Purpose – The purpose of this paper is to examine the determinants of operational losses in insurance companies. Design … integrates a quantitative aspect that reflects the mode of organization in the insurance company. In this paper, it would be more … negatively related to the Variety of Insurance Activities (VARIACT). The paper also found a decrease in the frequency of losses …

. In this paper we present a theoretical background for the use of insurance in banks´ operational management according to … Basel II rules. Moreover, we provide empirical analysis of the role of insurance in operational risk management in an … evaluation. Based on our analysis we reject a hypothesis that insurance serves as an effective mitigation tool of operational …

arise in firm management. This work develops a model to estimate the monetary loss due to car theft for Columbian insurance … expected losses. The results and conclusions will be useful for insurance firms. Using the results here, they can set up …