Pesquisa de referências

Corporate reinsurance utilisation and capital structure : evidence from Pakistan insurance industry

Recurso electrónico / electronic resource
Registro MARC
Tag12Valor
LDR  00000cab a2200000 4500
001  MAP20180014703
003  MAP
005  20180525131628.0
008  180516e20180402esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎5
100  ‎$0‎MAPA20180006937‎$a‎Sheikh, Sana
24510‎$a‎Corporate reinsurance utilisation and capital structure‎$b‎: evidence from Pakistan insurance industry‎$c‎Sana Sheikh, Ali Murad Syed, Syed Sikander Ali Shah
520  ‎$a‎The core objective of this work was to define significant determinants of corporate reinsurance utilisation in the life and non-life insurance industries in Pakistan based on the corporate demand for insurance theory, the bankruptcy cost argument, the agency cost theory, the risk-bearing hypothesis and the renting capital hypothesis. It also assessed which of these two insurance sectors has greater demand for reinsurance. Covering 33 insurance companies (6 life and 27 non-life insurance companies) over the period 2002-2012, the study outcomes show that some factors have a more significant impact on reinsurance purchases by insurance companies than others. Solvency risk, underwriting risk, firm performance, rate of interest and business mix are shown to be significant factors in defining the demand for reinsurance, but they influence reinsurance utilisation differently in the life and non-life branches. Only the variables firm size and inflation rate show similar results in both insurance branches in Pakistan, in contrast to the mixed outcomes generated by other variables of interest. The study further concluded that life insurance firms with high leverage levels lean more towards reinsurance purchases and solvency risk than non-life stock insurance firms operating in Pakistan
650 4‎$0‎MAPA20080605957‎$a‎Empresas de reaseguros
650 4‎$0‎MAPA20080552367‎$a‎Reaseguro
650 4‎$0‎MAPA20080570590‎$a‎Seguro de vida
650 4‎$0‎MAPA20080573935‎$a‎Seguros no vida
650 4‎$0‎MAPA20080582968‎$a‎Teoría del seguro
651 1‎$0‎MAPA20100019108‎$a‎Pakistán
7001 ‎$0‎MAPA20180007286‎$a‎Syed, Ali Murad
7001 ‎$0‎MAPA20180007293‎$a‎Shan, Syed Sikander Ali
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎02/04/2018 Volumen 43 Número 2 - abril 2018 , p. 300-334