عنوان

Foreign exchange rate transaction exposure in emerging insurance markets :

شماره

TLets668685

عنوان اصلي

Foreign exchange rate transaction exposure in emerging insurance markets :

نام عام مواد

[Thesis]

نام نخستين پديدآور

Amer, Islam Samy Soliman

عنوان اصلي به قلم نويسنده ديگر

a model of the Egyptian insurance market

نام ناشر، پخش کننده و غيره

University of Bradford

تاریخ نشرو بخش و غیره

2013

جزئيات پايان نامه و نوع درجه آن

Thesis (Ph.D.)

امتياز متن

2013

متن يادداشت

Emerging insurance markets, have limited access to financial instruments that they can use to create common hedge(s) to manage foreign exchange risk. This is the first empirical study to focus on the limitations when modelling foreign exchange rate transaction exposure in emerging insurance markets. This work is based on the cash flow methodology proposed by Martin and Mauer (2003, 2005) in reference to banks, and employed by Li et al. (2009) when assessing US insurance companies. Some econometric methodological innovations have been introduced to study the limitations of modelling foreign exchange rate transaction exposure in emerging insurance markets. An extensive literature review is followed by a quantitative investigation, to answer the following research questions. 1) Is the foreign exchange transaction exposure, as measured by a fundamental (economic) method of modelling the interplay of foreign exchange rates with other economic variables, significant, for all Egyptian insurance companies? 2) Is the foreign exchange transaction exposure, as measured by a technical (statistical) way of modelling the interplay of foreign exchange rates with other economic variables, significant for all Egyptian insurance companies? 3) Is the exchange transaction exposure for the Egyptian insurance industry, as a whole, significant? Although the foreign exchange rate transaction exposure for the Egyptian insurance industry, as a whole, is insignificant (question3), the percentage of Egyptian insurers affected by foreign exchange rate transaction exposure in US dollars, estimated at the individual firm level, was found to be 22% (question 1) and 35% (question2) respectively.

موضوع مستند نشده

Foreign exchange rate transaction exposure, Insurance, Egypt, Panel econometric methods

مستند نام اشخاص تاييد نشده

Amer, Islam Samy Soliman

مستند نام تنالگان تاييد نشده

University of Bradford

نام الکترونيکي

فرمت انتشار

p

نوع ماده

[Thesis]

کد کاربرگه

276903

سطح دسترسي

a

تكميل شده

Y