This paper assesses the interaction among losses and expenses on insurance written, leverage employed and investment performance for a sample of 25 property-casualty companies during the decade ending 1976 and evaluates the impact of regulation and other factors upon internal profitability and...

This paper assesses the interaction among losses and expenses on insurance written, leverage employed and investment performance for a sample of 25 property-casualty companies during the decade ending 1976 and evaluates the impact of regulation and other factors upon internal profitability and...