Optimal Capital Utilization by Financial Firms: Evidence from the Property-Liability Insurance Industry
By J. Cummins, Greg Nini. 2002
249 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/6fc04b6787182102c016d42f05c925da415d7d58
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In Accounting
- Elzotbek Rustambekov
- Pongpitch Petchsakulwong
- Anil Nair
- Wen-Yen Hsu
- Michael K. McShane
- Martin Eling
- M. Luhnen
- Nadine Gatzert
In Economics and Econometrics
- M. Luhnen
- Martin Eling
- Elzotbek Rustambekov
- Pongpitch Petchsakulwong
- Anil Nair
- Wen-Yen Hsu
- Michael K. McShane
- Nadine Gatzert
In Finance
- Martin Eling
- M. Luhnen
- R. Faust
- Andreas Kleefeld
- M. Delignette-Muller
- Vytaras Brazauskas
- Christophe Dutang
Citations in the corpus
- The Impact of Corporate Governance on the Efficiency Performance of the Thai Non-Life Insurance Industry (2010, background): “For example, board size is positively related to profitability,15,16 and firm efficiency.10,17 On the other hand, Conyon and 8 For example, Cummins and Nini (2002).”
- Does Enterprise Risk Management Increase Firm Value? (2011, background): “Premiums are the main revenue source for an insurance firm, implying that a higher credit rating leads to higher returns, and supporting empirical evidence has been found (see, for example, Cummins & Nini, 2002).”
- The Solvency II Process: Overview and Critical Analysis (2007, unknown): “Inappropriate solvency regulations can result in unnecessarily high prices for consumers if insurers hold more capital in reserves than is efficient for their level of risk (Cummins and Nini, 2002).”
- Frontier Efficiency Methodologies to Measure Performance in the Insurance Industry: Overview, Systematization, and Recent Developments (2010, methodology): “To illustrate DEA, we discuss a basic model for measuring technical effi- ciency assuming CRS (see, e.g., Cooper et al., 2007; Cummins and Nini, 2002; Worthington and Hurley, 2002).”
- Competition, Efficiency, and Soundness in European Life Insurance Markets (2017, unknown): “This finding would be in line with Cummins and Nini (2002) who find that capital over-utilization primarily represents an inefficiency for which insurers incur significant revenue penalties.”
- Efficiency in the international insurance industry: A cross-country comparison (2010, background): “16 For the United States, Cummins and Nini (2002) find that the large increases in”