This study examines the relationships among market structure and performance in property-liability insurers over the period 1992-1998 using data at the company and group levels. Three specific hypotheses are tested: traditional structure-conduct-performance, relative market power, and efficient...

Purpose: This study is designed to investigate how the use of reinsurance affects the primary insurers' profitability and pricing on their insurance products. Design/methodology/approach: This study examines the impact of reinsurance on the insurers’ profitability using a two stage least...