Tesis sobre el tema "Life insurance – Finance"
Crea una cita precisa en los estilos APA, MLA, Chicago, Harvard y otros
Consulte los 29 mejores tesis para su investigación sobre el tema "Life insurance – Finance".
Junto a cada fuente en la lista de referencias hay un botón "Agregar a la bibliografía". Pulsa este botón, y generaremos automáticamente la referencia bibliográfica para la obra elegida en el estilo de cita que necesites: APA, MLA, Harvard, Vancouver, Chicago, etc.
También puede descargar el texto completo de la publicación académica en formato pdf y leer en línea su resumen siempre que esté disponible en los metadatos.
Explore tesis sobre una amplia variedad de disciplinas y organice su bibliografía correctamente.
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.
Texto completoMulenga, Ben. "Determinants of life insurance consumption: Evidence from Zambia". Master's thesis, Faculty of Commerce, 2021. http://hdl.handle.net/11427/32877.
Texto completoKlopfenstein, Ashley. "Investment Income in Life Insurance". Marietta College Honors Theses / OhioLINK, 2020. http://rave.ohiolink.edu/etdc/view?acc_num=marhonors1588419641715527.
Texto completoWang, Jane. "Consumer behavior of life insurance : the case of Shanghai". Thesis, University of Macau, 1999. http://umaclib3.umac.mo/record=b1636263.
Texto completoZhang, Yanqing. "Reinsurance counterparty analysis in life insurance industry: the impact on firm performance/mergers and acquisitions in global insurance industry". Diss., Temple University Libraries, 2016. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/405398.
Texto completoPh.D.
The first part of the dissertation aims to determine whether and how variances in reinsurance relationships impact insurers' financial performance during the sample period of 2002-2012. Such impact on insurers' financial performance is measured by accounting measurements of ROA and ROE and by the efficiency scores (cost, revenue, and profit) estimated using data envelopment analysis (DEA). This essay analyzes how the usage of captive reinsurance affects life insurers’ firm performance using multivariate regression model. Results show that firm performance is negatively related to captive reinsurance arrangements. The second essay analyzes the value effects of mergers and acquisitions (M&As) in the global insurance industry by conducting an event study of M&A transactions that occurred during the period of 1990-2014, including two M&A waves before the financial crisis and the M&A activities after it. Our results show that (1) M&As are value-enhancing for both acquirers and targets over the whole sample period; (2) for acquirers, within-border transactions are more likely to be value-enhancing, while for targets, both cross-border and within-border transactions are value-enhancing; and (3) for acquirers, the cross-industry M&As are more likely to be value-enhancing, while for targets both cross- and within- border M&As are value-enhancing.
Temple University--Theses
Suchanecki, Michael. "The pricing and hedging of barrier options and their applications in finance and life insurance /". [S.l. : s.n.], 2008. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=016517756&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.
Texto completoPussayanavin, Sirus. "Complementarity between generic organizational configuration and functional capabilities in the explanation of performance : a fuzzy set analysis of the Thai non-life insurance industry". Thesis, University of Warwick, 2013. http://wrap.warwick.ac.uk/63501/.
Texto completoBeukes, Nicky. "Analysing the various approaches to the determination of economic capital by South African life insurers". Thesis, Stellenbosch : Stellenbosch University, 2008. http://hdl.handle.net/10019.1/6414.
Texto completoENGLISH ABSTRACT: There are conflicting aims among the various stakeholders of a business. Shareholders wish to maximise their return on capital, whereas debt holders and customers wish to minimise the risk to capital. This conflict has led to the emergence of economic capital. Financial services companies, such as insurers, manage risk on behalf of their customers and at the same time make profits for the shareholders of the business. A company that employs economic capital analysis will strike a balance between too much capital, which can lead to an excessive cost of insurance, or not enough capital, which can lead to an unacceptable risk of insolvency. Sound financial management is required to manage the capital resources of the business. The aim on the part of management is to calculate an economic capital requirement for the business that can absorb any financial shocks or losses and provide the flexibility needed to continue with day·to·day operations. The issue is therefore whether to assess the amount of capital required based on a statutory view of solvency, or an "economic" (fair value) view of solvency. The statutory view of solvency is the capital adequacy requirement (CAR) as described by the Financial Services Board (FSB). CAR provides the insurer with an approximately 95% confidence in its ability to meet its obligations as they fall. More companies are moving towards an economic capital approach when assessing capital requirements. There is also much uncertainty around the calculation of economic capital. Apart from guidance note 104 of the Actuarial Society of South Africa that stipulates how CAR should be calculated for insurers, no single approach exists for the calculation of economic capital. Calculation methods are still emerging and companies have started to develop their own internal models to calculate economic capital. Rating agencies such as Fitch have introduced their own models with the objective of reviewing insurers' internal models. Various techniques have developed over the last few years to asses a company's capital requirements. Factors such as company size, resources and complexity of the insurer influence the use of deterministic or leading edge actuarial techniques to calculate capital requirements. Stochastic modelling, risk neutral and real world techniques are examples of sophisticated methods. Another element to consider in the calculation of economic capital is the understanding, modelling and quantification of financial and business risks. Capital adequacy requirement, CAR cover and excess of assets over liabilities were analysed for five South African insurers. The analysis illustrated that the relationship between CAR and excess is different for each insurer. This trend can be attributed to the unique risk profile of the business, the nature of the organisation's products and the maturity of risk management practices. The analysis also indicated that in the case of all the five insurers, the growth in excess over the period 2003-2007 exceeded the growth in CAR for the same period. This scenario could be the result of management actions, such as risk diversification and sophistication of capital modeling. It is clear that economic capital is of primary concern to insurance executives, shareholders and regulators.
AFRIKAANSE OPSOMMING: Die verskillende belanghebbendes in 'n onderneming het teenstrydige doelwitte. Aandeelhouers wil hulle kapitaalopbrengs vergroot terwyl skuldaktehouers en klante die kapitaalrisiko wil verminder. Hierdie konflik het gelei tot die ontstaan van ekonomiese kapitaal. Finansiele dienstemaatskappye, soos versekeraars, bestuur risiko namens hulle kliente en verdien terselfdertyd wins vir die aandeelhouers van die onderneming. 'n Maatskappy wat van ekonomiese kapitaalanalise gebruik maak, sal die regte balans vind tussen te veel kapitaal, wat tot buitensporige versekeringskoste kan lei, en te min kapitaal, wat tot 'n onaanvaarbare risiko van bankrotskap kan lei. Gesonde finansiele bestuur is nodig om die onderneming se kapitaalmiddele te bestuur. Die bestuurders se doel is om 'n ekonomiese kapitaalvereiste vir die onderneming vas te stel wat enige finansiele skokke of verliese kan absorbeer en wat die buigsaamheid wat nodig is om die daaglikse werksaamhede voort te sit, kan voorsien. Die vraag is dus of die hoeveelheid kapitaal wat nodig is, bepaal moet word op grond van 'n statutere beskouing van solvensie of 'n "ekonomiese" (billike waarde) beskouing van solvensie. Die statutere beskouing van solvensie is die kapitaaltoereikendheidsvereiste (KTV) soos beskryf deur die Raad op Finansiele Dienste (RFD). KTV voorsien die versekeraar van 'n vertroue van ongeveer 95% in sy vermoe om sy verpligtinge na te kom soos wat hulle betaalbaar word. Meer maatskappye neig na 'n ekonomiese kapitaalbenadering wanneer hulle hulle kapitaalbehoeftes bepaal. Daar bestaan ook baie onsekerheid oor die berekening van ekonomiese kapitaal. Behalwe riglyn 104 van die Aktuariele Vereniging van Suid-Afrika wat bepaal hoe KlV vir versekeraars bereken moet word, is daar geen enkele benadering vir die berekening van ekonomiese kapitaal nie. Nuwe berekeningsmetodes kom steeds te voorskyn en maatskappye het begin om hulle eie interne modelle om ekonomiese kapitaal te bereken, te ontwikkel. Graderingsagentskappe soos Fitch het hulle eie modelle ingestel met die doel om versekeraars se interne modelle te beoordeel. Verskeie tegnieke om 'n maatskappy se kapitaalbehoeftes vas te stel, is oor die afgelope paar jaar ontwikkel. Faktore soos maatskappygrootte, hulpbronne en saamgesteldheid van die versekeraar belnvloed die gebruik van deterministiese of ultramoderne aktuariele tegnieke om kapitaalbehoeftes te bereken. Stogastiese modellering, risikoneutrale- en reelewereldtegnieke is voorbeelde van gesofistikeerde metodes. Nog 'n beginsel om in gedagte te hou in die berekening van ekonomiese kapitaal is die verstaan, modellering en kwantifisering van finansiele en sakerisiko's. Kapitaaltoereikendheidsvereiste-dekking en oorskryding van bates oor aanspreeklikheid van vyf Suid-Afrikaanse versekeraars is ontleed. Die ontleding het geillustreer dat die verhouding tussen KTV en oorskryding vir elke versekeraar anders is. Hierdie neiging kan toegeskryf word aan die unieke risikoprofiel van die onderneming, die aard van die onderneming se produkte en die effektiwiteit van risikobestuurspraktyke. Die ontleding het ook aangedui dat die toename in die oorskryding gedurende die tydperk 2003-2007 in die geval van al vyf die versekeraars meer was as die toename in KTV gedurende dieselfde tydperk. Hierdie scenario kan die gevolg wees van bestuursaksies soos risikodiversifikasie en verfyning van kapitaalmodellering. Dit is duidelik dat ekonomiese kapitaal van pnmere belang is vir versekeringsbestuursbeamptes, -aandeelhouers en -reguleerders.
Guedes, Guilherme José Ribeiro. "Os efeitos da crise financeira na procura de seguros e perfis dos segurados". Master's thesis, Instituto Superior de Economia e Gestão, 2013. http://hdl.handle.net/10400.5/6392.
Texto completoA presente investigação examina os efeitos da recente crise financeira no comportamento individual na procura de seguros e perfis dos segurados (seguros do ramo vida). A investigação empírica é baseada em dados do Survey of Health Ageing and Retirement in Europe (SHARE), wave 2 (2007) e wave 4 (2010). O SHARE destina-se a indivíduos com idade igual ou superior a 50 anos, pelo que apenas foram considerados na presente investigação inquiridos entre os 50 e 86 anos. Foram definidas três amostras: (i) países comuns em ambas as waves (conjunto de 12 países); (ii) novos países estudados na wave 4 (incluindo Portugal); (iii) e mesmo indivíduo inquirido em ambas as waves. As diferentes especificações foram testadas através de modelos Probit, adotando como variável dependente a posse de seguros de vida. Foram ainda estudados dois tipos de seguros de vida que são analisados de forma autónoma pela literatura: term life e whole life. Os resultados obtidos sugerem a existência de alterações comportamentais, após a crise, a nível da procura individual de seguros de vida, pois características como o género, a aversão ao risco financeiro e a situação face ao emprego, ganham importância. Por sua vez, fatores como a existência de filhos e o estado civil perdem relevo. O estudo das categorias de seguro term life e whole life revelou ser uma mais-valia, pois verificam-se distinções no comportamento dos indivíduos que procuram especificamente cada um dos dois tipos. Entre os fatores estudados na procura de seguros de vida destacaram-se: a riqueza real e financeira, a educação e a aversão ao risco financeiro. Variáveis como a idade e o endividamento associado à habitação também se revelaram igualmente importantes, mas essa importância resulta com forte probabilidade de fatores associados à oferta.
This research investigates the effects of the recent financial crisis on individual demand for life insurance. The empirical research is based on Survey of Health Ageing and Retirement in Europe (SHARE), wave 2 (2007) and wave 4 (2010). The SHARE includes for individuals aged equal or higher than 50 years, in the present study the age group considered is 50-86 years. Three samples were defined: (i) countries common in both waves (12 countries); (ii) wave 4 first time SHARE countries (including Portugal); (iii) and panel data with the same individual observed at both waves. The different specifications were tested using Probit models, adopting as the dependent variable having or not life insurance. Two types of life insurance are analyzed independently by literature: term life and whole life. The results suggest the existence of behavioural changes, after crisis, in terms of individual demand for life insurance because characteristics such as gender, aversion to financial risk and employment status gain importance. Meanwhile, factors such as existence of children and marital status lose importance. The study of term life and whole life insurance proved to be an added value to the research because there are distinctions in the behavior of individuals demanding specifically each one of these two insurance types. Among the studied predictors of individual life insurance the more relevant are: real and financial wealth, education and aversion to financial risk. Variables like age and house debt also proved equally important, but this importance have strong probability of being associated with supply factors.
Li, Xin. "Strategic Roles of Inactive Institutional Investors". University of Cincinnati / OhioLINK, 2021. http://rave.ohiolink.edu/etdc/view?acc_num=ucin1627667913738102.
Texto completoVan, Niekerk Elsa. "Investing in a low inflation environment". Thesis, Stellenbosch : Stellenbosch University, 2007. http://hdl.handle.net/10019.1/21387.
Texto completoAFRIKAANSE OPSOMMING: In Februarie 2000 het die Minister van Finansies aangekondig dat die regering besluit het om 'n inflasie teiken van 3 tot 6 persent vir 2002 daar te stel en het dus 'n beleid om 'n bepaalde inflasiekoers na te streef, aangeneem. 'n Eksplisiete lae inflasiekoersteiken is gestel as deel van die regering se ekonomiese beleid. Dit is 'n aanvaarde aanname dat hierdie teikenkoers vir die afsienbare toekoms sal geld. Veranderinge in die inflasiekoers, ongeag of dit na hoer of laer vlakke beweeg, het 'n invloed op hoe bateklasse reageer. Dit is dus belangrik dat beleggers die dinamika van inflasie verstaan en hoe dit beleggingsopbrengste bernvloed. Dit sal hulle help om deurdagte beleggingsbesluite te neem en om realistiese verwagtinge van be leggings - en polisopbrengste te he. Vir verskaffers van beleggingsprodukte in Suid-Afrika, veral die lewensversekeringsindustrie, is daar twee beduidende uitdagings in die huidige omgewing van lae rentekoerse en lae inflasie: om 'n winsgewende kontantvloei te genereer en om aan kliente se verwagtinge te valdoen. Volgens kliente is daar in die onlangse verlede nie aan hul verwagtinge valdoen nie, aangesien il1lustratiewe uitkeerwaardes wat gekwoteer is toe die polis uitgeneem is, nie geldig is in die huidige lae-inflasie omgewing nie. Kliente is ook teleurgesteld met huidige nomina Ie opbrengste wat laer is wat voorheen bereik is. Alhoewe[ dit algemeen aanvaar word dat 'n lae en stabiele inflasiekoers 'n voorvereiste is vir volhoubare ekonomiese groei en vooruitgang. verander dit die beleggingsomgewing vir private beleggers, verskaffers van beleggingsprodukte en beheerliggame. Hierdie verslag ondersoek die impak van lae inflasie op beleggingsopbrengste asook die implikasie daarvan vir beleggers, beleggingsproduk-verskaffers en beheerliggame in die finansiele dienstesektor in Suid-Afrika.
Jakes, Lyndabelle. "Success Strategies of Small Business Owners". ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/4967.
Texto completoDutang, Christophe. "Etude des marchés d'assurance non-vie à l'aide d'équilibre de Nash et de modèle de risques avec dépendance". Phd thesis, Université Claude Bernard - Lyon I, 2012. http://tel.archives-ouvertes.fr/tel-00703797.
Texto completoNam, Youngwon. "Three Essays on Behaviors related to Life Insurance Holdings and Financial Capability". The Ohio State University, 2020. http://rave.ohiolink.edu/etdc/view?acc_num=osu158516471207651.
Texto completoKamega, Aymric. "Outils théoriques et opérationnels adaptés au contexte de l'assurance vie en Afrique subsaharienne francophone - Analyse et mesure des risques liés à la mortalité". Phd thesis, Université Claude Bernard - Lyon I, 2011. http://tel.archives-ouvertes.fr/tel-00654549.
Texto completoJori, Mar. "Life Settlements y Viaticals". Doctoral thesis, Universitat de Barcelona, 2013. http://hdl.handle.net/10803/132000.
Texto completoThis thesis focuses on a new market where the policyholder can sell his life insurance policy by hiring two kinds of contracts: a Viatical if the insured is a terminally ill person or a Life Settlement if he is impaired. A first study concerns the optimal decision rules for a policyholder who wants to sell his life insurance policy. We present two economic models, the first model is focused on Viaticals and is treated in discrete setting, the second model is focused on Life Settlements and should be treated in continuous time. In both models a terminally ill/impaired policyholder has to decide whether or not to sell his life insurance policy in the secondary market and in case of selling it when it is optimally better to do it. A second study concerns the risks assumed by the investor in Viaticals or Life Settlements. The main risk is the longevity risk. We propose a measure to value this risk called modified life extension duration. This measure determines the loss in the Life Settlement/Viatical value because of an increase of the life expectancy of the insured.
Mouti, Saad. "Le management du risque pour les compagnies d'assurance : une approche marchés financiers". Thesis, Paris 6, 2017. http://www.theses.fr/2017PA066744.
Texto completoThis thesis tackles several aspects of financial risks encountered in the life insurance industry and particularly in a class of the products insurers offer; namely variable annuities and unit-linked products. It consists of three distinct topics and is split into six chapter that can be read independently.In variable annuities (VAs), policyholders’ behavior is a major risk for the insurer that affects life insurance industry in almost every aspect. The first two chapters of this first part deal with policyholders’ optimal policyholder for two VAs products. We address the rational lapse behavior in the guaranteed minimum account benefit (GMAB), and optimal withdrawals in the guaranteed minimum income benefit (GMIB). The third chapter is dedicated to a class of unit-linked products from a managing and hedging point of view. The second topic consists of one chapter and addresses the optimal execution of a large book of options. Typically, life insurance products are partially hedged using vanilla options. We consider the case where trades are affected by the traded quantity, and seek to find an optimal strategy that minimizes the expected cost and the mean-variance criterion.Finally, in the last topic we study the volatility process using two different proxies. First, range based estimators that rely on the asset price range data allow us to double-check that volatility is a rough process in the sense that it has a scaling parameter H less than 1/2. Then, using short time-to-maturity implied volatility, and a refined version of it, allows us to confirm that the rough aspect of volatility is universal along different proxies
Mošovská, Veronika. "Analýza vybraných spořících a investičních produktů na finančním trhu v ČR z pohledu domácností". Master's thesis, Vysoká škola ekonomická v Praze, 2009. http://www.nusl.cz/ntk/nusl-17192.
Texto completoSawadogo, Relwendé. "Essais sur les déterminants et les conséquences macroéconomiques du développement du secteur d’assurance dans les pays en développement". Thesis, Clermont-Ferrand 1, 2016. http://www.theses.fr/2016CLF10493/document.
Texto completoThis thesis is composed of a set of research in applied economics that enroll in the contemporary field of economics of insurance. The thesis analyses how developing countries could develop more the insurance sector and benefit from these effects on local economy. The first part explored the determinants of insurance development from a macroeconomic perspective. First, the results show that increase of income per capita leads to an increase in life insurance premiums and that life insurance is a luxury commodity in Sub-Saharan Africa (chapter 2). We also find evidence that the marginal impact of income varies according to the quality of legal and political environment. Second, analysis of effect of the FDI inflows shows that these are a key factor in increase of non-life insurance premiums in countries of Sub-Saharan Africa (SSA) and in other developing countries (chapter 3). In chapter 4, the results highlighted that the activities of life insurance and banking are substitutable in SSA and, however, there is presence of unidirectional causality running from real private credit density to life insurance and insurance density. The second part of the thesis has analysed effect of development of insurance sector on economy in developing countries. First, it appears that the development of life insurance has a positive effect on economic growth on the one hand and on the other hand marginal effect of life insurance is influenced by the structural characteristics of countries (chapter 5). In chapter 6, the results showed that the insurance premiums significantly increase stock market value traded, before as well and after the 2007's economic crisis. Finally, the thesis showed that there is a long term relationship between the development of non-life insurance and trade openness and that non-life insurance premiums improve openness to international trade as well in developing countries than specifically in low and middle income countries (chapter 7)
Cassagne, Clement. "Sensibilité des assureurs à l'environnement de taux d'intérêt bas : causes et conséquences sur l'assurance vie et la stabilité financière". Electronic Thesis or Diss., Toulon, 2021. http://www.theses.fr/2021TOUL2008.
Texto completoThis thesis is a contribution to the reflection on the implications of the prolonged period of low interest rates on life insurance and the consequences on financial stability induced by the investment behavior of firms in the sector. The first chapter is devoted to identifying the causes and assessing the consequences of the impact of the current interest rate environment on sector performance. Using econometric models, we observe that insurers engaged in traditional life insurance activities are, for the period following the global financial crisis, more sensitive to interest rate variations than their non-life counterparts The second chapter is dedicated to identifying the determinants and evidence of a potential reallocation of insurance investments to risky assets, which could help companies to stimulate declining financial strength. Using sectoral data from the SHS database, which we re-analyze by credit rating, we find that the increasing share of lower quality assets in the public bond stock of European insurers and pension funds is not mainly explained by an increase in risk taking but by rating downgrades. The third chapter focuses on examining the implications of the investment choices of insurance institutions, made in a constrained rate environment, on financial stability. Based on an econometric analysis, we find that the contribution to systemic risk of insurers, particularly those engaged in the provision of traditional life insurance, comes from the least remunerative asset classes. This result, a priori counter-intuitive, could possibly be explained by the difficulties of institutions subject to strict prudential constraints to seize non-bond investment opportunities that could relieve the financial pressure exerted by the prolonged period of low interest rates
Guambe, Calisto. "Optimal investment, consumption and life insurance in a Lévy market". Diss., 2015. http://hdl.handle.net/2263/50312.
Texto completoDissertation (MSc)--University of Pretoria, 2016.
Mathematics and Applied Mathematics
MSc
Unrestricted
Cheng, Ya Lin y 鄭雅苓. "The Study On Trust For Life Insurance Claim In Taiwan Finance Market". Thesis, 2004. http://ndltd.ncl.edu.tw/handle/94321715717246488949.
Texto completo淡江大學
保險學系保險經營碩士班
92
“Trust” is a property management system based on fiduciary relation for the benefits of others or himself. Trust allows people grant the right to trustee to transfer, manage, and take disciplinary action against his or her property. Because trust has great flexibility in its application and possessing functions, trust becomes one of the tools for personal financial management. “Life insurance” is a economic life stable system based on assure insurance beneficiary. The Life Claim Trust connects with function of life insurance and trust, that achieves the property disposition, the management, utilizes and protects the underage children basically to live. Because of the 921 earthquake and china airline, it shows more importance from life insurance claim enter account. Therefore the trust enterprise sets up this commodity also for the domestic new seed''s trust business one in progression, but the idea not yet popularizes, therefore also waits for the promotion. The main theme of this paper is first focused on discusses definition life insurance claim trust, again aims at the trust enterprise to promote contract of content analysis and the comparison the commodity, proposing enterprise is promoting with the consumer plans this commodity to be supposed the matters needing attention. Finally, it puts forward the proposal to the present life insurance claim trust operation.
"Three essays on insurance asset liability management". Thesis, 2008. http://library.cuhk.edu.hk/record=b6074654.
Texto completoThe purpose of this thesis is to try to provide solutions to three critical problems in insurance industry. (1) China is the most booming country for insurance at the moment. So, it is selected for discussing about the most difficult problem in modern finance---specialist problem. A structural approach is devised in this thesis to solve such problem. The solution can be generalized to all countries. (2) As many people argue about that modern finance is inapplicable to emerging market, such as China, especially when there are capital account and currency controls, the bond market of China is selected to provide evidence that modern finance is applicable to emerging market even both the capital account and the currency of the country are controlled by the government. (3) The last part of this thesis provides a breakthrough solution to price insurer default option, an embedded option, in insurance company using observable credit default swap price, as the traditional approach needs statistical assumption that is subjective.
Li, Wing Ping Desmond.
Adviser: Frank Youhua Chen.
Source: Dissertation Abstracts International, Volume: 70-06, Section: A, page: 2169.
Thesis (Ph.D.)--Chinese University of Hong Kong, 2008.
Includes bibliographical references (leaves 64-65).
Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [201-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Abstracts in English and Chinese.
School code: 1307.
Zhang, Aihua [Verfasser]. "Stochastic optimization in finance and life insurance : applications of the Martingale method / Aihua Zhang (Chang)". 2008. http://d-nb.info/989269663/34.
Texto completoMangenge, Takalani. "Financial analysis of the South African life insurance sector: an empirical decomposition of Economic Value Added". Thesis, 2015. http://hdl.handle.net/10539/18126.
Texto completoThe main purpose of the study is to determine which value drivers of economic value added (EVA) are most important. That is, what are the main determinants of the overall company value? The three main questions raised in the study are: (1) How sensitive is total EVA to changes in each of the various value drivers? (2) Which of the value drivers are more important in managing economic value? (3) Is there a combination of these value drivers that best explain EVA as a group? The study, which adopts the Stewart (1991) definition of EVA, covers the life insurance sector in South Africa, specifically focusing on the following companies: Discovery Holdings, Liberty Holdings, MMI Holdings, Old Mutual plc, and Sanlam Ltd. It covers the period 2004-2014 and uses variance analysis and principal component analysis to identify the main drivers of EVA. Five main drivers of EVA were identified namely; underwriting, asset management, costs, opportunity cost and strategic investments.
李俊熙. "The research of cross selling and synergy: A case of a domestic property Non-Life insurance company in Tainaa area, the subsidiary of a finance holding company". Thesis, 2018. http://ndltd.ncl.edu.tw/handle/v3v8c6.
Texto completo南臺科技大學
高階主管企管碩士班
106
Abstract Recently, domestic finance holding companies have started up one after another, competing and contending in the limited market of property insurance in Taiwan. Now, finance holding companies should maintain their long-term operating advantages and keep developing innovative strategies of marketing. Further, insurance services like one stop shopping should be provided to clients by using marketing channels, information of clients, business locations, physical facilities and business model. Property insurance companies which are subsidiaries of finance holding groups should make good use of the group resources to reach cross selling, increasing revenue, keeping cost down and further making maximum synergy and resource sharing. In this way, companies can obtain competitive advantages and create benefits. This research aims to analyze by referring to the business performance from 2012 to 2017 of a domestic property insurance company, including the data of performance and statistical trend of different channels and insurance categories. The purpose of the study is to investigate how the property insurance company, a subsidiary of a finance holding group, make use of group resources to achieve cross selling, and reach expected goal of synergy. Outcome of practice shows that cross selling makes a positive effect on increasing business performance. Keywords: finance holding, property insurance, cross selling, synergy
Ashofteh, Afshin. "Data Science for Finance: Targeted Learning from (Big) Data to Economic Stability and Financial Risk Management". Doctoral thesis, 2022. http://hdl.handle.net/10362/135620.
Texto completoThe modelling, measurement, and management of systemic financial stability remains a critical issue in most countries. Policymakers, regulators, and managers depend on complex models for financial stability and risk management. The models are compelled to be robust, realistic, and consistent with all relevant available data. This requires great data disclosure, which is deemed to have the highest quality standards. However, stressed situations, financial crises, and pandemics are the source of many new risks with new requirements such as new data sources and different models. This dissertation aims to show the data quality challenges of high-risk situations such as pandemics or economic crisis and it try to theorize the new machine learning models for predictive and longitudes time series models. In the first study (Chapter Two) we analyzed and compared the quality of official datasets available for COVID-19 as a best practice for a recent high-risk situation with dramatic effects on financial stability. We used comparative statistical analysis to evaluate the accuracy of data collection by a national (Chinese Center for Disease Control and Prevention) and two international (World Health Organization; European Centre for Disease Prevention and Control) organizations based on the value of systematic measurement errors. We combined excel files, text mining techniques, and manual data entries to extract the COVID-19 data from official reports and to generate an accurate profile for comparisons. The findings show noticeable and increasing measurement errors in the three datasets as the pandemic outbreak expanded and more countries contributed data for the official repositories, raising data comparability concerns and pointing to the need for better coordination and harmonized statistical methods. The study offers a COVID-19 combined dataset and dashboard with minimum systematic measurement errors and valuable insights into the potential problems in using databanks without carefully examining the metadata and additional documentation that describe the overall context of data. In the second study (Chapter Three) we discussed credit risk as the most significant source of risk in banking as one of the most important sectors of financial institutions. We proposed a new machine learning approach for online credit scoring which is enough conservative and robust for unstable and high-risk situations. This Chapter is aimed at the case of credit scoring in risk management and presents a novel method to be used for the default prediction of high-risk branches or customers. This study uses the Kruskal-Wallis non-parametric statistic to form a conservative credit-scoring model and to study its impact on modeling performance on the benefit of the credit provider. The findings show that the new credit scoring methodology represents a reasonable coefficient of determination and a very low false-negative rate. It is computationally less expensive with high accuracy with around 18% improvement in Recall/Sensitivity. Because of the recent perspective of continued credit/behavior scoring, our study suggests using this credit score for non-traditional data sources for online loan providers to allow them to study and reveal changes in client behavior over time and choose the reliable unbanked customers, based on their application data. This is the first study that develops an online non-parametric credit scoring system, which can reselect effective features automatically for continued credit evaluation and weigh them out by their level of contribution with a good diagnostic ability. In the third study (Chapter Four) we focus on the financial stability challenges faced by insurance companies and pension schemes when managing systematic (undiversifiable) mortality and longevity risk. For this purpose, we first developed a new ensemble learning strategy for panel time-series forecasting and studied its applications to tracking respiratory disease excess mortality during the COVID-19 pandemic. The layered learning approach is a solution related to ensemble learning to address a given predictive task by different predictive models when direct mapping from inputs to outputs is not accurate. We adopt a layered learning approach to an ensemble learning strategy to solve the predictive tasks with improved predictive performance and take advantage of multiple learning processes into an ensemble model. In this proposed strategy, the appropriate holdout for each model is specified individually. Additionally, the models in the ensemble are selected by a proposed selection approach to be combined dynamically based on their predictive performance. It provides a high-performance ensemble model to automatically cope with the different kinds of time series for each panel member. For the experimental section, we studied more than twelve thousand observations in a portfolio of 61-time series (countries) of reported respiratory disease deaths with monthly sampling frequency to show the amount of improvement in predictive performance. We then compare each country’s forecasts of respiratory disease deaths generated by our model with the corresponding COVID-19 deaths in 2020. The results of this large set of experiments show that the accuracy of the ensemble model is improved noticeably by using different holdouts for different contributed time series methods based on the proposed model selection method. These improved time series models provide us proper forecasting of respiratory disease deaths for each country, exhibiting high correlation (0.94) with Covid-19 deaths in 2020. In the fourth study (Chapter Five) we used the new ensemble learning approach for time series modeling, discussed in the previous Chapter, accompany by K-means clustering for forecasting life tables in COVID-19 times. Stochastic mortality modeling plays a critical role in public pension design, population and public health projections, and in the design, pricing, and risk management of life insurance contracts and longevity-linked securities. There is no general method to forecast the mortality rate applicable to all situations especially for unusual years such as the COVID-19 pandemic. In this Chapter, we investigate the feasibility of using an ensemble of traditional and machine learning time series methods to empower forecasts of age-specific mortality rates for groups of countries that share common longevity trends. We use Generalized Age-Period-Cohort stochastic mortality models to capture age and period effects, apply K-means clustering to time series to group countries following common longevity trends, and use ensemble learning to forecast life expectancy and annuity prices by age and sex. To calibrate models, we use data for 14 European countries from 1960 to 2018. The results show that the ensemble method presents the best robust results overall with minimum RMSE in the presence of structural changes in the shape of time series at the time of COVID-19. In this dissertation’s conclusions (Chapter Six), we provide more detailed insights about the overall contributions of this dissertation on the financial stability and risk management by data science, opportunities, limitations, and avenues for future research about the application of data science in finance and economy.
Kuei, Wen y 朱文魁. "An Investigation on the Factors of the Successful Training Program in the Life Insurance Industry: Based on the Financed Agents Program of N Company". Thesis, 2012. http://ndltd.ncl.edu.tw/handle/10325064079008989315.
Texto completo國立中山大學
高階經營碩士班
100
This study is to investigate the factors for successful training programs in the life insurance industry. From the aspects of curriculum design, instructors’ arrangements, and trainers’ self-evaluation on their efforts in the training program, this study analyzed the trained and on-schedule promoted trainers to understand how much the trainers identify with the program arrangements. This study further pointed out that, on the premise of the same instructors and curriculum, the trainees’ quality and how their supervisors do the mentoring determine if the training program will succeed. This study used the survey and randomly chose 180 trainees to be the research participants, with 143 valid responses. This study concludes some trainees’ and their supervisors’ qualities that tend to generate the training success. The qualities will be used as some referential indicators for recruitment and adjusting curriculum in the future.
Wang, Nieh-Meng y 王念孟. "Applying Structural Equation Modeling to Study the Influence of Leadership,Organizational Culture, Organizational Commitment, Organizational Learning,Knowledge Management, and the Organizational Performance -- An Empirical Study of Life Insurance Financ". Thesis, 2006. http://ndltd.ncl.edu.tw/handle/70483124299436338142.
Texto completo國立東華大學
企業管理學系
94
Abstract: This research bases on personality specialty and demography to create the cause-effect model of leadership, organizational culture, organizational commitment, organizational learning, knowledge management, and the organizational performance. Finally, through the application of structural equation modeling, probe into the leadership, organizational cultures, organizational commitment, organizational learning, knowledge management, and the organizational performance in real world. Through empirical example analysis, this research can get most of every variable, and understand the variable and variable existence relation and intensity of one. The result of this study is helpful life insurance finance industries factory according to different industries and companies to fond their own strategies. And the overall qualitative control and variables of leadership, organizational cultures, organizational commitment, organizational learning, knowledge management, and the organizational performance, can be the foundation of the relevant topic for other researchers.