Advanced SearchSearch Tips
A Study on the Financial Strength of General Insurers
facebook(new window)  Pirnt(new window) E-mail(new window) Excel Download
 Title & Authors
A Study on the Financial Strength of General Insurers
Jeong, Jung-Young; Yoo, Sang-Hee;
  PDF(new window)
The purpose of this paper is to assess the financial strength of general insurers by using A.M. Best's rating technique focusing on quantitative standards. A quantitative evaluation of fifteen larger general insurers' financial strength and operating performance relative to the Best's top group is carried out. The quantitative evaluation is done in 5 key areas; growth, efficiency, profitability, safety and liquidity. The results show that there is a big gap between domestic large insurers and American insures in all areas except stable growth of operations. Therefore, domestic insurers have to strive to strengthen financial soundness through profitability and should increase the capacity to retain more commercial business and reinsurance in order to become global players.
General insurance;financial strength;A.M. Best rating;factor analysis;
 Cited by
류건식, 장이규, 이경희, 김동겸 (2007). 보험회사 경영성과 분석모행에 관한 비교연구, 연구보고서, <보험개발원>

이경룡, 이호철 (2005). 생명보험회사 경영실태평가제도의 개선에 관한 연구, <보험학회지>, 70, 215-244

이경룡, 임용택 (2002). 국내 생명보험회사의 CAMEL 식 경영형가제도 유효성에 관한 연구, <보험학회지>, 62, 1-29

정중영 (2003). 국내 손해보험사의 경영평가와 시사점, <보험개발연구>, 보험개발원, 67-92

A.M. Best (2007). Best's Insurance Report-Non US 2007 Edition