Managerial estimates are ubiquitous in accounting: most balance sheet and income
statement items are based on estimates; some, such as the pension and employee stock …

This article describes contributions of analytics and statistical methods to our understanding
of insurance operations and markets. Specifically, it introduces insurance analytics, the …

Prior research examining enterprise risk management (ERM) focuses mainly on entity-level
measures, relying heavily on the link between ERM and internal controls. We argue that …

Financial volatility and the most recent financial crisis turned the spotlight on enterprise risk
management (ERM), yet, high-quality ERM is difficult to define and in many ways, poorly …

This chapter reviews the literature on underwriting cycles and volatility in property-casualty
insurance prices and profits. It provides a conceptual framework for assessing unexplained …

Unlike studies that estimate managerial bias, we utilize a direct measure of managerial bias
in the US insurance industry to investigate the effects of executive compensation and …

The insurance sector plays an important role in service economy of any country by
underwriting of risks inherent in most sectors thus providing a sense of peace to most …

This study investigates the relation between managerial overconfidence and loss-reserving
practices in the US property-liability insurance industry. We find robust evidence that CEO …

This paper undertakes a comprehensive examination of the financial health of medical
schemes in South Africa using annual financial data on 82 schemes from 2011 to 2018. The …

Emerging literature focuses on insurers' earnings management using estimated liability for
unpaid claims, known as loss reserve. An insurance company generally uses the traditional …