During 2008 and 2009, the insurance industry experienced unprecedented volatility. The
large swings in insurers' market valuations, and the significant role that financial reporting …

Prior research suggests that neither the choice to own life insurance nor the amount
purchased is consistently related to the presence of children in the household. While these …

The insurance industry plays a substantive vitality in the growth of the economy. However,
there is limited literature on the activities of the insurance industry and economic growth in …

Family Takaful is one of the service sectors that are expected to continue to drive growth in
the economy. Thus, the family Takaful market continues to play an important role in …

Purpose This study aims to understand the lapse behavior of life insurance policyholders.
Despite being accessible for nearly two centuries, only a small fraction of individuals …

It is essential to examine how carbon trading affects the financial performance of life insurers
who offer funding in a challenging dragon-king environment. The primary focus of this study …

We analyze life insurance policy surrender activity to determine whether surrender is a
function of certain macroeconomic variables and, therefore, highly correlated across …

Life insurance policy lapses are detrimental to issuing insurers when lapses substantially
deviate from insurer expectations. The extant literature has proposed and tested, using …

Microinsurance offers policies to cover four types of risk; life, health, accidental and property
and is a key element for the financial inclusion of the poor. This study examined the …

Many policyholders surrender their life insurance policies early, leading to substantial
monetary losses for private households. Surrender can be explained rationally if it …