{"title":"Adverse Selection in Reinsurance Markets","authors":"J. R. Garven, James I. Hilliard, Martin Grace","doi":"10.2139/ssrn.1911614","DOIUrl":"https://doi.org/10.2139/ssrn.1911614","url":null,"abstract":"This paper looks for evidence of adverse selection in the relationship between primary insurers and reinsurers. We test the implications of a model in which informational asymmetry—and therefore, its negative consequences—decline over time. Our tests involve a data panel consisting of U.S. property-liability insurance firms that reported to the National Association of Insurance Commissioners during the period 1993–2012. We find that the amount of reinsurance, insurer profitability, and insurer credit quality all increase with the tenure of the insurer–reinsurer relationship.","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"39 1","pages":"222-253"},"PeriodicalIF":1.5,"publicationDate":"2014-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2139/ssrn.1911614","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67780970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Quality of After-Sales Services in a Competitive Insurance Sector","authors":"A. Fedele, P. Tedeschi","doi":"10.1057/grir.2014.3","DOIUrl":"https://doi.org/10.1057/grir.2014.3","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"40 1","pages":"65 - 88"},"PeriodicalIF":1.5,"publicationDate":"2014-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2014.3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58581370","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Increase in Risk and its Effects on Welfare and Optimal Policies in a Dynamic Setting: The Case of Global Pollution","authors":"Q. Grafton, T. Kompas, Ngo van Long","doi":"10.1057/grir.2014.5","DOIUrl":"https://doi.org/10.1057/grir.2014.5","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"39 1","pages":"40 - 64"},"PeriodicalIF":1.5,"publicationDate":"2014-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2014.5","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58581829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Effect of Uncertainty on Optimal Control Models in the Neighbourhood of a Steady State","authors":"Miles S. Kimball","doi":"10.1057/grir.2014.4","DOIUrl":"https://doi.org/10.1057/grir.2014.4","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"39 1","pages":"2 - 39"},"PeriodicalIF":1.5,"publicationDate":"2014-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2014.4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58581767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rachel J. Huang, Alexander Muermann, Larry Y. Tzeng
{"title":"Regret and Regulation","authors":"Rachel J. Huang, Alexander Muermann, Larry Y. Tzeng","doi":"10.1057/grir.2013.4","DOIUrl":"https://doi.org/10.1057/grir.2013.4","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"39 1","pages":"65 - 89"},"PeriodicalIF":1.5,"publicationDate":"2014-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2013.4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58580445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Attitudes Towards Income Risk in the Presence of Quantity Constraints","authors":"F. Schroyen","doi":"10.1057/grir.2013.3","DOIUrl":"https://doi.org/10.1057/grir.2013.3","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"38 1","pages":"183 - 209"},"PeriodicalIF":1.5,"publicationDate":"2013-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2013.3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58580374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Satellite Insurance Market and Underwriting Cycles","authors":"P. Manikowski, Mary A. Weiss","doi":"10.1057/grir.2013.2","DOIUrl":"https://doi.org/10.1057/grir.2013.2","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"38 1","pages":"148 - 182"},"PeriodicalIF":1.5,"publicationDate":"2013-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2013.2","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58580322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Background Risk in the Principal-Agent Model","authors":"James A. Ligon, P. Thistle","doi":"10.1057/grir.2012.7","DOIUrl":"https://doi.org/10.1057/grir.2012.7","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"38 1","pages":"115 - 126"},"PeriodicalIF":1.5,"publicationDate":"2013-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2012.7","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58580704","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Examination of Adverse Selection in the Public Provision of Insurance","authors":"Randy Dumm, David L. Eckles, Martin Halek","doi":"10.1057/grir.2013.1","DOIUrl":"https://doi.org/10.1057/grir.2013.1","url":null,"abstract":"","PeriodicalId":43920,"journal":{"name":"Geneva Risk and Insurance Review","volume":"38 1","pages":"127 - 147"},"PeriodicalIF":1.5,"publicationDate":"2013-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1057/grir.2013.1","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58580314","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}