The purpose of this paper is both to report on a new methodology in the field of automatic classification, and to discuss the need of these many techniques which are referred to as factor analysis.

By examining the distribution of the total net premiums written by the 100 largest reinsurance companies in the world, this paper documents two dimensions of the change in market concentration: the trend in concentration in the world's largest companies, and the relative position of these...

The purpose of this paper is to review and summarise the papers published in The Geneva Risk and Insurance Review in 2011. Asymmetric information and the performance of insurance markets are important issues that are regularly discussed in the review, but this volume also illustrates...

The Geneva Association and European Group of Risk and Insurance Economists, through publications like The Geneva Risk and Insurance Review, serve as a catalyst for progress in the understanding of risk and insurance matters. The purpose of this paper is to review and summarise some of the papers...

The purpose of this paper is to review and summarise the papers published in The Geneva Risk and Insurance Review in 2010. Historical reference to Willet and Knight is emphasised to illustrate the importance of risk and uncertainty in our modern economies and how it is still the starting point...

Purpose – This article aims to examine the existence of an underwriting cycle in property-liability insurance for France, Germany and Switzerland (primary markets) and for the European reinsurance industry. It is also aimed to test how the two markets are related with each other in each...

In this paper we take a look at the empirical relationship between the level of financial development and socio-economic variables reflecting different levels of development in the light of the recent literature on the role of human capital in economic development. The empirical results, based...

Cross section regressions are used to evaluate the extent of economies of scale in the property-liability insurance industry prior to 1978 and to explain the increased number of mergers between 1978 and 1981 in the Quebec market. The second and third section of this paper discusses the...

This article has two objectives. The first is the documentation of the relative importance of the largest insurance or reinsurance companies in the world and changes that may have occurred in the past 15 years. The second objective is to identify some of the factors that may explain the...

The objective is to examine the determinants of the relationship between insurance growth and economic development. This paper contributes to this body of research by providing an extensive literature review of empirical studies that have looked at both sides of the relationship, i.e. the demand...