The Market for directors' and officers' insurance
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Tag | 1 | 2 | Value |
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LDR | 00000cab a2200000 4500 | ||
001 | MAP20140039326 | ||
003 | MAP | ||
005 | 20141106141202.0 | ||
008 | 141027e20141006esp|||p |0|||b|spa d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a333 | ||
100 | 1 | $0MAPA20130011745$aFier, Stephen G. | |
245 | 1 | 4 | $aThe Market for directors' and officers' insurance$cStephen G. Fier, Andre P. Liebenberg |
520 | $aDirectors' and officers' (D&O) liability insurance is a commonly used risk management tool for corporations both in the United States and abroad. While prior research has focused on the demand for D&O insurance and its role in corporate governance, there is an absence of literature on the supply side of the D&O market. Using the newly available D&O Insurance Coverage Supplement to insurers' statutory filings, we develop a more comprehensive understanding of the D&O insurance market and of those firms that write D&O coverage. We develop and estimate a model of the decision to write D&O insurance and the extent of market participation. Our results suggest that there are significant operational and financial differences between firms that supply D&O insurance and those that do not. Several of these differences (specifically, size, diversification, and organizational form) are consistent with the predictions of the managerial discretion hypothesis | ||
650 | 4 | $0MAPA20080631192$aResponsabilidad civil de la empresa | |
650 | 4 | $0MAPA20080586294$aMercado de seguros | |
650 | 4 | $0MAPA20080634681$aSeguro de responsabilidad civil profesional | |
650 | 4 | $0MAPA20080591182$aGerencia de riesgos | |
650 | 4 | $0MAPA20080600938$aDirección de empresas | |
650 | 4 | $0MAPA20080590802$aEstudios de mercado | |
650 | 4 | $0MAPA20080612023$aPredicciones económicas | |
650 | 4 | $0MAPA20080590567$aEmpresas de seguros | |
650 | 4 | $0MAPA20080556402$aSeguro D&O | |
650 | 4 | $0MAPA20100006429$aDirectors and officers (insurance) | |
700 | 1 | $0MAPA20080267391$aLiebenberg, André P. | |
773 | 0 | $wMAP20077001748$tRisk management & insurance review$dMalden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-$x1098-1616$g06/10/2014 Tomo 17 Número 2 - 2014 , p. 215-239 |