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Performance of the life insurance industry under pressure : efficiency, competition and consolidation

Recurso electrónico / Electronic resource
MARC record
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003  MAP
005  20160426165628.0
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎341
100  ‎$0‎MAPA20110012489‎$a‎Bikker, Jacob a.
24510‎$a‎Performance of the life insurance industry under pressure‎$b‎: efficiency, competition and consolidation‎$c‎Jacob A. Bikker
520  ‎$a‎This article investigates efficiency and competition in the Dutch life insurance market by estimating unused scale economies and measuring efficiency-market share dynamics during 19952010. Large unused scale economies exist for small- and medium-sized life insurers, indicating that further consolidation would reduce costs. Over time average scale economies decrease but substantial differences between small and large insurers remain. A direct measure of competition confirms that competitive pressure is lower than in other markets. We do not observe any impact of increased competition from banks, the so-called investment policy crisis or the credit crisis, apart from lower returns in 2008.
650 4‎$0‎MAPA20080570590‎$a‎Seguro de vida
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080596606‎$a‎Evolución del seguro
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
651 1‎$0‎MAPA20080637903‎$a‎Holanda
7730 ‎$w‎MAP20077001748‎$t‎Risk management & insurance review‎$d‎Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-‎$x‎1098-1616‎$g‎01/03/2016 Tomo 19 Número 1 - 2016 , p. 73-104