2023
DOI: 10.1016/j.ejor.2022.07.009
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Surrender contagion in life insurance

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Cited by 4 publications
(2 citation statements)
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“…Therefore, life insurers have increasingly relied on strategic guaranteed rate-setting behavior during wartime, as concerns about insurer safety have grown among politicians, stakeholders, and regulators. Our findings support the conclusions drawn by Chen et al (2023): surrender does not pose a critical threat to insurer solvency. Based on Table 3 findings, policy recommendations encourage surrender option awareness and retention incentives, implement stricter regulations for disintermediation risks, and promote transparent rate-setting practices during war or economic uncertainty for enhanced insurer safety and industry stability.…”
Section: Resultssupporting
confidence: 89%
“…Therefore, life insurers have increasingly relied on strategic guaranteed rate-setting behavior during wartime, as concerns about insurer safety have grown among politicians, stakeholders, and regulators. Our findings support the conclusions drawn by Chen et al (2023): surrender does not pose a critical threat to insurer solvency. Based on Table 3 findings, policy recommendations encourage surrender option awareness and retention incentives, implement stricter regulations for disintermediation risks, and promote transparent rate-setting practices during war or economic uncertainty for enhanced insurer safety and industry stability.…”
Section: Resultssupporting
confidence: 89%
“…Studying economic life insurance issues abroad can be further divided into two main research methods: macroeconometric and microeconomic. Macroeconometrics mainly adopts a sequential approach to overall macroeconomic research [2], microeconomics is mainly used to explain the formation of private family decision-making [3], Cheng Chunli et al [4] established a large-scale surrender model in a heterogeneous pool, which corrects the self motivation in the Hawkes process to the cumulative motivation of accidental events, for individuals who can trigger infectious behavior when surrender becomes significant in the past. Srbinoski Bojan [1] constructed two groups of indicators to measure the robustness and ability of regulators to prevent bankruptcy and opportunism market behavior, and estimate its impact on market development.…”
Section: Introductionmentioning
confidence: 99%