Wang, Jennifer L; Chang, Vincent Y; Lai, Gene C; Tzeng, … - In: The Geneva Papers on Risk and Insurance - Issues and … 33 (2008) 3, pp. 566-584
This study investigates whether U.S. property-liability insurers change their demand for reinsurance after demutualization. Our empirical results show that the overall demand for reinsurance of converting insurers is not statistically different after the conversion. Furthermore, we find that...