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DC Field | Value | Language |
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dc.date.accessioned | 2015-04-08T12:15:37Z | |
dc.date.available | 2015-04-08T12:15:37Z | |
dc.date.issued | 2014 | |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/2192 | |
dc.description.abstract | This dissertation purports to analyse the impact the financial turmoil has had on local insurance companies writing long term business. Research results in relation to the period under study, being 2007 to 2012, indicate that the financial turmoil has presented local life insurers with a challenging operating environment brought about by the challenges of uncertainty as a result of the continued low interest rate environment and volatile financial markets. Yet, overall the financial turmoil has had a limited negative impact on local life insurers as they still reported satisfactory and solid financial performance. Results demonstrate that local life insurers navigated successfully the extreme financial market conditions and emerged as being strong insurers as portrayed by the results for 2012, the year during which the financial turmoil had been slowly abiding. These results have been achieved given the strong business fundamentals and prudence in their management together with the regulatory measures adopted by the regulatory body of Malta’s insurance sector, namely, the Malta Financial Services Authority. | en_GB |
dc.language.iso | en | en_GB |
dc.rights | info:eu-repo/semantics/restrictedAccess | en_GB |
dc.subject | Insurance companies -- Malta | en_GB |
dc.subject | Financial crises | en_GB |
dc.subject | Financial services industry -- Malta | en_GB |
dc.subject | Life insurance | en_GB |
dc.title | The impact of the financial turmoil on the local life insurance sector | en_GB |
dc.type | masterThesis | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.publisher.institution | University of Malta | en_GB |
dc.publisher.department | Faculty of Laws | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.contributor.creator | Cutajar, Mariel | |
Appears in Collections: | Dissertations - MA - FacLaw - 2014 |
Files in This Item:
File | Description | Size | Format | |
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14MFIN009.pdf Restricted Access | 1.7 MB | Adobe PDF | View/Open Request a copy |
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