Abstract
ABSTRACT This paper develops a duopolistic contingent claim model to evaluate the equity values of life insurers during a trade war. Choosing advanced (technology-oriented) relative to backward (human capital-oriented) technology is crucial for insurance management. A result shows that holding more capital would enhance insurer survival. The enhancement becomes more significant when the trade war becomes more severe and when the technology chosen by the insurers is more backward. Capital, as such, contributes to insurance stability but discourages advanced technology development for insurers during the trade war.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Paper version not known
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
