Financial risk management by Malaysian life insurers : the application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud
This research examines the determinants of reinsurance use as a tool for financial risk management in the Malaysian life insurance industry. Weestimate a multivariate linear regression model using a sample of /7 Malaysian life insurers for the period between the years 2000 to 2003 with data taken f...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Institute of Research, Development and Commercialization (IRDC)
2005
|
| Subjects: | |
| Online Access: | http://ir.uitm.edu.my/id/eprint/12965/ http://ir.uitm.edu.my/id/eprint/12965/1/AJ_ROSMI%20YUHASNI%20MOHAMED%20YUSUF%20SMRJ%20%2005%201.pdf |
| id |
uitm-12965 |
|---|---|
| recordtype |
eprints |
| spelling |
uitm-129652016-06-06T07:13:56Z http://ir.uitm.edu.my/id/eprint/12965/ Financial risk management by Malaysian life insurers : the application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud Mohamed Yusuf, Rosmi Yuhasni Abdul Rashid, Saharani Daud, Rozain Insurance business. Insurance management Malaysia Life insurance business. Management This research examines the determinants of reinsurance use as a tool for financial risk management in the Malaysian life insurance industry. Weestimate a multivariate linear regression model using a sample of /7 Malaysian life insurers for the period between the years 2000 to 2003 with data taken from the Annual Insurance Report published by the Bank Negara Malaysia and Life Insurance Revenue Account ofthe respective insurer. Our results indicate that determinants ofreinsurance used are negatively influenced by a firm's leverage and the availability of cash but positively influenced by bank affiliation relationship. This research however fails to find evidence that reinsurance decision is influenced byfactors such as afirm ssize, profitability, taxes and group memberships. We conclude that reinsurance is still being applied in Malaysia as a pure risk spreading or risk transfer tool with minimal role in managing the financial risk in the Malaysian life insurance industry. Institute of Research, Development and Commercialization (IRDC) 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/12965/1/AJ_ROSMI%20YUHASNI%20MOHAMED%20YUSUF%20SMRJ%20%2005%201.pdf Mohamed Yusuf, Rosmi Yuhasni and Abdul Rashid, Saharani and Daud, Rozain (2005) Financial risk management by Malaysian life insurers : the application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud. Social and Management Research Journal, 2 (2). pp. 25-40. ISSN 1675-7017 |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
Universiti Teknologi MARA |
| building |
UiTM Institutional Repository |
| collection |
Online Access |
| language |
English |
| topic |
Insurance business. Insurance management Malaysia Life insurance business. Management |
| spellingShingle |
Insurance business. Insurance management Malaysia Life insurance business. Management Mohamed Yusuf, Rosmi Yuhasni Abdul Rashid, Saharani Daud, Rozain Financial risk management by Malaysian life insurers : the application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| description |
This research examines the determinants of reinsurance use as a tool for financial risk management in the Malaysian life insurance industry. Weestimate a multivariate linear regression model using a sample of /7 Malaysian life
insurers for the period between the years 2000 to 2003 with data taken from the Annual Insurance Report published by the Bank Negara Malaysia and Life Insurance Revenue Account ofthe respective insurer. Our results indicate that determinants ofreinsurance used are negatively influenced by a firm's leverage and the availability of cash but positively influenced by bank affiliation relationship. This research however fails to find evidence that reinsurance decision is influenced byfactors such as afirm ssize, profitability, taxes and group memberships. We conclude that reinsurance is still being applied in Malaysia as a pure risk spreading or risk transfer tool with minimal role in managing the financial risk in the Malaysian life insurance industry. |
| format |
Article |
| author |
Mohamed Yusuf, Rosmi Yuhasni Abdul Rashid, Saharani Daud, Rozain |
| author_facet |
Mohamed Yusuf, Rosmi Yuhasni Abdul Rashid, Saharani Daud, Rozain |
| author_sort |
Mohamed Yusuf, Rosmi Yuhasni |
| title |
Financial risk management by Malaysian life insurers : the
application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| title_short |
Financial risk management by Malaysian life insurers : the
application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| title_full |
Financial risk management by Malaysian life insurers : the
application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| title_fullStr |
Financial risk management by Malaysian life insurers : the
application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| title_full_unstemmed |
Financial risk management by Malaysian life insurers : the
application of reinsurance / Rosmi Yuhasni Mohamed Yusuf, Saharani Abdul Rashid and Rozain Daud |
| title_sort |
financial risk management by malaysian life insurers : the
application of reinsurance / rosmi yuhasni mohamed yusuf, saharani abdul rashid and rozain daud |
| publisher |
Institute of Research, Development and Commercialization (IRDC) |
| publishDate |
2005 |
| url |
http://ir.uitm.edu.my/id/eprint/12965/ http://ir.uitm.edu.my/id/eprint/12965/1/AJ_ROSMI%20YUHASNI%20MOHAMED%20YUSUF%20SMRJ%20%2005%201.pdf |
| first_indexed |
2023-09-18T22:49:38Z |
| last_indexed |
2023-09-18T22:49:38Z |
| _version_ |
1777417457149935616 |