This study examines the relationship between executive compensation of chief executive officers (CEOs) and firm performance in the insurance industry using a four-year sample from 1997 to 2000. In the first essay, the study makes use of single equation models to examine the effect of firm...

This paper presents a theoretical and empirical analysis of the capacity of the U.S. property-liability insurance industry to finance major catastrophic property losses. The topic is important because catastrophic events such as the Northridge earthquake and Hurricane Andrew have raised...