Theoretical and Applied Economics
No. 4 / 2018 (617), Winter
The importance of efficiency for life insurer profit: A study of Canadian life insurance companies
Abstract. Only six studies, of more than two hundred and sixty observed concerning life insurance company (LIC) efficiency, truly examine how efficiency affects profits. Four show inefficiency greatly affects LIC (financial) outcome and survivorship. This clearly indicates that LIC efficiency is crucial to assess, significantly enhancing the ability to monitor LICs.
The six papers, not exploring profit improvement, contain deficiencies. This paper is the first to analyze the feasibility of life insurers improving profit via efficiency versus other business characteristics. The conclusion is that the best and possibly only process for LICs to increase profit is via efficiency.
Contents
Origin and continuity in spatial development: The case of Romania
Study of population by domicile and residence. Natural movement and imbalances
Romanian branded hotels: are they worth the effort?
Biracial Asian and white: Demographic and labor market status
Institutionalized social technologies index: A global perspective
Sustainability and efficiency of microfinance institutions in South Asia
A revisited causality analysis of Okun’s Law: The case of Turkey
Causality between foreign direct investments and exports in India
Structural budget balance and fiscal policy stance in Tunisia
Price transmission for natural rubber: India integration with world markets
Tax smoothing hypothesis: The Tunisian case
The importance of efficiency for life insurer profit: A study of Canadian life insurance companies
Does financial sector affect economic development in ASEAN during 2010-2016?
Do remittances really attract foreign direct investments? Evidence from panel cointegration
The effect of credit default swap premiums on developing markets’ economies: The case of exchange rates