In old accounting tradition, non-life insurance companies have estimated nominal claims reserves for their outstanding loss liabilities. The new Solvency II developments require from non-life insurance companies that they go over to a market-consistent valuation of their insurance liabilities (full balance sheet approach) and that they prove solvency on a yearly basis. As a consequence non-life...

The main objective of this research, Explain the effectiveness of advertising using the AIDA model in the private insurance companies in the metropolitan city of Tehran. This descriptive research study field and study population consisted of all clients are insurance companies that considering the population size is unlimited Sample size was determined using the formula of infinite sample size ...

the purchase of insurance may cause the insureds to increase the costs of insurance companies, compared to their estimation of costs. if after the demand of insurance services, the loss ratio of insurance companies increases because of consumer behavior, moral hazard will be evident. in this paper, after introducing the literature, the presence of moral hazard in iran insurance company is teste...

Frauds in insurance industry are one of the major sources of operational risk of insurance companies and constitute a significant portion of their losses. Every reasonable company on the market aims for improving their processes of uncovering frauds and invests their resources to reduce them. This article is addressing fraud management area from the view of extension of existing Business Intell...

Article history: Accepted 10 November 2015 Available online xxxx This paper investigates the role of heterogeneity in the insurance sector. Here, heterogeneity is represented by different types of insurance provided and regions served. Using a balanced panel data set on Brazilian insurance companies as a case study, results corroborate this underlying hypothesis of heterogeneity's impact on per...