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This dissertation consists of four essays on insurance economies. It aims to answer questions in the fields of … insurance transactions (Essays I and IV) as well as insurance operations and strategies (Essays II and III). These questions are … relevant both to the insurance academic community and to the insurance industry. The methodologies explored in the dissertation …
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the insurance industry, a topic of great interest in the academic literature during the last several years. In the first … step, we review 87 studies and put them into a joint evalu-ation of efficiency measurement in the field of insurance. In … technical and cost efficiency growth in international insurance markets from 2002 to 2006, with large differences across …
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We estimate economies of scale and scope as well as cost efficiency to explain the structure of the global reinsurance market, where large reinsurers dominate, but both diversified and specialized reinsurers play important roles. The costs and benefits of size and product diversification play...
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