This paper identifies the risk and risk-adjusted return determinants of US insurers. We find that the significant firm …-specific determinants for risk and risk-adjusted return vary slightly for the risk proxy and risk-adjusted return proxy used, and the types … to both total risk and systematic risk; in addition, size is positively related to systematic risk. Profitability and …

This paper examines dependency among stock returns, the line of business in the non-life insurance industry and … major segments of losses of top listed non-life insurance firms in India during the period 2017 to 2020. We show that … dependency among lines are crucial in determining the insurer’s risk capital. Although solvency (%) is negatively correlated with …