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The Relevance and Challenges of the Insurance Industry in Contemporary Administration: A Call for Researchers

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  • João Vinícius de França Carvalho
  • Eduardo Flores
  • Emiliano A. Valdez

Abstract

The insurance industry is one of the most relevant segments for sustainable economic development, not only because it protects society’s assets, but also because it encourages the formation of long-term provisions and reserves. Thus, it is possible to guarantee that advances in income distribution, as well as family consumption, will not regress under adverse scenarios. By promoting virtuous feedback between the productive activity and the legitimate social interest, this sector plays a central role in the promotion of collective well-being. Therefore, Actuarial Science can strongly collaborate in the development of Contemporary Administration.

Suggested Citation

  • João Vinícius de França Carvalho & Eduardo Flores & Emiliano A. Valdez, 2022. "The Relevance and Challenges of the Insurance Industry in Contemporary Administration: A Call for Researchers," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 26(3), pages 210313-2103.
  • Handle: RePEc:abg:anprac:v:26:y:2022:i:3:1518
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    References listed on IDEAS

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    1. Rafael Tonet Rensi & João Vinícius França Carvalho, 2021. "Operation Car Wash: Impacts on the Executives' Liability Insurance Market," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 25(2), pages 190386-1903.
    2. Maochao Xu & Lei Hua, 2019. "Cybersecurity Insurance: Modeling and Pricing," North American Actuarial Journal, Taylor & Francis Journals, vol. 23(2), pages 220-249, April.
    3. Shawn Cole, 2015. "Overcoming Barriers to Microinsurance Adoption: Evidence from the Field†," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 40(4), pages 720-740, October.
    4. Cipriani, Giam Pietro & Fioroni, Tamara, 2021. "Endogenous Demographic Change, Retirement, And Social Security," Macroeconomic Dynamics, Cambridge University Press, vol. 25(3), pages 609-631, April.
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