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Response of Mexican life and non-life insurers to the low interest rate environmen

Recurso electrónico / Electronic resource
MARC record
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎7
1001 ‎$0‎MAPA20220003971‎$a‎Reyna, Ana M.
24510‎$a‎Response of Mexican life and non-life insurers to the low interest rate environmen‎$c‎Ana M. Reyna, Hugo J. Fuentes, José A. Núñez
520  ‎$a‎The purpose of this research is to examine whether insurers have improved their economic performance through efficiency as a reaction to the prolonged period of low interest rates. The results of an analysis of 22 years of data, using a two-stage data envelopment analysis approach (DEA), show that there is an inverse relationship between efficiency and interest rate. The non-life insurance group had a superior level of efficiency compared with that of the life insurance group. It seems that life insurance companies, to some extent, transferred their inefficiency to customers to maintain their solvency. Additionally, this research shows that companies with substantial market power and bancassurance exceeded the performance of the rest of the industry.
650 4‎$0‎MAPA20080578374‎$a‎Tasas de interés
650 4‎$0‎MAPA20080570590‎$a‎Seguro de vida
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
651 1‎$0‎MAPA20080637781‎$a‎México
7001 ‎$0‎MAPA20220003988‎$a‎Fuentes, Hugo J.
700  ‎$0‎MAPA20100053072‎$a‎Nuñez, Juan A.
7730 ‎$w‎MAP20077100215‎$g‎04/04/2022 Volumen 47 Número 2 - abril 2022 , p. 409-433‎$x‎1018-5895‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-