Adams, Mike; Hardwick, Philip - In: Journal of Business Finance & Accounting 30 (2003-06) 5-6, pp. 891-904
This study uses 1991-99 data gathered from the United Kingdom's life insurance industry to test empirically the notion that the reported annual surplus of a life insurer may be influenced by four firm-specific characteristics: namely, reinsurance, output mix, organizational form and firm size....