Performance effect of risk-based capital policy on insurers : longitudinal microdata evidence
Risk-based capitalization (RBC) is an insurance regulation policy aimed at protecting policyholders. But effects of this policy on insurers’ performance are conjectural as empirical studies are scarce. This study investigates RBC influence, in the context of capital structure, on return on asset (RO...
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| Format: | Article |
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Routledge
2019
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