The Effect of Bank Activity Restriction on Life Insurers’ Efficiency: Evidence from European Markets
Document Type
Article
Publication Date
4-2012
Publication Title
International Journal of Economics and Finance
DOI
10.5539/ijef.v4n4p55
Abstract
This paper examines the relation between bank entry restrictions into insurance operations and life insurers’ operating efficiency for a sample of 21 European countries over 1995-2003. Controlling for insurance market penetration, insurance risk retention, legal environment, and the economic development of the hosting country, we document that insurers operate more efficiently in markets with lower bank entry restrictions. Our results suggest that financial deregulation has positive spill-over effect, supporting the deregulation efforts in the global financial markets.
Recommended Citation
Zhang, Rongrong.
2012.
"The Effect of Bank Activity Restriction on Life Insurers’ Efficiency: Evidence from European Markets."
International Journal of Economics and Finance, 4 (4): 55-60.
doi: 10.5539/ijef.v4n4p55
https://digitalcommons.georgiasouthern.edu/econ-facpubs/42
Included in
Business Administration, Management, and Operations Commons, Finance Commons, Finance and Financial Management Commons
Comments
Copyrights for articles published in CCSE journals are retained by the authors. Article obtained from International Journal of Economics and Finance