Centro de Documentacion de Fundación MAPFRE - Performance of the life insurance industry under pressure : efficiency, competition and consolidation

MAP20160013726

Performance of the life insurance industry under pressure : efficiency, competition and consolidation / Jacob A. Bikker

Sumario: This 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

En: Risk management & insurance review. - Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999- = ISSN 1098-1616. - 01/03/2016 Tomo 19 Número 1 - 2016 , p. 73-104

1. Seguro de vida . 2. Mercado de seguros . 3. Evolución del seguro . 4. Cálculo actuarial . 5. Holanda . I. Título.