IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-030-43078-8_18.html
   My bibliography  Save this book chapter

Dividends of Life Insurance Companies and the Solvency Capital Requirements

In: Contemporary Trends and Challenges in Finance

Author

Listed:
  • Joanna Głód

    (University of Warsaw)

  • Lyubov Klapkiv

    (Maria Curie-Skłodowska University)

  • Anna Białek-Jaworska

    (University of Warsaw)

  • Krzysztof Opolski

    (University of Warsaw)

Abstract

The aim of the article is to discuss the impact of capital requirements set out in the Solvency II Directive on the amount of dividends paid by life insurance companies in Poland. The study was conducted with the use of an estimator of random effects of panel data of the entire market consists of 24 insurance companies. The data was taken from Solvency and Financial Condition Reports for the total period of Solvency II Directive obligatory use (2016–2018). Life insurance companies are required to apply a number of legal regulations that determine the amount of dividend paid. However, simultaneously they are exposed to numerous risks which are not covered by capital requirements. Our results indicate that the amount of dividend is strongly correlated with the capital requirements. Capital requirements determine the level of profits earned in life insurance companies. There is a negative correlation between the capital retention (outflow) and the financial position of the life insurance company.

Suggested Citation

  • Joanna Głód & Lyubov Klapkiv & Anna Białek-Jaworska & Krzysztof Opolski, 2020. "Dividends of Life Insurance Companies and the Solvency Capital Requirements," Springer Proceedings in Business and Economics, in: Krzysztof Jajuga & Hermann Locarek-Junge & Lucjan T. Orlowski & Karsten Staehr (ed.), Contemporary Trends and Challenges in Finance, pages 221-230, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-43078-8_18
    DOI: 10.1007/978-3-030-43078-8_18
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jakša Krišto & Antti Talonen & Hrvoje Pauković, 2021. "Analysis of community‐owned mutual insurers' prospects of development in CEE countries: Outlining research agenda," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 24(3), pages 243-261, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-030-43078-8_18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.