competition based on the reallocation of profits from inefficient insurers to efficient ones, our results suggest that efficiency is the mechanism through which competition contributes to insurer solvency. The soundness-enhancing effect of competition is greater for weak insurers than for healthy ones. Results show that competition on average decreased in the years after the financial crisises_ES
dc.description.sponsorshipUniversidad de Málaga. Campus de Excelencia Internacional Andalucia Tech. Carefin-Bocconi Centre for Applied Research in Financees_ES
dc.language.isoenges_ES
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.subjectSeguros de vidaes_ES
dc.subject.otherCompetitiones_ES
dc.subject.otherSoundnesses_ES
dc.subject.otherEuropean Life Insurance Marketses_ES
dc.subject.otherBoone indicatores_ES
dc.subject.otherFinancial crisises_ES
dc.titleCompetition, Efficiency and Soundness in European Life Insurance Marketses_ES
dc.typeinfo:eu-repo/semantics/conferenceObjectes_ES
dc.centroFacultad de Ciencias Económicas y Empresarialeses_ES
dc.relation.eventtitleEuropean Financial Management Associationes_ES
dc.relation.eventplaceRoma, Italiaes_ES
dc.relation.eventdate25-28 junio 2014es_ES


Ficheros en el ítem

Este ítem aparece en la(s) siguiente(s) colección(ones)

Mostrar el registro sencillo del ítem