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The Combined effect of enterprise risk management and diversification on property and casualty insurer performance

Recurso electrónico / electronic resource
Registro MARC
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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100  ‎$0‎MAPA20100003190‎$a‎Ai, Jing
24514‎$a‎The Combined effect of enterprise risk management and diversification on property and casualty insurer performance‎$c‎Jing Ai, Vickie Bajtelsmit, TianyangWang
520  ‎$a‎In a well-designed enterprise risk management (ERM) program, the firm integrates risk management into the strategic planning process, addressing strategic, financial, operational, and hazard risks under a single overarching process. This is particularly important to large financial firms, such as property and casualty (P&C) insurers, which face a diverse set of risks. Using a sample of P&C insurers with S&P ERM quality ratings from 2006 to 2013, we find that the quality of a firm's ERM is a significant determinant of P&C insurer performance and that, for firms with high-quality ERM programs, product line diversification has a significant positive effect on performance
650 4‎$0‎MAPA20080591182‎$a‎Gerencia de riesgos
650 4‎$0‎MAPA20080587574‎$a‎Riesgo estratégico
650 4‎$0‎MAPA20080536534‎$a‎ERM
650 4‎$0‎MAPA20080587598‎$a‎Riesgo operacional
650 4‎$0‎MAPA20080582418‎$a‎Riesgo financiero
650 4‎$0‎MAPA20080617868‎$a‎Planificación estratégica
650 4‎$0‎MAPA20080560447‎$a‎Rendimiento
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
650 4‎$0‎MAPA20080601324‎$a‎Entidades financieras
7001 ‎$0‎MAPA20080212230‎$a‎Bajtelsmit, Vickie
7001 ‎$0‎MAPA20120023130‎$a‎Wang, T.
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Nueva York : The American Risk and Insurance Association, 1964-‎$x‎0022-4367‎$g‎01/06/2018 Volumen 85 Número 2 - junio 2018 , p. 513-543