This paper identifies the risk and risk-adjusted return determinants of US insurers. We find that the significant firm-specific determinants for risk and risk-adjusted return vary slightly for the risk proxy and risk-adjusted return proxy used, and the types of insurers. We find that in general,...

Several proposals have surfaced recently that government develop and offer some sort of voluntary pension plan (VPP). This paper examines areas of public policy on pensions where changes should take place with or without the development of a VPP, including those that promote greater...