Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms?
Life insurance companies are important part of the economy. They have charges on their policies which cover their expenses and make a profit. This study seeks to find the reasons why charges of life insurance companies differ. Exploiting recently available data from the Financial Services Authority,...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2007
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| Online Access: | https://eprints.nottingham.ac.uk/21639/ |
| _version_ | 1848792281083019264 |
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| author | Gao, Yiqi |
| author_facet | Gao, Yiqi |
| author_sort | Gao, Yiqi |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Life insurance companies are important part of the economy. They have charges on their policies which cover their expenses and make a profit. This study seeks to find the reasons why charges of life insurance companies differ. Exploiting recently available data from the Financial Services Authority, this dissertation use a regression model to test if firm size and organizational form are significantly determining charges. In addition, data are used to estimate the price of different product characteristics in the UK stakeholder & personal pension and investment bonds markets. The results show that firm size, organizational form and product characteristics have significant relationship with charges to some extent. Pricing strategy is also taken into consideration. The findings show that if insurance companies have low charges for personal pension, there is high probability they will have low charges for investment bonds. |
| first_indexed | 2025-11-14T18:41:54Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-21639 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:41:54Z |
| publishDate | 2007 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-216392018-02-02T20:38:59Z https://eprints.nottingham.ac.uk/21639/ Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? Gao, Yiqi Life insurance companies are important part of the economy. They have charges on their policies which cover their expenses and make a profit. This study seeks to find the reasons why charges of life insurance companies differ. Exploiting recently available data from the Financial Services Authority, this dissertation use a regression model to test if firm size and organizational form are significantly determining charges. In addition, data are used to estimate the price of different product characteristics in the UK stakeholder & personal pension and investment bonds markets. The results show that firm size, organizational form and product characteristics have significant relationship with charges to some extent. Pricing strategy is also taken into consideration. The findings show that if insurance companies have low charges for personal pension, there is high probability they will have low charges for investment bonds. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21639/1/Dissertation.pdf Gao, Yiqi (2007) Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? [Dissertation (University of Nottingham only)] (Unpublished) Charges; life insurance; firm size; organizational form; product characteristics |
| spellingShingle | Charges; life insurance; firm size; organizational form; product characteristics Gao, Yiqi Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title | Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title_full | Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title_fullStr | Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title_full_unstemmed | Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title_short | Pricing risk- data is available on the premium rates charged by life insurance companies. Are there differences between large firms and small firms? Between mutual firms and proprietary firms? |
| title_sort | pricing risk- data is available on the premium rates charged by life insurance companies. are there differences between large firms and small firms? between mutual firms and proprietary firms? |
| topic | Charges; life insurance; firm size; organizational form; product characteristics |
| url | https://eprints.nottingham.ac.uk/21639/ |