文章基本信息

标题：A Study on the Determinant of Variable Insurance Demand in Korea
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作者：Min Hwan Lee ; Min Hwan Lee ; Mi Joung Yoon 等
期刊名称：International Journal of Finance and Accounting
印刷版ISSN：2168-4812
电子版ISSN：2168-4820
出版年度：2013
卷号：2
期号：4
页码：259-266
DOI：10.5923/j.ijfa.20130204.09
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：In this paper, 21 life insurance companies operating in Korea were analyzed in order to understand demand factors of variable insurance and the results are as follows. The total assets, the operating expenses, the interest rates, and the risk weighted asset rate were revealed to be significant variables of domestic insurance companies, and the number of insurance solicitors, the stock price index and the total assets were significant variables of foreign insurance companies. It might be due to that foreign insurance companies are more likely to make profits through relatively more aggressive investment. Moreover, for insurance subsidiaries of banks, the operating expense, the risk weighted risk rate and the total assets were shown to have a negative relationship, but the number of insurance solicitors and the stock price index have a positive relationship. In addition, the bancassurance, the interest rate, the stock price index and the operating expense were revealed to have a positive relation but the total assets have a negative relationship for insurance subsidiaries of non bank.
关键词：Variable Insurance; Written Premiums; Insurance Demand; Panel Data; Balanced Panel Model