In addition to premiums, investment income is one of the two main sources of capital for property-casualty (P/C) insurance companies. This study investigates short-term equity trading behavior of P/C insurers in the United States in 2007 and 2008, and finds that over 27 percent of non-group...

Korea's public employees have made significant contributions to the country's rapid economic growth and social development. In recent years, however, there has been growing concern that the competitiveness of Korea's public employees is lagging behind Korea's private sector employees as well as...