A Comparative Analysis of U.S. Property and Casualty Reinsurers and Insurers

Cole, Cassandra R., McCullough, Kathleen A., Risk Management and Insurance Review

ABSTRACT

In empirical research related to the property-casualty insurance industry, studies commonly focus on either insurers or reinsurers. However, in many cases, the definition used to make the distinction between the two groups is often not clearly defined and/or the definition varies across studies. This variation could result in a substantiaUy different group of firms being included or excluded from the study, thereby affecting the empirical results obtained. This study builds upon Chen and Hamwi, who compare the performance of U.S. insurers and reinsurers. The objective of the study is fourfold: (1) to compare the definitions of insurer and reinsurer commonly used in prior …

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Publication information: Article title: A Comparative Analysis of U.S. Property and Casualty Reinsurers and Insurers. Contributors: Cole, Cassandra R. - Author, McCullough, Kathleen A. - Author. Journal title: Risk Management and Insurance Review. Volume: 11. Issue: 1 Publication date: Spring 2008. Page number: 179+. © American Risk and Insurance Association, Inc. Fall 2008. Provided by ProQuest LLC. All Rights Reserved.

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