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Regulation of any market can either promote or impede its development, thus affecting social welfare. In this paper, we are concerned with the impact of regulation in microinsurance markets. We evaluate existing and potential regulatory mechanisms with regard to its underlying economic...
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relationship between the degree of internationalization and firm performance (I-P relationship). Considering the global insurance … internationalization. The life insurance industry's idiosyncrasies lead to relatively high liability of foreignness that compromise cost … globalization on life insurers' performance. However, the nonlife insurance industry's idiosyncrasies render this relationship …
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