An Economic Analysis of Life Insurance Company Expenses

• Main Author: SEGAL, Dan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2002
• Subjects: Life insurance companies; company expenses; benchmarks; expense factors; cost function; economies of scale; Accounting; Corporate Finance; Insurance
• Online Access: https://ink.library.smu.edu.sg/soa_research/812; http://dx.doi.org/10.1080/10920277.2002.10596066
• Institution: Singapore Management University

This study provides an economic analysis of life insurance company expenses and develops a methodology for the construction of benchmark expense factors. These benchmarks can facilitate the pricing of new business, cost control within companies, and expense comparisons among companies. We derive the...