TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Schuh, Frederick
A1  - Noth, Lukas Michael
T1  - Ownership structures and risk taking in the German property-liability insurance market
JF  - Journal of Co-operative Organization and Management
N2  - This paper investigates whether the organizational form of a property-liability insurer influences its risk-taking. We investigate the investment and underwriting behavior of 62 German property-liability insurers in the period from 2000 to 2019. We find that stock insurers take higher risks, both in underwriting and in investments than mutual insurers. Our findings are relevant to customers, investors, and regulators, as they provide insights into the fundamental differences between stock and mutual insurers in the German property-liability.insurance market.
Y1  - 2022
SN  - 2213-297X
SS  - 2213-297X
U6  - https://doi.org/10.1016/j.jcom.2022.100165
DO  - https://doi.org/10.1016/j.jcom.2022.100165
VL  - 10
IS  - 1
SP  - 100165
ER  -