On the corporate demand for insurance : evidence for the global reinsurance market

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      <subfield code="a">On the corporate demand for insurance</subfield>
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      <subfield code="a">In this article, we view the demand for reinsurance as a "special case" of the corporate demand for insurance. We analyze the extent to which reinsurance purchases by the global property-liability insurance industry vary across countries and assess the relative importance of country-level factors compared with firm-level factors. Using a data set consisting of 21,814 firm-year observations from 33 (developed and developing) countries during the period 2000- 2012, we find that after coìtrolling for firm-level factors, country-level factors have economically as well as statistically significant effects on the demand for reinsurance</subfield>
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      <subfield code="g">28/09/2018 Tomo 21 Número 2 - 2018 , p. 211-242</subfield>
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