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...
Main Authors: | Ignacio Moreno, Purificación Parrado-Martínez, Antonio Trujillo-Ponce |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2022-02-01
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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 |
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