Factors Influencing Underwriting Performance of the Life and Non-Life Insurance Markets in South Africa: Exploring for Complementarities, Nonlinearities, and …

SS Horvey, J Odei-Mensah - Journal of African Business, 2024 - Taylor & Francis
Underwriting is crucial for insurers' performance and sustainability, yet empirical evidence
on factors influencing its performance has received limited attention. Therefore, this study …

[PDF][PDF] Pricing insurance risk: reconciling theory and practice

D Bauer, RD Phillips… - Handbook of …, 2023 - danielbaueracademic.wordpress …
This chapter starts by applying classical financial theory to the problem of insurance pricing.
It proceeds by relaxing the classical assumptions of complete and frictionless markets and …

Opaque liabilities, learning, and the cost of equity capital for insurers

CC Chiang, HH Kim, G Niehaus - Journal of Risk and …, 2022 - Wiley Online Library
Analyzing major US property–liability insurers, we find that their cost of equity capital is
negatively associated with their underwriting performance, but not with their investment …