文章基本信息

标题：competition effects on policyholders' welfare and insurers' risk
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作者：Hashem Aghazadeh ; Fatemeh Abbasi Beni
期刊名称：Financial Research
印刷版ISSN：1024-8153
电子版ISSN：2423-5377
出版年度：2016
卷号：18
期号：2
页码：201-218
出版社：University of Tehran Electronic Journals Database
摘要：In this study, the index of market competition, consumer welfare lost, underwriting risk and the relationship between them and the process of privatization in the insurance industry, is studied. The results show that with the privatization in the insurance industry, the insurance market has lost the monopoly, lost welfare during the last ten years, but dropped sharply increased underwriting risk. In view of the increasing competition in the market, has increased the need for effective monitoring. Regression calculations show that a strong and significant relationship is between privatization (increasing the number of insurance companies), competition, market risks and consumer welfare.
关键词：Deadweight loss DWL;Herfindahl; Hirschman Index HHI;risk underwriting;privatization;the insurance industry of Iran