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Dissertations / Theses on the topic 'Non-life insurance'
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Yamazato, Makoto. "Non-life Insurance Mathematics." Pontificia Universidad Católica del Perú, 2014. http://repositorio.pucp.edu.pe/index/handle/123456789/96535.
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In this work we describe the basic facts of non-life insurance and then explain risk processes. In particular, we will explain in detail the asymptotic behavior of the probability that an insurance product may end up in ruin during its lifetime. As expected, the behavior of such asymptotic probability will be highly dependent on the tail distribution of each claim.En este artículo describimos los conceptos básicos relacionados a seguros que no sean de vida y luego explicamos procesos de riesgo. En particular, tratamos al detalle el comportamiento asintótico de la probabilidad de que un producto sea declarado en ruina. Como es suponible, el comportamiento en el horizonte depende de la cola de la distribución de las primas.
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Arvidsson, Hanna, and Sofie Francke. "Dependence in non-life insurance." Thesis, Uppsala University, Department of Mathematics, 2007. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-120621.
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Hagsjö, Renberg Oscar, and Oscar Hermansson. "Large claims in non-life insurance." Thesis, KTH, Matematisk statistik, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-215492.
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It is of outmost importance for an insurance company to apply a fair pricing policy. If the price is too high, valuable customers are lost to other insurance companies while if it’s too low – it nets a negative profit. To achieve a good pricing policy, information regarding claim size history for a given type of customer is required. A problem arises as large extremal events occur and affects the claim size data. These extremal events take shape in individually large claim sizes that by themselves can alter the distribution for what certain groups of individuals are expected to cost. A remedy for this is to apply what is called a large claim limit. Any claim exceeding this limit is thought of as being outside the scope of what is captured by the original distribution of the claim size. These exceeding claims are treated separately and have their cost distributed across all insurance takers, rather than just the group they belong to. So, where exactly do you draw this limit? Do you treat the entire claim size this way (exclusion) or just the bit that is exceeding the threshold (truncation)? These questions are treated and answered in this master’s thesis for Trygg-Hansa. For each product code, a limit was achieved in addition to which method for exceeding data that was best to use.Det är oerhört viktigt för ett försäkringsbolag att kunna tillämpa en god prissättning. Är priset för högt så förloras kunder till andra försäkringsbolag, och är den underprisad är det en förlustaffär. För att kunna sätta bra priser krävs information om vilka samt hur stora skador som kan tänkas inträffa för en given kundprofil. Ett problem uppstår när stora extremfall påverkar skadedatan. Dessa extremfall yttrar sig genom enskilda storskador som kan komma att påverka prissättningen för en hel grupp då distributionen för vad gruppen förväntas kosta kan ändras. Detta problem kan lösas genom att införa en storskadegräns till skadedatan. Skador över denna gräns räknas som extremfall och utanför ramen av vad den ursprungliga distributionen för skadorna beskriver. De hanteras separat och låter sin kostnad fördelas över samtliga försäkringstagare. Men vart dras denna gräns? Ska man behandla hela den överstigande kostnaden på detta sätt (exkludering) eller bara den biten av skadan som går över storskadegränsen (trunkering)? Dessa frågor behandlas och besvaras i denna masteruppsats i uppdrag åt Trygg-Hansa. För de olika produkttypkoderna beräknades varsin storskadegräns samt metod för överskridande data.
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Barnholdt, Jacob, and Josefin Grafford. "Predicting Large Claims within Non-Life Insurance." Thesis, KTH, Matematisk statistik, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-228983.
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This bachelor thesis within the field of mathematical statistics aims to study the possibility of predicting specifically large claims from non-life insurance policies with commercial policyholders. This is done through regression analysis, where we seek to develop and evaluate a generalized linear model, GLM. The project is carried out in collaboration with the insurance company If P&C Insurance and most of the research is conducted at their headquarters in Stockholm. The explanatory variables of interest are characteristics associated with the policyholders. Due to the scarcity of large claims in the data set, the prediction is done in two steps. Firstly, logistic regression is used to model the probability of a large claim occurring. Secondly, the magnitude of the large claims is modelled using a generalized linear model with a gamma distribution. Two full models with all characteristics included are constructed and then reduced with computer intensive algorithms. This results in two reduced models, one with two characteristics excluded and one with one characteristic excluded.Det här kandidatexamensarbetet inom matematisk statistik avser att studera möjligheten att predicera särskilt stora skador från sakförsäkringspolicys med företag som försäkringstagare. Detta görs med regressionsanalys, där vi ämnar att utveckla och bedöma en generaliserad linjär modell, GLM. Projektet utförs i samarbete med försäkringsbolaget If Skadeförsäkring och merparten av undersökningen sker på deras huvudkontor i Stockholm. Förklaringsvariablerna som är av intresse att undersöka är egenskaper associerade med försäkringstagarna. På grund av sällsynthet av storskador i datamängden görs prediktionen i två steg. Först används logistisk regression för att modellera sannolikheten för en storskada att inträffa. Sedan modelleras storskadornas omfattning genom en generaliserad linjär modell med en gammafördelning. Två grundmodeller med alla förklaringsvariabler konstrueras för att sedan reduceras med datorintensiva algoritmer. Det resulterar i två reducerade modeller, med två respektive en kundegenskap utesluten.
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Chitiyo, Fadzai Chitiyo. "Demand for non-life insurance: Evidence from select insurance markets in Africa." Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/27402.
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The impact of insurance market activity within financial development is gaining more attention in academia, as the sector experiences growth within emerging markets. This paper aims to understand which macro-economic and social variables impact the growth or decline of the non-life insurance sector broadly across Africa, with a view to provide recommendations to drive increased penetration across the region. The study examines the explanatory factors of non-life insurance demand in Africa, using annual data from 1990 to 2013 on 28 countries. Using Fixed Effects Panel Data Regression, the study finds that: levels of income, and unemployment rates have a significant negative impact on non-life insurance demand; whilst population growth rates, and the level of private sector credit (to GDP) positively impacted non-life insurance demand. Urbanisation rates, and levels of merchandise trade had statistically insignificant effects on non-life insurance demand. Since these variables only explained about 11 % of the variation in the dependent variable, the study suggests that further research into the cultural and institutional (ie. Legal / regulatory) dynamics is required to improve our understanding of what conditions would stimulate non-life insurance demand in future.
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Villaume, Erik. "Predicting customer level risk patterns in non-life insurance." Thesis, KTH, Matematisk statistik, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-103590.
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Several models for predicting future customer profitability early into customer life-cycles in the property and casualty business are constructed and studied. The objective is to model risk at a customer level with input data available early into a private consumer’s lifespan. Two retained models, one using Generalized Linear Model another using a multilayer perceptron, a special form of Artificial Neural Network are evaluated using actual data. Numerical results show that differentiation on estimated future risk is most effective for customers with highest claim frequencies.
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Khan, Sheza Ally. "Determinants of the non life Insurance performance : the portuguese case." Master's thesis, Instituto Superior de Economia e Gestão, 2015. http://hdl.handle.net/10400.5/9091.
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Mestrado em FinançasEsta dissertação tem como objetivo estudar os efeitos da crise financeira de 2008 no setor segurador não vida e determinar quais as variáveis que influenciam a rentabilidade das seguradoras não vida em Portugal, para o período compreendido entre 2004 e 2013. Para alcançar este objetivo, após revisão da literatura foi feita uma análise financeira ao setor segurador não vida e, através de duas regressões lineares, estudaram-se as variáveis que explicam o comportamento do desempenho financeiro. Os dados necessários para a realização deste estudo foram recolhidos na ASF - Autoridade de Supervisão de Seguros e Fundos de Pensões. O método escolhido para obter os resultados referentes às regressões múltiplas foi o de efeitos variáveis para o ROA - Return on Assets - e efeitos fixos para o ROE - Return on Equity - através do Gretl. A amostra inclui 150 observações de 15 seguradoras não vida, num horizonte temporal de 10 anos. Os resultados confirmaram que a estrutura financeira das companhias de seguro não-vida em Portugal é bastante sólida e que as variáveis independentes escolhidas apresentaram um comportamento de acordo com o que seria expectável. De acordo com os resultados finais obtidos, os determinantes do desempenho financeiro no mercado de segurador não vida Português são a idade da empresa, o crescimento dos prémios, taxa de sinistralidade, tangibilidade e índice de competência de gestão.
This dissertation aims to study the effects of the financial crisis of 2008 on the non-life insurance industry and to determine which variables influence the profitability of non-life insurers in Portugal, for the period between 2004 and 2013. To accomplish this, we reviewed the literature and made a financial analysis of the non-life insurance industry in order to, through two linear regressions, be able to study the variables that explain the behaviour of the financial performance. The data required for this study were collected in the ASF - Autoridade de Supervisão de Seguros e Fundos de Pensões. The method chosen for the results of the multiple regressions was the random effects on ROA - Return on Assets - and fixed effects for the ROE - Return on Equity - through Gretl. The sample includes 150 observations of 15 non-life insurers, through a time horizon of 10 years. The results confirmed that the financial structure of the non-life insurance companies in Portugal is rock solid, and that the chosen independent variables behaved according to what would be expected. According to our final results, the determinants of the financial performance in the Portuguese non-life insurance market are company age, premium growth, loss ratio, tangibility and management competence index.
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Gschlössl, Susanne. "Hierarchical Bayesian spatial regression models with applications to non-life insurance." [S.l.] : [s.n.], 2006. http://deposit.ddb.de/cgi-bin/dokserv?idn=978924576.
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Björkwall, Susanna. "Stochastic claims reserving in non-life insurance : Bootstrap and smoothing models." Doctoral thesis, Stockholms universitet, Matematiska institutionen, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:su:diva-55347.
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In practice there is a long tradition of actuaries calculating reserve estimates according to deterministic methods without explicit reference to a stochastic model. For instance, the chain-ladder was originally a deterministic reserving method. Moreover, the actuaries often make ad hoc adjustments of the methods, for example, smoothing of the chain-ladder development factors, in order to fit the data set under analysis. However, stochastic models are needed in order to assess the variability of the claims reserve. The standard statistical approach would be to first specify a model, then find an estimate of the outstanding claims under that model, typically by maximum likelihood, and finally the model could be used to find the precision of the estimate. As a compromise between this approach and the actuary's way of working without reference to a model the object of the research area has often been to first construct a model and a method that produces the actuary's estimate and then use this model in order to assess the uncertainty of the estimate. A drawback of this approach is that the suggested models have been constructed to give a measure of the precision of the reserve estimate without the possibility of changing the estimate itself. The starting point of this thesis is the inconsistency between the deterministic approaches used in practice and the stochastic ones suggested in the literature. On one hand, the purpose of Paper I is to develop a bootstrap technique which easily enables the actuary to use other development factor methods than the pure chain-ladder relying on as few model assumptions as possible. This bootstrap technique is then extended and applied to the separation method in Paper II. On the other hand, the purpose of Paper III is to create a stochastic framework which imitates the ad hoc deterministic smoothing of chain-ladder development factors which is frequently used in practice.
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Hahn, Lukas [Verfasser]. "Quantitative assessment of multi-year non-life insurance risk / Lukas Hahn." Ulm : Universität Ulm, 2019. http://d-nb.info/119313966X/34.
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Ferreira, Mariana da Costa. "Investment strategies of a non-life insurance company under Solvency II." Master's thesis, Instituto Superior de Economia e Gestão, 2016. http://hdl.handle.net/10400.5/13078.
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Mestrado em Ciências ActuariaisNeste trabalho é feita a otimização da carteira de uma empresa de seguros não vida, que utiliza a fórmula standard definida no regime de Solvência II para calcular os requisitos de capital, com o objetivo de encontrar a alocação dos ativos financeiros que minimizam o risco de mercado e, simultaneamente, maximizam o retorno da carteira. A solução é obtida a partir de um processo de otimização multi-objetivo. Para analisar o desempenho da carteira e o risco do capital investido, calculamos a rentabilidade ajustada ao risco (RoRAC), que é o rácio entre o retorno esperado e o valor de Solvência II relativo ao risco de mercado. Os resultados mostram que é possível definir uma estratégia de investimento no regime de Solvência II que permita atingir os objetivos em retorno e requisitos de capital.
On this study we develop a portfolio investment optimization process for a non-life insurance company, where capital requirement is calculated using the standard formula defined by Solvency II. The optimization aims to find the minimum solvency capital requirements for market risk and, simultaneously, maximize portfolio returns. The optimal investment strategy set is obtained using a multi-objective optimization process. To analyse the performance of the portfolio and the capital at risk, we compute the return on risk adjusted capital (RoRAC), that is the expected profit over the Solvency II market capital charge. Results show that is possible to define a set of investment strategies under Solvency II regime that accomplish the objectives on return and capital requirements.
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Hahn, Lukas Josef [Verfasser]. "Quantitative assessment of multi-year non-life insurance risk / Lukas Hahn." Ulm : Universität Ulm, 2019. http://d-nb.info/119313966X/34.
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Werner, Stephan D. "Endogenous risk in non-life insurance : evidence from the German insurance sector during the Interwar period." Thesis, London School of Economics and Political Science (University of London), 2016. http://etheses.lse.ac.uk/3269/.
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Motivated by the recent 2007/2008 Financial Crisis, this dissertation identifies endogenous risk in the German insurance sector during the Interwar sector. In the context of principal agent theory, endogenous risk is the result of a company reacting to shocks that are generated and amplified within the financial system by shifting risk from shareholders to policyholders. This dissertation provides analytical support for this interdependence on the basis of established financial as well as actuarial models and assumptions. The empirical analysis considers the German insurance sector during the Interwar period due to the presence of a pronounced business cycle, the absence of exogenous low-probability high-cost events, a consistent regulatory framework as well as available quantitative data. The econometric analysis is based on four newly compiled datasets that collect the 1924 gold account opening balances, company- as well as line-specific financial information, and stock price quotations for all publicly traded German insurance companies during the Interwar period. The dissertation finds that during the Interwar period in the German insurance sector (Ch.2), the risk of getting discontinued prior to default (3) led companies to cater dividend payout (Ch.4) and reinsurance operations (Ch.5) to an optimistic investor clientele (Ch.6), yet in contrast to the underwriting cycle (Ch.7).
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Harby, Galal Abd El-Haleem. "A non-metric multidimensional scaling analysis of customers' attitudes to life insurance : an empirical investigation of insured vs. non-insured attitudes towards life insurance purchasing decision variables in Egypt." Thesis, University of Sheffield, 1986. http://etheses.whiterose.ac.uk/14762/.
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This study is an investigation of the variables which determine life insurance purchasing decisions in Egypt. More precisely, the interest is focused on the customers' attitudes towards purchasing life insurance, as well as on demographic/socioeconomic factors that are assumed to influence the decision to purchase. It is hypothesized that: A) Attitudes towards life insurance purchasing decision variables are similar (i.e., there is no difference) for both insured and non-insured typologies; B) the importance attached to saving through life insurance is similar to that attached to saving with the other financial institutions; and C) there is no significant relationship between the insured's demographic/socioeconomic characteristics, and the amount of life insurance purchased. The design of the research is by facets. The faceted design permits the whole universe of content under investigation to be observed and a limited content of this universe to be systematically sampled. The data is collected by means of personally administered interview questionnaires to 300 respondents (150 insured and 150 non-insured) . Since the data collected is of two major different groups of variables (i.e., attitudinal and categorical), two different techniques of analysis are employed. The first group (attitudinal) is non-metric, i.e" ordinal scaled, multivariate, and interdependent data, whereas the second group (categorical) is multivariate and dependent data of both nominal and interval types. Therefore, the decision was made to use the Non-metric Multidimensional Scaling (NMS) technique for the analysis of the attitudinal data, whereas the Multiple Classification Analysis (MCA) was found to be the most appropriate one for the categorical data. The MINISSA computer program output employed in this study, investigates the similarities and dissimilarities between the two typolcgies' (insured and non-insured) attitudes to life insurance purchasing decision variables. A Wilcoxon test has been employed to investigate the significance of hypotheses A and B, whereas F-ratio test is used for testing hypothesis c. A Kendall correlation analysis is also carried out on the relationship between the variables that are assumed to determine the life insurance purchasing decisions. The research conclusions are: i) the two typologies are similar in their (average) expressed attitudes to life insurance purchasing decision variables; ii) the most important reasons for purchasing life insurance (by both typologies) are: 1) the protection of dependents; 2) saving purposes for daughters' marriage costs; and 3) retirement income/old age protection; iii) the most desirable financial facilities (offered by the insurer) are: 1) profit sharing; 2) borrowing against the cash value of the policy; and 3) the guarantee of surrender values; iv) the most important financial aspects for purchasing life insurance are: 1) a small amount of money being invested; 2) safety for money; and 3) provision against inflation. The significantly different attitudes expressed by the two typologies are those with regard to the importance attached to having life insurance against saving with the other financial institutions. It is concluded that the most distinctive function of life insurance programmes is to cover risks (protection element), whereas saving with the other financial institutions is considered to be of more importance where the purpose(s) is to get a high return on investments and/or saving for emergency situations. The findings on the MCA output show that the selected predictors account for a relatively high proportion of the variance in the amount of life insurance purchased (R2 = 55%). However, the most important explanatory variable is found to be current income. The investigation finally concludes by suggesting the potential applications of these research findings for the process of decision making in the life insurance marketing management in Egypt.
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Cheng, Bao-Wen, and 鄭博文. "The strategy of promotion of Non-life insurance industries to cooperate with the life insurance brokers- X Non-Life Insurance Company." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/29063167640321650543.
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碩士淡江大學
保險學系保險經營碩士在職專班
99
In recent years, as adversely impacted by the spread loss and reserve increase following the financial crisis and the implementation of IFRS, many foreign-based life insurance companies in Taiwan have sold their Taiwan branches to the other local life insurance companies. As a result, about 60,000 salesmen of these Taiwan branches of the foreign-based companies were merged into the local companies, and some of them may not be able to adopt to the system of the local companies and turn to the life insurance brokers or agents as their best choice. This thesis discuss how the Non-life insurance industries cooperate with the life insurance brokers by maneuvering the four main dimensions, ie. environmental factors, business strategy, organizational structure, and performance goals, the last dimension of which is generated by the coordination of the former three ones. Further, by the way of the questionnaire survey methods of the expert Delph and given from the results of the said methods conducted for two times , the recommendations and conclusions of the four dimensions are summarized as below : 1.Environmental factors : Due to the low price competition prevailing in the non-life insurance industries, the market has been grown slowly. In such circumstance, the non-life insurance companies can provide the life insurance brokers with a convenient e-commerce platform so as to reduce the cost of labour operation and to maintain long-term dependence, which aims to win the reliance of the life insurance brokers and create the value of mutual cooperation. 2.Business strategy : Though the main factors considered by the life insurance brokers to choose the non-life insurance companies as their partners are the brand image, financial soundness, product uniqueness and differentiation etc. However, the brokers usually put more focus on the level of brokerage; as a result, the loyalty of the brokers is not stable and they even do not care about who the partner is. In this situation, in addition to the brokerage, the business strategies of the non-life insurance companies are recommended to tie up their partners of the life insurance brokers under the common goal of profitability, on the basis of the effective integration of resource and the achievement of the mutual benefit to the both parties, and make the maximum performance as their strategy. 3.Organizational structure : The non-life insurance companies are also recommended to set up independent departments responsible for the development and maintenance of channel of life insurance brokers. For the external operation, the departments are to provide the brokers the channel of communication and complaint so as to solve problems from the brokers efficiently and to improve the service quality; for the internal side, the departments are to convey the right message from the brokers and through the division of labour authorization, to know well and keep regular progress of cooperation with the brokers, and to have conflicts resolution between the brokers, which from the point of cooperation strategy, will reach a long-term interactive partnership. 4.Performance goals : the non-life insurance companies shall conduct a periodical access on the performance of the partners of life insurance brokers to work out and meet the goals agreed by both parties. For the non-financial sides, the performance is evaluated via the contribution and productivity of the employees to the channel, and provide incentives to create the operation profit. Ultimately, to surpass the performance goal is the core value of strategy of promotion of Non-life insurance industries to cooperate with the life insurance brokers.
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Huang, Yun-Wen, and 黃韻紋. "The Study of Business Strategy of Commercial Health Insurance in Non-Life Insurance Industry Case Study : A Non-Life Insurance Company." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/87905636560451586433.
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碩士淡江大學
保險學系保險經營碩士在職專班
98
Non-life insurance companies start to launch commercial health insurance products in 2007, since Article 138 of Insurance Law has been approved by Legislation Yen. This essay not only aim to address the tough situation of non-life insurance industry when they faced the competition from life insurance but also cover the experiences of non-life industry on diversified health products development, customer need fulfillment, underwriting /claim skill improvement, marketing strategy and performance management in the new segment. The main contains of this thesis include: 1.To provide marketing strategy and products handling supervisory following deeply research in the external market analysis on the segments of politics, economics, society and technology as well as study the internal challenges including rival competitions, products pricing, underwriting and claim practices. 2.To focus the potential targets throughout a comprehensive study in managing performance, marketing strategy and risk management compared to life-insurance industry. 3.To recommend the planning procedures and guidelines after study the managing performance and experience from drive planning, products developing, channel placing and underwriting / claim performance appraising.
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Hsieh, Ching-huang, and 謝慶皇. "Non-life insurance agent in the management of banking insurance." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/46997651444655188019.
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碩士逢甲大學
經營管理碩士在職專班
95
Due to the growing trend towards free marketing and internationalizing in Taiwan’s finance operation, the finance related businesses, including banking, insurance, stocks and bonds, investment and so on, all ran into difficulty in recent years. Besides, the trend for joint venture in finance operation also challenged these finance businesses as well. The study investigated banking insurance channels of property insurance agencies and brokers by doing paper research, data analysis, and interview. The study found that: 1. In a finance group, how the insurance agencies and brokers were put depended mainly on the supportive attitude of the key man. 2. The company that provided a higher commission to its business partners didn’t guarantee its better prospects of promotion. 3. The management of the property insurance agencies and brokers should not only maintain the core competition strength, but also equip with the competence for resource integration. 4. Combine with of the banking and insurance brand also industial culture will provide a unique sales differentiation that increases sales revenues for income. In addition, the study also suggested that property insurance agencies and brokers might expand the channels to overseas areas and establish their customers’ databases to attain the greatest management effectiveness via second marketing and cross-selling.
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Lin, Chia-Chu, and 林家駒. "The Study Of Internal Control And Audit Of Non-Life Insurance Industry - For A Non-Life Insurance Company." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/35063060777505622375.
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碩士銘傳大學
風險管理與保險學系碩士在職專班
99
At the core of the management of a corporation is its crisis management, which has become a hot issue with both the academic and the business worlds. A sound management makes sure of the coordination of all the corporate policies and the maximization of the benefits for the shareholders along with protection of the legal rights for the parties involved and generally a better performance for the corporation. This internal-audit system serves as the channel for the management through which can be achieved the goal of sound corporate management, effective operation, the credibility of the financial reports and regulations. The role the internal-audit plays has to do the concept of crisis management, which examines in detail every key procedure in the entire corporation, with any flaws found and the department involved then trying to get to the bottom of the problem and come up with a solution. Intramural cooperation will be assisted with so as to better integrate the procedure of the operation and its related regulations coupled with the avoidance of errors and any waste of resources, having in mind of reinforcing better internal control. Besides, the management can then be more creative, the general operation and efficiency upgraded, which will go toward the expansion of business, which in turn benefits the corporation’s efficiency and revenues, with the corporation ever having the competitive edge over its rivals. In theory and in practice, for internal audit to function with efficiency a sound management structure in a corporation is required: there lies a close link between the two. This research is thus focused on the upper management of Insurance Company A, its internal audit staff and the auditors from an accounting firm; the relationship between the management of a corporation and its internal audit will be closely examined, the findings of which point to the fact that in practical operation the board of directors are closely related to the objectivity of internal audit, which indicates that the aggressive participation of the directors on the board, the auditors and the independent director has helped a lot with the objectivity and design of the internal audit, not to mention its relations to the general performance of the company, with the following viewpoints thus formed: (1) The value of the attention and support of the board: for internal audit to efficiently help with the operation of the board, a whole lot depends on the attitude of the board towards corporate management, its operation and internal audit; that is, the aggressive participation on the part of the board is definitely a must. (2) The role of the internal audit: the role is closely linked to the performance, contribution and value. A healthy mindset and approach plus infinite enthusiasm plus superb and professional training along with a good management of customer relations and the establishment of the value of good auditing—all the above achieved, the importance, contribution and role of internal audit will be gradually elevated. (3) A new thought on internal audit: best results from internal audit can be achieved through minimum internal audit staff that finds itself constantly improving its learning curve, sharing resources, brainstorming, updating the computer auditing system and self-management and then presenting superb efficiency and performance as regards auditing and its professionalism, thus maximizing the effect of internal audit to the best possible of its potential
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Hsieh, Wu-Chang, and 謝武章. "Research on Integrated Marketing Communication of Non-life Insurance Company-A Case Study of F Non-life Insurance Company." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/24944315281009555514.
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碩士大葉大學
事業經營研究所碩士在職專班
95
Since Financial Holding Company Act was passed in 2001, all the related channel systems have been eager to dominate the non-life insurance market. Currently, the annual sales revenue of non-life insurance is more than 100 billion NT dollars, and all the related channel systems account for more than 60%, which is a high-cost burden on the management of non-life insurance business. Therefore, almost every non-life insurance company has spared no effort to increase their existing business ratios, reduce operational cost, and applied integrated marketing communication (IMC). IMC aims to use synergy integration to provide consistent messages to consumers and further maximize the effectiveness of communication, so that consumers and non-life insurance companies can achieve win-win situations without any dependence on channels. Based on the applications of IMC by F Non-life Insurance Company reduce the dependence on channel systems, this case study focused on “consumers” to investigate the “cross-industrial alliance” and “database construction and analysis as well as database marketing” dimensions of the case company. This study expected to get rid of the marketing module of channel systems and help non-life insurance companies effectively exploit IMC. Finally, through the proposed ICM model, this study also aimed to solve the predicament facing non-life insurance companies.
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CHEN, CHUN-HUNG, and 陳俊宏. "A Study of Key Factors of Insurance Brokers Choosing Life and Non-life Insurance Companies." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/48993n.
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碩士國立高雄第一科技大學
風險管理與保險系碩士專班
106
Legally speaking, insurance brokers are intermediary agents for insurance buyers. Insurance brokers must thus make meticulous evaluations in the selection of property, casualty and personal life insurance companies for their clients. This study focuses on the selection criteria used by insurance brokers when selecting these kinds of insurance companies. Questionnaires were sent out to professional insurance brokers from both the sales and administrative sides of the insurance industry. These subjects were selected via purposive sampling. A total of 226 completed questionnaires were collected. Empirical results applied analytical methods such as t-test for independent sample, single factor variation and exploratory factor analysis. Analysis of the data suggests that dimensions like “product orientation”, “service orientation” and “company brand orientation” impacted how insurance brokers select insurance companies. Among these dimensions, factors like product design, commission rates, sales expectations, overall effectiveness (e.g. underwriting, insurance claims, customer service), auxiliary marketing, and company branding all have an effect on how insurance brokers select insurance companies for property, casualty, and personal life insurance. By focusing on these factors in operations and marketing, insurance companies try to create a win-win situation for insurance brokers, companies, and clients. Brokers are thus incentivized to work with these insurance companies, them more business.
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朱政龍. "A Research on beneficiaries of non-life insurance." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/68587434643898122883.
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Lu, Kuang-Sheng, and 呂廣盛. "A comparative analysis of personal accident insurance operation in Taiwan life & non-life insurance industry." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/18286320282455057716.
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碩士逢甲大學
經營管理碩士在職專班
92
Abstract The commercial personal insurance product has been introduced into life insurance market in Taiwan since year 1962. The content of commercial personal insurance had been changed after Taiwan property & liability insurance industry initiated personal accident insurance products into market in July, 2001. It involves a new content of personal accident insurance and influences original personal products in life insurance. In addition, the different concept and situation between life and non-life insurance, it also develops diversified products and causes fierce competition year by year. On the other hand, the increasing insurance need of customers and asymmetric information initiate “low cost (premium) high utility (protection)” insurance fraud events. It would interrupt or invade the long-term accident insurance system. Under the above background, we attempt to research this issue based on personal insurance policy in Taiwan. Firstly, analysis of loss statistics in life insurance. Secondly, discuss the product development process from design stage to marketing stage with comparative research method, in the aspects of actuary, marketing, underwriting, claim, etc. in life and non-life insurance. Next, make fully comparative research between life and non-life insurance operation in order to find significant sign and competitive niche in this issue. Finally, make several conclusions for life insurance industry as follows: 1. Pricing should revise different occupation classification including the factors of age and sex；the dismemberment and disability classification revision fails to interrupt insurance fraud while the frequency of serious dismemberment event is still increasing. 2. The new product is approved with admission type or report type by MOF ( Ministry of Finance) in life insurance while the new product is only approved with admission type in non-life insurance. In marketing, it caused non-life insurance industry drop into unfair competition with life insurance industry. 3. The application form is not regulated by MOF in non-life insurance. The interest of consumers might be damaged. 4. Due to insufficient operation experience in non-life, the higher risk transferring proportion in reinsurance and only earning reinsurance commission, it would interrupt non-life insurance companies to accumulate risk management experience. Therefore, we recommend several suggestions for insurance industry: 1. Insurance Industry should enrich product developing with diversity, real life, protection function or low loading orientation while the data system based on claim event year would be established as soon as possible in order to revise premium rate in timing. 2. Non-life insurance companies should avoid price competition that may cause insolvency, concurrently the contents of personal accident examination and license system should be enriched to left the professional level. On the other hand, the static database must be able to support the actuary analysis. 3. Life and non-life insurance industry should cooperate to set up a fully reporting system to reduce insurance fraud. 4. The authority of regulation organization should be exclusively independent and assists to enforce anti-crime mechanism. 5. The consumers should share the responsibility of insurance anti-fraud and purchase personal accident insurance according to the individual situation and need rather than cutting price. The main target is to build a positive insurance developing system.
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HSIEH, WAN-CHEN, and 謝宛真. "Person Accident Insurance and Financial Performance :Evidence from Non-Life Insurance Companies." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/sz3t4e.
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碩士國立中央大學
產業經濟研究所在職專班
104
Personal Accident Insurance and Financial Performance: Evidence from Taiwan Non-Life Insurance Companies. Abstract The purpose of this study is to measure the financial performance of fourteen Taiwan non-life insurance companies by using annual statistics from 2007 to 2013. This study chose eight explanatory variables from other studies and two explanatory variables by me. The two explanatory variables are the ratio of personal accident insurance and the non-life insurance companies operating with the life insurance companies or not. This study also applied the panel data regression with fixed effect to the impact of financial performance. The empirical results indicate: 1. The ratio of reinsurance, return on investment, operating with the life insurance companies or not, and economic growth rate had a positive and significant effect on return on assets. The ratio of loss, financial leverage, and the years in business had a negative and significant effect on return on assets. 2. The ratio of reinsurance, return on investment, operating with the life insurance companies or not, and economic growth rate had a positive and significant effect on return on equity. The ratio of loss had a negative and significant effect on return on equity. 3. The ratio of personal accident insurance, financial leverage, the years in business had a positive and significant effect on operating profit ratio. The ratio of reinsurance and assets had a negative and significant effect on operating profit ratio.
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Hung, Pei-Ying, and 洪沛瀠. "A Study of Long-term Care Insurance Operations in Non-Life Insurance." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/67343162277849082904.
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碩士淡江大學
保險學系保險經營碩士班
104
Aging population and low fertility have been bringing great challenge to Taiwan because the change of population structure in the 21st century. The people over the age of 65 will much than the people under the age of 14, and Taiwan will become aged society in 2018, become hyper-aged society which is mean almost one-in five people in Taiwan will be 65 years or older in 2025. This paper is according the article 138 of Insurance Act, an insurance enterprise in the "non-life insurance" category shall engage in the business of non-life insurance only, an insurance enterprise in the "insurance of the person" category shall engage in the business of insurance of the person only, and the same insurance enterprise may not engage concurrently in non-life insurance and insurance of the person, provided that this restriction does not apply where a non-life insurance enterprise is approved by the competent authority to engage in personal injury insurance or health insurance. This paper not only discusses the product design, underwriting, claims and marketing of commercial long-term care insurance, but also provides important reference for developing the opportunities of business.
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Chang, Chia-ming, and 張家銘. "Actuarial Pricing of Individual Health Insurance for Taiwan Non-life Insurance Industry." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/68401653201341962316.
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碩士朝陽科技大學
保險金融管理系碩士班
95
In 2004, the Executive Yuan adopted to adjust partial articles of the Insurance Law in the session allowing non-life insurance companies to execute health insurance under 1 year. It makes non-life insurance companies advance to manage the increasing new business, after managed property insurance. Because non-life insurance companies have no concept of managing at all to the health insurance , the item design, rate in the health insurance stipulate, on sale throughout the way, protect and settle a claim etc. and has not all agone experience is suitable for consulting. This study tries to utilize every material in the Bureau of National Health Insurance of the department of health Executive Yuan, Then uses the Grey Theory to be calculated the 2007’s information, by analysis the future occurrence rate and expenses to the basic medical expense Insurance of the non-life insurance companies. At last the study compares and analyzes with calculated rates and the rates of Life Insurance companies. The research shows that the rate of male and female passes to increase with the age, and female’s rate higher than male. But in which calculated rates have insufficient incidence form elders and females between 25~40age bracket. The elders of male’s rates are more arising rapidly than females. Thus proposal non-life insurance companies adjust the rate of age bracket and build up a database of statistics quickly with infant managing stage.
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Huang, Chin-Hyu, and 黃金虎. "The Operation of Grassroots Financial Insurance Channels by Non-life Insurance Companies－The Case Study of M Non-life Insurance Operating Farmers’ and Fishermen’s Associations." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/24308830768834534321.
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碩士逢甲大學
經營管理碩士在職專班
99
Taiwan government passed the “Financial Institutions Merger Act” and “Financial Holding Company Act”, and joined the World Trade Organization in the year of 2002 after the Asian financial crisis. These efforts have been made to conform to the trend of liberalization. At the same time, it helped to improve the financial efficiency and to reduce the impact from the market. Nowadays, Taiwan bank and insurance industries have been facing the big challenges by the internationalization and globalization. This study aims to discuss the operation of grassroots financial insurance channels by M non-life insurance company. It takes M Non-life Insurance Company operating the business in Farmers’ and Fishermen’s Association as an example to come up with a few of important conclusions. The previous studies have been used as a base for an in-depth interview so to fulfill with the qualitative research methods. Finally, the conclusions have been made as follows. 1. The primary consideration for Farmers’ and Fishermen’s Associations to choose a non-life insurance company as the partner is the commissions; followed by brand name, popularity, reputation, service location, service speed, attitude, support, after service and service efficiency, etc. 2. The sales can be improved by either customize individual case, KPI or encouragement regardless it’s a non-life insurance company or Farmers’ and Fishermen’s Associations. 3. The interview results show advantages and disadvantages from internal analysis, and the opportunities and threats from external analysis by SWOT analysis and in-depth interviews. 4. The non-life insurance companies could introduce customers to assist Farmers’ and Fishermen’s Associations to help them in the agriculture and fishery product sales and their licenses which greatly helpful for the mutual benefits. 5. Discovery on the changes and impacts of the insurance channels in Farmers’ and Fishermen’s Associations before and after the establishment of Agricultural Financing Insurance Brokers, the measures must be taken into consideration to meet with different strategies and plans. To win over the other insurance channels, except for the higher commission, providing differentiated products and services so to gain more support from Agricultural Financing Insurance Brokers is very critical.
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Lin, Chuan-Feng, and 林傳峯. "A Study on the Marketing Cooperative Strategies of Non-Life Insurance Company of Non-Financial Holdings with the Life Insurance Companies." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/45115271833577904512.
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碩士淡江大學
保險學系保險經營碩士在職專班
103
Following the implementation of "Financial Holding Company Act" and "Banks, Securities Firms, Insurance Companies Apply for Approval to Jointly Promote Other Business'' Products or Provide Relevant Services" stipulated by the Financial Supervisory Commission, such financial sectors as banks, securities companies and insurance companies make good use of their marketing advantage by way of the cross-selling activities within the holding group companies and the cross-industry alliance. Especially, the insurance companies actively promote their insurance products via the banking channels, which lead to the so-called Bancassurance has been blooming for years. Based on an intensive evaluation of the sales performance for life insurance shown in the paper, it evidently depicts that the sales revenues mainly result from the banking channels for the past six years. However, the premium revenues from the non-life insurance company are much fewer. It demonstrates that the non-life insurance companies need to deliberate how to develop other sales channels besides Bancassurance in order to increase more business volume. As indicated in the relevant statistics, the life insurance companies have an outstanding performance of cross-selling the non-life insurance products within the holding group companies rather than the banking channel, which implies if the non-life insurance companies of non-financial holdings need to think over the marketing cooperation with the life insurance companies so as to stimulate premium growth. The paper addresses the feasibility study together with the essential conditions related to the marketing cooperation between the non-life insurance companies of non-financial holdings and life insurance companies in terms of in-depth interviews with the responsible management of life insurance companies, insurance brokers and non-life insurance companies, which might provide the top management of insurance industry with a good reference while elaborating the marketing strategy.
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Mai, Ju-Chieh, and 麥茹捷. "Measure the Performance of Life Insurance and Non-Life Insurance Industry in Taiwan－Application of Metafrontier Model." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/19721683576245150699.
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碩士淡江大學
保險學系保險經營碩士班
96
In the past, most of the study investigate business performance of insurance industry in a certain area or in a single industry with Data Envelopment Analysis(DEA). Study in business performance of Life-insurance and Non-life insurance simultaneously are scarce. Therefore, this study analyzes in two phases based on DEA. In the first phase, we utilize individual group data to estimate frontier of individual group (life and non-life insurance) respectively and to calculate the value of technique efficiency and cost efficiency. In the second phase, this study employs metafrontier model to find out envelope curve, namely metafrontier, and analyzes metafrontier technique efficiency and cost efficiency and cross-period change of productivity. Investigating period of the study lasts from 1999 to 2005 and includes 33 insurance companies (of which 19 are life insurance company, and 14 are non-life insurance company). Life insurance and non-life insurance both consider “numbers of employee”, “fixed asset” and “investment expense” as invested elements; “price of numbers of employee”, “price of fixed asset” and “price of investment expense” as invested price; “reserve” and “insurance premium” as output. In addition, this study uses LINGO software. The result of the study are： 1. For single-period efficiency, cost inefficiency of Life insurance and non-life insurance company in Taiwan mainly comes from resource misallocated inefficiency, causes over invest practical factor. 2. Of the cross-period accumulative efficiency, the average value of accumulative cost efficiency in life insurance increase slightly and the average value of accumulative technique efficiency decrease slightly. Cost efficiency in non-life insurance decreases with increasing accumulative period and technique efficiency maintains stable. 3. For metafrontier, single-period and cross-period average values of cost efficiency and technique efficiency of life insurance are higher than that of non-life insurance. As a whole, efficiency of life insurance is better than that of non-life insurance under the situation of the same technique standard. 4. The Cost Gap Ratio and Technology Gap Ratio of life insurance is higher than that of non-life insurance. As a whole, compared to non-life insurance, cost efficiency and technique efficiency of life insurance is much closer to the whole insurance industry under the same technique standard. 5. This study uses Malmquist productivity index to analyze the variation of productivity of life insurance and non-life insurance from 1999 to 2005. For groups, productivity variation of life insurance declines and non-life insurance is in the contrary. Both productivity indexes are less than 1 which means the productivity variation of the whole insurance industry still decline.
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Wu, Ya-Ping, and 吳雅萍. "The Study on Operating Maturity-Refund Insurance in Taiwan Non-Life Insurance Industry." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/25262670474923701373.
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碩士淡江大學
保險學系保險經營碩士班
103
The maturity-refund-type insurances were designed by Japanese insurers in 1963. This type of insurance combined protection with savings as the product features. To observe the development of the non-life insurance market in Japan, the maturity-refund-type insurances were flourishing in that period. And also turned a new page of history for non-life insurance in Japan. This study aims at the specifics of the maturity-refund-type insurance and finds further the conditions of research and development for non-life insurers which will be applicable to the maturity-refund-type insurance. Besides, we illustrated development of the maturity-refund-type insurance and value in Japan with related statistical data etc. Next focus on following the aspect of business and finance, analyze the influence on operating the maturity-refund insurance for non-life insurance industry in Taiwan. Finally, offer the related suggestions to develop the maturity-refund insurance into Taiwan market.
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Chou, Ching-Ping, and 周靜平. "A study on the combination of insurance products for Non-life Insurance Company." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/97025132764032776203.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士在職專班
98
Title of Thesis：A Study On The Combination Of Insurance Products For Non-Life Insurance Company Total pages：128 Key word：Insurance Product; Insurance Product Combination; Core Insurance Product; Actual Insurance Product; Augment Insurance Product Name of Institute： Tamkang University, Master’s Program in Insurance Management Graduate date： Jan, 2010 Degree conferred：Master Name of student：Ching-Ping, Chou Advisor：Professor Yi-Jen,Hu 周靜平 胡宜仁 教授 Abstract： In recent years, the Taiwanese industrial structure has been changed by the out-movement of most labor intensive industries. Non-Life Insurance industry has encountered stagnant growth due to insurance premium liberalization and recent global Financial Tsunami. In order to overcome these structural difficulties and keep business growth rate, Taiwanese Non-Life insurance companies are forced to focus on product profile creativity by introducing more variety and combination of products to find a niche. This study is aiming at understanding the evolvement of insurance products and combination by analyzing the characteristics, categories and combination formulation of single insurance products and variable product combinations. Meanwhile, the related regulations and supervision which impact the industry will be included to inspect the development of the insurance industry. Finally, writer’s suggestions shall be provided with the conclusion of analysis. The summary of this study is presented as the following: 1). Insurance product combination analysis Combination products will become the main stream of the Taiwanese Non-Life insurance market. Multiple core products combination will be the major product portfolio for personal insurers market; and customized products profile and redemption are provided to commercial insurers. In order to encourage new products development and formation, some protections are urgently to be made up which should prevent the hesitation of products renovation and market development. 2). Management of Non-Life Insurance Company Non-Life Insurance Company has to have individual perspective and vision for their business development. The products portfolio should be formed accordingly. While designing the product combination, Qualification Requirements should be fully understood. Furthermore, company competitive advantages shall be developed to remain its superior market position. 3). Administration of insurance products Building up the product data base, structuring products and combination, standardizing administration procedure, collecting business information and figures, evaluating of the business results, and providing promptly services are the key success factors of the insurance business. 4). Supervision of insurance products Supervision Consistency is suggested to be adjusted according to the differences of Life and Non-life insurance products. The inspection of product contents by the authority is suggested to consider the product characters and business efficiency. For the inspection opinions, integrating the opinions of all inspecting commissioners should be done in advance. Product management statistics should be adjusted by the variety of the insurance products and combinations to prevent some products fallen in the supervision gray area.
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Hsieh, Hui-Ling, and 謝慧齡. "The Investigation on Non-Life Insurance Companies Operating Commercial Health Insurance in Taiwan." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/48464477104220837910.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士班
97
Non-life insurance companies are approved to operate in health insurance since Insurance Act revised on July 18, 2007. However, property-liability insurers issuing health insurance still have a lot of problems need to further investigate. For example, non-life insurers could misprice the health insurance premium because they are not familiar with morbidity table. Moreover, if non-life insurers always use low-price strategies to expand their market share, it could increase the probability of insolvency. Non-life insurance companies are temporarily approved sell one-year term health insurance policy without guaranteed renewable. However, the provision of Article 138 of the Insurance Act keeps the possibility that property-liability insurers sell the health policies with guaranteed renewable clause in the future. The purpose of this paper investigate the impact of non-life insurance industries operate guaranteed renewable health insurance policy. Then, we adopt the National Health Insurance Research Database (NHIRD) to calculate the health insurance premium and compare our results with two selected non-life insurance companies The paper concludes with a discussion of possible threats that guaranteed renewable policy for the non-life insurance industries.
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Yang, Cheng-Feng, and 楊承峯. "A study of Non-life Insurance Marketing Performance Analysis Concerning Auto Insurance Agents." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/08450331666451720968.
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碩士淡江大學
保險學系保險經營碩士在職專班
100
Non-Life insurance marketing channels can distinguish between two broad categories of direct marketing and indirect marketing in Taiwan, independent automobile Insurance agency indirect marketing of cars accounted for only after the insurance companies and car dealers to maintain the insurance companies business the highest proportion, and car dealers Insurance agency involved in the automobile insurance market. The friendship of the good providers, you can get a large number of insurance business, insurance companies need a small number of marketing staff training services to automotive dealers, without training a large number of sales for business promotion. K, T, H Insurance agency agents N insurance company or other insurance companies in the insurance business, which cited application of "Independent Agency" and "Exclusive Agency" concept. K, T, H insurance agents interaction with N insurance company affiliates, compared to business with the proportion of the real gap, K insurance agent with the lower proportion of T,H insurance agents with a higher proportion of the overall operating performance and the contribution of N insurance company will be based on ten business indicators have scores add up to order of ranking, that is, T insurance agent for N insurance company of tribute offer degrees, followed by K insurance agent, H insurance agent contribution minimum, the main cause of T and K Insurance agents signing business is about H insurance agent is more than twice the gap between the insurance on behalf of other analytical indicators less.Significant, so the T and K insurance agents benefits, H insurance agent smaller benefits. Insurance companies and insurance agents are complementary business relationship, the third stage after the implementation of the liberalization of the rates, resulting in seriously affected and the impact of the overall product of insurance marketing channel, the insurance company will depend on the goods-how, marketing and differentiated services to work out the optimum of coping strategies.The main purpose of access to up to tourists, expanding and diverse marketing channels to maximize functionality and to create maximum efficiency. 表單編號：ATRX-Q03-001-FM031-01
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Wong, Gean-Cheon, and 王任昌. "THE LEGALITY OF NON-LIFE INSURANCE CARTEL IN TAIWAN." Thesis, 2000. http://ndltd.ncl.edu.tw/handle/40602336541707021277.
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碩士逢甲大學
保險學系
88
The purpose of the study is to promote fair trade of the non-life insurance market in Taiwan. The study investing the cartel on non-life insurance industry thought descriptive and comparative approaches. And draw conclusions from interviews with professionals and professors. The operation of non-life industry has relied largely on rate regulations, co-insurance pool or other actions of limitation for many decades in Taiwan in order to maintain stable markets and avoid competing. Such cartel results in the losses of social welfare and disadvantages to customers. The antitrust law does not allow them, which regulates market transactions in good order. But under the main ideas that support the cartel continuously from the industry, government, and academic institutes, such actions have remained unchanged since the law was carried into effect for eight years, and no one was punished and fined by the authorities concerned according to the law. Based upon the cartel analysis of non-life insurance industry in terms of market, economy, and law, the various reason for non-life insurance cartel supported by them are contradictory to facts or laws. Non-life insurance industry gets involved in the peculiarity of public interest and high risk, but we cannot say that it cannot compete with each other. Non-life insurance industry competes with part of customers who are powerful to negotiate price; its prices are 30% of the fix-pricing system since 25 years ago. Competition in non-life insurance marketing changes only from a hidden style to an overt style, and it is easy to extend widely to all customers. Furthermore, insurance industry regarded as a risk business is a professional operation and able to deal with risk by itself. Otherwise, it is not different from gambling. We do not have to worry so much even if non-life insurance industry is broke because of competition. Non-life insurance retention in the country is not at a large scale in net premium, and non-life insurance is featured by less long-term savings. The bankruptcy of non-life insurance industry has little effect on customers, non-life insurance, and communities. The purposes of insurance supervision are consistent with those of antitrust law. It is groundless that the factors of insurance supervision interfere with the use of antitrust law for non-life insurance companies. But the actual operations of government are inconsistent with that, the non-life insurance industry undaunted to deal with illegal cartel. The areas of the cartel on non-life insurance industry are extremely enormous with more than NT$100,000,000 each day. It will be of great use for our society if it can be regulated early in the antitrust law.
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Huang, Senyan, and 黃勝彥. "Loss Reserving Process Management in Non-life Insurance Industry." Thesis, 2003. http://ndltd.ncl.edu.tw/handle/f6464e.
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LI, YING-TAIN, and 李盈瑱. "Market discipline in Non-Life Insurance Industry of Taiwan." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/59875453772475754149.
Full textAbstract:
碩士逢甲大學
風險管理與保險學系
104
This study intends to discuss market discipline in Non-Life Insurance industry of Taiwan. We want to analyze that whether consumers have sensitivity to risk of Non-Life Insurance companies. Using 2008 to 2014 annual data, we apply the Linear Regression Models for Panel Data. To investigate the effects of firm size, complaint rates, financial rating grades and financial rating changes in premium growth rate. The empirical results show that Non-Life Insurance industry of Taiwan have market discipline to a certain extent. The most obvious market discipline in Non-Life Insurance industry reflect in the complaint rate and financial rating downgrades. Complaints rates and financial rating downgrades have significant and negative effects on premium growth rates. Financial rating grades have positive effects on premium growth rate. Firm size and financial rating upgrades have negative effects on premium growth rates.
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Cheng, Hui-Tzu, and 程惠慈. "A Study of Non-Life Insurance Marketing Performance Indicators." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/34304402742331715290.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士在職專班
98
This study provides dozens of the general level of non-life insurance marketing performance evaluation index formula, not only to consider "quantitative" aspects, but also to take into account the "quality" of respect, by "quality" and "Quantity" double both the evaluation methods , will enable business marketing personnel performance evaluation results more objective, and can guide the continuous non-life insurance business colleagues self-toes, and more emphasis on self-enrichment, and thus enhance their professional quality and marketing capability. In addition, consumers can use data for cross-analysis of the non-life insurance, be insured from insurance companies to find high-quality; for Insurance companies, also through the non-life insurance marketing key performance indicators rating results, to detect internal sales staff in the business to attract the potential loss, except to avoid the seeds of future crisis management, but also on the insurance companies on their business strategy formulation there are very helpful. Based on the construction of non-life insurance marketing key performance indicators of the formula for non-life insurance business management is a necessary and importance.
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VO, THI MAI HUONG, and Vo Thi Mai Huong. "Performance Evaluation of Non-life Insurance Companies in Vietnam." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/5my2qc.
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碩士國立臺北科技大學
管理學院外國學生專班
107
This thesis aims to study the performance of non-life insurance market in Vietnam from 2011 to 2016. We collected a total 8 domestic non-life insurance companies in Vietnam. We used CCR and BCC models of Data Envelopment Analysis (DEA) approach to analyze the data and study the impact of domestic non-life insurance firms to the market. This research also indicates that the performance of large companies is higher than that of small companies. Basically, large companies occupy most of the market share. Furthermore, they have higher capacity to take high-risk property businesses than small companies. This study also contributes to the existing research in non-life insurance firms in several ways. Firstly, it enables the management of insurance companies to assess, manage and achieve optimal strategies in view of excessive market competition. Besides, it demonstrates the current performance of the non-life insurance market, allowing governmental bodies to introduce proper future policies.
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Tan, Szu-Yuan, and 檀思源. "A Study of the Non-Life Insurance Company of Merger and Acquisition in Taiwan– The Case of Non-Life Insurance Company in Japan." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/80936228105436640402.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士在職專班
98
Japan is the second largest market of insurance in the world. In the long term, the Government of Japan implemented protection policy in the financial industry and strictly limited the competition; therefore, the insurance industry maintained the stable growth under the law, specification and tacit agreement of the same business. In response to external environmental changes in 1996, the Government began of financial deregulation. Against the keen competition of price, the industry made every effort to survive by Business Integration or Strategic Alliances, but the whole performance did not improve, so considering further reducing costs and the pursuit of economies of scale, the case of M&A and reorganization began to emerge, and it has been ongoing until now. M&A, which is a financial activity including two approaches of the ‘merger’ and ‘acquisition’ achieve the purpose of combination of enterprises. M&A derived from United States and it has developed more than a century so far. Originally the purpose of M&A was in order to expand its scale of organization or operating capacity and to pursue the external growth. Therefore, it emerged not only in the peacetime of the prosperous growth but also in the time of drastic change of environment where the enterprise wanted to survive. The behavior of M&A in the property insurance industry in Japan was clearly the latter case. There are too much same businesses to cause the problem of limited scale in the insurance industry in Taiwan. The premium incomes have begun to decrease steadily since achieving the peak in 2005. The competition was keener and keener after the liberalization of rate at the third stage in 2009, which is quite similar to the situation in Japan. This study researched the previous case of M&A in Japanese insurance market and the case of recent 10 years in Taiwan. Considering the current situation of property insurance industry, this research discussed the future trend of our property insurance market and our situation of M&A which also similarly emerged in Japanese insurance market inevitably; meanwhile, it discussed the synergies after M&A of property insurance companies and the future existing space and operating trend of the independent companies which were not belong to financial holding group and foreign insurance group. The future trend of our property insurance industry is to be the reference for the competent authority and the insurance industry.
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Pan, Pei-Jiun, and 潘姵君. "A study on the Determinants for Personal Accident Insurance of Non-Life Insurance Company." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/13744728848591576268.
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Chen, Chun-Lung, and 陳俊龍. "A Study of Non-Life Insurance Company Personal Accident Insurance on Financial Service Group." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/97723168398548449012.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士在職專班
104
The conduct of the market of financial industry is getting competitive. The dealers in the industry not only compete against the craft but face the minacity accompanied by dealers in other industries using cross-selling. The reason to establish Financial Holding Company (FHC) is to integrate financial, such as banks, insurances, securities. Fund can be allocated properly to holding subsidiaries so as to increase their advantages. The purposes of incorporating an FHC are to widen the range of services, to meet the customers’ needs and to offer the service for one-stop shopping.customers’ need and offer the service for one-stop shopping. Therefore, the FHC can reduce the total cost and increase the profit. The main content of this thesis includes： 1.A research in the external market as well as the internal challenges from competitors to provide product management and marketing strategies.competitions, products pricing, underwriting and claim practices. 2.A study in operating performance to evaluate the marketing strategy, and a comparison of risk management with life-insurance industry to assess the market potential.industry. 3.Cross-selling can not only make the products complementary, but make contact with customers more frequentcustomers more frequently. It also has positive effect on customer relationship management (CRM)
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Zhao, Liyan. "Estimating market values for non-publicly-traded U.S. life insurers." Thesis, 2005. http://hdl.handle.net/2152/2378.
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chen, Wen-Jung, and 陳文榮. "A Study of the Leadership Styles, Job Satisfaction, and Employee Loyalty in Non-Life Insurance Company - The Case of F Non-Life Insurance Company." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/urky2r.
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碩士國立暨南國際大學
管理學院經營管理碩士學位學程碩士在職專班
102
This study aims to investigate the relationship among leadership styles, job satisfaction, employee loyalty, and employee characteristics. Leadership styles was the independent variables, and employee loyalty was dependent variables, and job satisfaction as mediator for this study. A total of 250 questionnaires were distributed through purposive sampling procedure from F Non-Life Insurance Company. Descriptive statistics, Factor analysis, t-test, one-way ANOVA, and Multiple regression analysis were utilized to confirm supposition to this study. The research results shows as follows: (1) There would be a positive influence of leadership styles on job satisfaction. (2) There would be a positive influence of leadership styles on employee loyalty. (3) There would be a positive influence of job satisfaction on employee loyalty. (4) Job satisfaction is the mediator between leadership styles and employee loyalty. (5) Some employee characteristics were significant found within leadership styles, job satisfaction, and employee loyalty.
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Kao, Yang-Tang, and 高曜堂. "The Research of Capacity by Domestic Non Life-Insurance Company." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/2445z9.
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碩士銘傳大學
風險管理與保險學系碩士在職專班
95
The cycle of reinsurance market will influence the underwriting capacity of insurance companies. The underwriting capacity of non-life insurance industry in Taiwan is significantly impacted by oversea reinsurance market. Therefore, the determination of underwriting capacity is very important to Taiwan’s non-life insurance companies. This study examines the determination of underwriting capacity for Taiwan’s non-life insurance companies. By use of risk theory, some results are as follows： Firstly, the total underwriting capacity of the 14 non-life insurance industry in Taiwan rose from NT$84.8 billion in 1996 to NT$114.2 billion in 2005, a growth of NT$29.4 billion over the ten years period. Secondly, From statistics for the year 2005, the total premium underwritten by the 14 non-life insurance industry in Taiwan can grow a further 170.52%, in excess of the risk of any company running into insolvency. Thirdly, Prudent management of underwriting premium can raise the self-retention capacity of an insurer and this coupled with proper management of business capital will further increase its underwriting capacity. Finally, prudent management of loss ratio will lead to an increase in underwriting capacity.
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Yu, Ching-Wen, and 于靜文. "A Study on Reinsurance Performance Indicators in Non-Life Insurance." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/96349991244766796711.
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碩士淡江大學
保險學系保險經營碩士班
103
For property-liability insurers, reinsurance plays an important role in operating insurance business and is a great hedging cost for insurance companies. Property-liability insurers in Taiwan, generally speaking, have high reinsurance dependence due to the limited capacity. Striking a balance between reinsurance premium and premium retained is crucial in terms of industry management; however, most property-liability insurers in Taiwan do not have an appropriate performance appraisal for reinsurance. A particular emphasis on setting the reinsurance performance indicators helps reinsurance departments with their operation as well as the work efficiency raising. Thus, the aim of this study is to establish appropriate reinsurance performance indicators. This thesis presented the basic theory of reinsurance utilizing Inductive Approach initially. Then based on the factors of reinsurance profile, two classifications, reinsurance ceded and reinsurance assumed, could be made. In order to reach a more objective performance evaluation on reinsurance, a sixteen and fifteen performance indicators were proposed to evaluate reinsurance ceded and reinsurance assumed respectively. Also case study methodology was utilized to analyze reinsurance performance on five companies in the industry. The result suggested property and liability insurance companies shall evaluate reinsurance performance based on actual data in order to acknowledge pros and cons of the activity.
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Mei-Hsien, Lu, and 盧美憲. "The Financial Performance of Non-Life Insurance Companies in Taiwan." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/88026964726516305845.
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碩士淡江大學
保險學系保險經營碩士班
104
This paper adopted data envelopment analysis (DEA) and the Malmquist productivity index to evaluate the financial efficiency of 17 non-life insurance companies in Taiwan for the period 2008 to 2014. In addition, this paper used the Tobit regression method to examine the factors that may influence the financial efficiency of non-life insurance companies. Finally, based on the empirical results of financial efficiency and a management decision matrix, the assessment of the competitive strategy was provided for 17 non-life insurance companies of Taiwan. The results revealed that financial efficiency can be explained by Leverage, Market share, Date established and Group. Both Leverage and Data established have a negative relationship with efficiency value; Market share and Group have a positive relationship with efficiency value. We also find five non-life insurance companies have higher efficiency of financial performance than other companies in 2014, and their total productivity are better than other companies for the period 2008 to 2014.
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Chen, Hui-Lung, and 陳惠隆. "A Study of Sliding Scale Plan on Non-Life Insurance." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/82794529360283276865.
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碩士淡江大學
保險學系保險經營碩士班
96
The rapid expansion of the current insurance management sector, as well as its transformation toward globalization and deregulation, have led to higher demand for various insurance premium and product types. The manual rate used nowadays is no longer suitable to cope with such change. However, the level of insurance premium rate is highly associated with the expansion of insurance business, and the insurance preferential strategies have become the underlying incentive for consumer to insure. The sliding scale not only possesses the benefits for many preferential discount functions, but also coordinates with the implementation of insurance rate liberalization. How would the insurance sector make up their best preferential ratings in order to attract consumers so as to enhance the insurance occupancy rate, stabilize business management, and do no harm to insurance insolvency ability. The topic is worth to research and analyze thoroughly. The main technique used in this research paper is the literature induction technique. By analyzing the underlying meaning of sliding rate, its fundamental theoretical base, the purpose of usage, the ways and elements determining ratio setting, the essence is elaborated and presented in the thesis paper. Next, the feasibility and improvement of the current utilization and improper aspects are proposed; Finally, the sliding rate of developed countries are brought into comparison and are discussed in the hopes of achieving a fair competition among property insurance companies in Taiwan in terms of protecting social rights and welfares.
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Liu, Lian-Tai, and 劉良泰. "Non-asset Cash Flow Scenario Analysis of Life Insurance Company." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/83136147696474636180.
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碩士東吳大學
商用數學系
95
From 2003, the actuary system was implemented in Taiwan, so the actuaries were required to submit the authority the actuarial reports about the appraisal of premium rates, the computation of reserve, the allocation of policy dividends, the evaluation of investment decisions, the evaluation of liquidation ability, and other issued required by the authority. Actuaries should do the testing of reserve adequacy under different economic scenarios. According to the person insurance business visa calculation personnel practice processing principle, there are three stages in the testing of reserve adequacy. In the first stage starting from 2003 to 2005, the reserve adequacy is evaluated based on the total insurance premium appraisal and the interest rates used in the evaluation could be the average rate of reserve (0%,-1%,-2%,-3%,-4%) and best estimate. In the second stage starting from 2006 to 2009, actuaries should use the cash flow testing and interest rates could be based on asset model or non-asset model (non-stochastic). In the stage staring 2010, the interest rate is based on asset model (stochastic). In order to fulfill the requirements in the second stage, we design a testing model named “Non-asset cash flow scenario analysis of life insurance companies” under the Excel interface. By the adoption of insurance finance and actuarial theory and the application of simulated interest rates scenarios, we want to construct a stochastic financial analysis module which combines theories and applications. In the model, we use the non-asset model to simulate the cash flows of assets and the regular danger, the lifelong life and death gathers the danger to simulate the cash flows of liabilities. By combination of assets and liabilities, we can simulate the operating results of the future twenty years and we do the testing by using seven non-stochastic scenarios to help people understand the overall cash flows of life insurance companies under bearing various macroeconomic risks. If the reserve is not adequate, the calculation of additional funding of reserve should be carried out. We demonstrate the application of the model by using individual case and we want prove the reasonableness and usefulness of the model. Finally, we submit our opinions about the model and look forward future researches to establish a complete stochastic financial analysis model by using programming language.
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Hou, Ya-Ching, and 侯雅瀞. "A Study of Deductible Clause Apply to Non-Life Insurance." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/87819496149846366698.
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碩士淡江大學
保險學系保險經營碩士班
100
The deductible clause is derived from the risk of retention, means the insurer can’t or will not voluntarily transferred to the insurer''s part.Setting the deductible in policy, the insurer will pay only that the amount of loss, damage or expense in excess of the “deductible” up to the applicable limit of insurance.Therefore, the deductible is generally regarded as the plan to reduce moral hazard. Now deductible clause has been widely used in property insurance. However, although a wide variety of types of deductible, but commonly used in Taiwan has long been still limited to specific types of deductible, and it should to be tested whether the deductible is appropriate for insurance products. Therefore, this study aimed to explore the deductible apply to property insurance, and organize the deductible clause in America, England and Japan. Hope insurer to design a variety of deductible policy to provide consumers with multiple options, then make insurer and insured efficiency and contribute to the overall social resources. The study includes the theories of deductible. In addition, there is also including the actuarial, in the case of a deductible, a study of pricing the premium rate. The study ends in conclusions and suggestions to put forward issues, to serve the insurance industry for future reference and related personnel.
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CHEN, HSIN-WEI, and 陳欣媺. "A Study on the Marketing of Automobile Insurance Networking in Taiwan’s Non-Life Insurance Industry." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/5ydx4g.
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碩士銘傳大學
風險管理與保險學系碩士在職專班
107
Automobile insurance plays a pivotal role in the property insurance market. Therefore, all property and casualty insurance companies pay attention to auto insurance marketing to obtain auto insurance business, so as to maintain a position in the property insurance market. However, with the change of consumption patterns and the popularity of the Internet, the use of the Internet as a sales channel has become a normal trend in various commercial marketing channels. Consumers only need to go through the Internet, whenever and wherever. The ground can meet the needs of online consumption. Therefore, the huge business opportunities created by the Internet are not only a battleground for various industries, but also a trend for the future development of the insurance industry. Although the insurance industry has generally used online insurance to assist in the operation of the business, it is still in the development stage and there is still more room for growth. Therefore, this study will study and make recommendations on the current practice of auto insurance network marketing in the insurance industry, in order to gain the advantage of the insurance industry in the field of auto insurance network marketing and increase market share. According to the current status of auto insurance network marketing in the insurance industry, it is necessary to explore how the future insurance industry should use online marketing to create a bigger niche. Therefore, this study will use the 4P theory of marketing strategy to analyze the net insurance income of Fubang Property Insurance, Xin'an Tokyo Maritime Property Insurance, and Mingtai Property Insurance, which can be listed in the top three consecutive years and account for all 15 companies. The total performance of 70% of the performance, I hope to explore whether there are suggestions for progress can be provided to M company for reference. In response to the future trend and development of online marketing, and put forward some suggestions for the current difficulties faced by Taiwan's property insurance industry in online marketing. In fact, for the property and casualty insurance industry, online insurance is only one of the marketing channels, and the most savvy in car insurance is the price war. Moreover, price concessions or discounts have always been the most indicative determinant of popular online shopping. Therefore, whether it is the commission expense of the channel or the customer's premium discount, the ultimate damage is the profit of the operator and the rights of the policyholder. Therefore, in addition to allowing the industry to actively invest, the loosening of government decrees and the combination of insurance technology will be a tool to promote online insurance. The insurance authorities will actively promote the "insurance information center" will be the insurance industry's innovation, breakthrough and service enhancement, let the development of insurance technology, let the insurance industry's quality of policyholders, not affected by time and space, use the sea memory confidant The end of the world, if you are next to the chest, save the core value of insurance - stability.
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Tsao, Wei-Hu, and 曹維琥. "A Study on the China Insurance Market Entry Mode for Taiwan Non-life Insurance Industry." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/89n2yj.
Full textAbstract:
碩士淡江大學
保險學系保險經營碩士在職專班
106
The non-life insurance market in Taiwan has gradually grown closer to saturation in the past ten years. The growth of Taiwan non-life insurance market is limited by the factors such as economic growth and market competition, and the overall market growth is slow. Overseas layout becomes the main consideration for expanding business and international outlook. It coincided with the recovery of the insurance industry in mainland China for nearly 40 years, and gradually deregulated the entry of foreign insurance industry. Under the gradual perfection of the national legal system and policy environment, it provided an opportunity for foreign insurance companies to enter the mainland market. The same language and culture between Taiwan and China are superior conditions for Taiwan industries entering China market than other country’s industries. This study mainly explores the various entry models for Taiwan non-life insurance companies entering into the Mainland China insurance market. These entry modes include sole proprietorship, joint venture, joint-stock shareholder, establishing insurance intermediary or non-insurance institution, and the non-life insurance companies of Taiwan will select the appropriate mode according to their qualifications and conditions.