Recommendations for Improving Performance in Romanian Insurance Companies Regarding the Risk Management

Diana Miruna Hancu

Knowledge Horizons - Economics, 2014, vol. 6, issue 4, 33-38

Abstract: In response to fundamental changes in regulation and technology, the financial industry around the world is undergoing an unprecedented wave of consolidation. From a risk and return standpoint, a strategy that is benchmark-unaware may be more successful than one that is designed to control portfolio risk versus a cap-weighted benchmark. The paper investigates the ALM model as well as its benefits and suggestions for the insurers. Employing a quantitative, low turnover approach to a portfolio of stocks selected for their low beta can lead to a more predictable return stream over time with lower overall volatility and less sensitivity to market movements.

Keywords: Management; Insurance Models; Asset-Liability Management (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:6:y:2014:i:4:p:33-38

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