期刊論文
| 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 ) |