Many articles relating to the issue of pension reforms are devoted to the pension systems in Western countries. Very few papers address this issue in the context of Asian countries, especially developing ones. The main purpose of this article is to evaluate the current and future pension...

Given the upward trend in incidences of road traffic accidents (RTAs) over recent years, in order to mitigate the financial losses arising from such accidents, governments around the world nowadays generally encourage, or even require, drivers to purchase appropriate vehicle insurance. The...

This paper aims to investigate the profitability of two-day candlestick patterns by buying on bullish (bearish) patterns and holding until bearish (bullish) patterns occur. Our data set includes daily opening, high, low, and closing prices of component stocks in the Taiwan Top 50 Tracker Fund...

Based upon a sample of Lloyd’s syndicates covering the years 2006–2010, we examine the determinants of (i) the likelihood of being rated and (ii) the rating that is likely to be assigned by Standard and Poor’s, from which we document evidence of selectivity bias. Larger, more profitable...

This article examines panel data evidence to investigate the linkage between insurer performance proxied by investment yield and several economic and firm-specific factors in the United Kingdom life insurance industry. The empirical results indicate that investment yield is positively related...

This study analyses the extent and effects of macroeconomic and firm-specific factors on insurer liquidity in the context of UK life companies with panel data for the period 1985 to 2002. Ordinary least squares regressions, static and dynamic panel data models are estimated. Econometric tests...

Although dynamic financial analysis (DFA) has gradually gained attention over the recent years, knowledge is scant about the practices in the insurance industry. The objective of this paper is to provide insights into the practices. The investigation is conducted via a field study in five U.K....

Unlike prior studies, we consider not only population ageing but also life expectancy as demographic variables that may explain the variations in health care expenditure. Cointegration techniques are employed to re-examine the effect of demographic changes on the Taiwan health care expenditure...

This paper examines the solvency determinants, including economic and firm-specific factors, in the United Kingdom life insurance market. Using panel data for 1986-1999, it is found that solvency was positively related to bonds-to-total assets, equities-to-total assets, and level of new...

This article reports the holdings of derivatives contracts in the UK general insurance industry and investigates the relationship between the usage and insurer organizational characteristics with panel data for the period 1994 to 2002. Overall it seems that the use of derivatives instruments in...