Búsqueda

Efficiency in the UK life insurance industry : mutual firms versus proprietary firms

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000nab a2200000 i 4500</leader>
    <controlfield tag="001">MAP20071508722</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20080418130027.0</controlfield>
    <controlfield tag="008">000621s1990    gbr||||    | |00010|eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">211.1</subfield>
    </datafield>
    <datafield tag="100" ind1="1" ind2=" ">
      <subfield code="0">MAPA20080105754</subfield>
      <subfield code="a">Letza, Stephen</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">Efficiency  in the UK life insurance industry</subfield>
      <subfield code="b">: mutual firms versus proprietary firms</subfield>
      <subfield code="c">Stephen Letza, Philip Hardwick and Tadeusz Kowalski</subfield>
    </datafield>
    <datafield tag="520" ind1="8" ind2=" ">
      <subfield code="a">The paper discusses the main tenets of stakeholder theory and agency theory and goes on to analyse the relative performance of a sample of 100 mutual and proprietary life insurance companies in the UK during the period 1992-1996. The paper concludes that there is weak evidence to support the contention that mutual life insurers are relatively more cost efficient than proprietary insurers. Mutual companies in the sample perform well relative to proprietary companies in terms of annual surpluses and expenses ratios. There is also evidence that fund managers in mutual companies perform at least as well on average as those in proprietary companies</subfield>
    </datafield>
    <datafield tag="650" ind1="0" ind2="1">
      <subfield code="0">MAPA20080611651</subfield>
      <subfield code="a">Mutualidades de seguros</subfield>
    </datafield>
    <datafield tag="650" ind1="0" ind2="1">
      <subfield code="0">MAPA20080590567</subfield>
      <subfield code="a">Empresas de seguros</subfield>
    </datafield>
    <datafield tag="650" ind1="1" ind2="1">
      <subfield code="0">MAPA20080586294</subfield>
      <subfield code="a">Mercado de seguros</subfield>
    </datafield>
    <datafield tag="650" ind1="1" ind2="1">
      <subfield code="0">MAPA20080570590</subfield>
      <subfield code="a">Seguro de vida</subfield>
    </datafield>
    <datafield tag="650" ind1="0" ind2="1">
      <subfield code="0">MAPA20080601492</subfield>
      <subfield code="a">Estudios comparativos</subfield>
    </datafield>
    <datafield tag="650" ind1="1" ind2="1">
      <subfield code="0">MAPA20080560409</subfield>
      <subfield code="a">Reino Unido</subfield>
    </datafield>
    <datafield tag="700" ind1="1" ind2=" ">
      <subfield code="0">MAPA20080165376</subfield>
      <subfield code="a">Hardwick, Philip</subfield>
    </datafield>
    <datafield tag="700" ind1="1" ind2=" ">
      <subfield code="0">MAPA20080197407</subfield>
      <subfield code="a">Kowalski, Tadeusz</subfield>
    </datafield>
    <datafield tag="773" ind1="0" ind2=" ">
      <subfield code="d">London : Henry Stewart Publications</subfield>
      <subfield code="g">Vol. 6,  nº 1, 2001 ; p. 40-49</subfield>
      <subfield code="t">Journal of Financial Services Marketing</subfield>
    </datafield>
  </record>
</collection>