Life Insurance Policy Loans Technology Choices and Strategic Asset liability Matching Management
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 )

SDGS 消除貧窮,優質教育,尊嚴就業與經濟發展,負責任的消費與生產