Changes in the Life Insurance Industry: Efficiency, Technology and Risk Management

Major challenges for life insurance companies have been posed by an unprecedented wave of mergers and acquisitions in the insurance industry and the emergence of non-traditional competitors such as banks, mutual fund companies and investment advisory firms. This is the first book to analyze the determinants of firm performance in the life insurance industry by identifying the ‘best practices' employed by leading insurers to succeed in this dynamic business environment. The book draws upon d...