期刊論文
| 學年 | 110 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2022-04-20 |
| 作品名稱 | Life Insurance Policy Loans Technology Choices and Strategic Asset liability Matching Management |
| 作品名稱（其他語言） | |
| 著者 | Xuelian Li; Yuxin Xie; Jyh-Horng Lin |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | Emerging Markets Finance and Trade, 58(7), 1838-1847. |
| 摘要 | We develop a two-stage contingent claim model to evaluate a life insurer’s equity. The model sequentially determines the optimal guaranteed rate and the optimal technology choice for strategic asset-liability matching management. We show that increases in policy loans decrease the insurance businesses at a reduced guaranteed rate. The shrinking life insurance businesses discourage the insurer from using advanced technology. However, we find that an increase in advanced technology involvement enhances insurance businesses at an increased guaranteed rate. An increase in the policy loan also increases the policyholder protection when considering the optimal guaranteed rate and technology choice strategies. |
| 關鍵字 | Life insurance policy loan;technology choices;policyholder protection |
| 語言 | en |
| ISSN | |
| 期刊性質 | 國外 |
| 收錄於 | SSCI Scopus |
| 產學合作 | |
| 通訊作者 | Jyh-Horng Lin |
| 審稿制度 | 否 |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | ,電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/120970 ) |