The determinants of solvency in the United Kingdom life insurance market

Yung-Ming Shiu

Applied Economics Letters, 2005, vol. 12, issue 6, 339-344

Abstract: This paper examines the solvency determinants, including economic and firm-specific factors, in the United Kingdom life insurance market. Using panel data for 1986-1999, it is found that solvency was positively related to bonds-to-total assets, equities-to-total assets, and level of new business, but negatively related to unexpected inflation, market competition, assets held to cover linked liabilities-to-total assets, life and general annuity reserves-to-total reserves, pension reserves-to-total reserves, permanent health reserves-to-total reserves, other reserves-to-total reserves, firm size, and insurance leverage. Based on panel data for the three subperiods, 1986-1990, 1990-1994, and 1994-1999, it was further found that solvency determinants changed from one epoch to another.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:12:y:2005:i:6:p:339-344

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504850500092640

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().