Using the Z-score to analyze the financial soundness of insurance firms

Purpose – Despite the sophisticated regulatory regime established in Solvency II, analysts should be able to consider other less complex indicators of the soundness of insurers. The Z-score measure, which has traditionally been used as a proxy of individual risk in the banking sector, may be a usefu...

Full description

Bibliographic Details
Main Authors: Ignacio Moreno, Purificación Parrado-Martínez, Antonio Trujillo-Ponce
Format: Article
Language:English
Published: Emerald Publishing 2022-02-01
Series:European Journal of Management and Business Economics
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/EJMBE-09-2020-0261/full/pdf