transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

in discovery by disallowing a settlement in the event of unsuccessful discovery, thereby reducing the pair's joint …

Canada differ on key issues relevant to securities litigation and D&O insurance. Thus, we predict and find that premiums … research stream examines Canadian directors' and officers' (D&O) insurance and finds that policy limits are positively … associated with financial reporting quality and related litigation (accounting-related agency costs). However, the U.S. and …

China's Urban and Rural Residents' Basic Medical Insurance (URRBMI) system recently was formed to integrate two prior …-existing government health insurance programs for low income citizens: the New Cooperative Medical Scheme (for rural residents) and the … Urban Residents' Basic Medical Insurance system (for non-employee city dwellers). Like its two predecessors, the URRBMI is a …

insurance by strictly-risk averse agents and risk-neutral firms when they enjoy limited liability. When exposed to a bankrupting … decision to insure will depend on whether the benefits the insuree derives from insurance after having compensated the damaged …

Purpose This study investigated the impact of corporate ownership structure on agency costs in the insurance industry …. Design/methodology/approach The study sample included 23 insurance companies listed on the Amman Stock Exchange (ASE) from … determinants of agency costs from a frontier market in the Middle East and North Africa (MENA), with a focus on the insurance …

We study the design of an optimal insurance contract in which the insured maximizes her expected utility and the … wealth and the variance bound on insurance demand. Our results indicate that the expected coverage is always larger for a … wealthier insured, implying that the underlying insurance is a normal good, which supports certain recent empirical findings …