Guaranteed rate-setting behavior, life insurance premium, and policyholder protection
學年 110
學期 1
出版(發表)日期 2022-01-26
作品名稱 Guaranteed rate-setting behavior, life insurance premium, and policyholder protection
作品名稱(其他語言)
著者 Lin, J. H.; J. J. Lin; X. Li; Z. Song
單位
出版者
著錄名稱、卷期、頁數 Emerging Markets Finance and Trade, 58(11), 3076-3089
摘要 This study explores the determinants of an insurer’s guaranteed rate based on a contingent claim model. According to the model development, we structure and estimate the guaranteed rate setting and policyholder protection equations. A time-series approach explains the guaranteed rate-setting behavior and insurance stability captured by policyholder protection from 1990 to 2018. The evidence suggests that derivatives, life insurance premiums, administrative costs, and federal income tax affect the insurer’s guaranteed rate-setting behavior. Increasing life insurance premiums and administrative costs in assetliability matching management significantly enhance policyholder protection, contributing to insurance stability.
關鍵字 Guaranteed rate-setting;life insurance premium;policyholder protection
語言 en
ISSN 1558-0938
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Li, X.
審稿制度
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/987654321/122193 )