Competitive Dynamics in the Global Insurance Industry
Competitive Dynamics in the Global Insurance Industry

Author: Markus Schimmer

Publisher: Springer Science & Business Media

Published: 2012-05-04

Total Pages: 190

ISBN-13: 3834939927

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This thesis investigates the competitive dynamics in the global insurance industry from 1999 to 2008. After reviewing the current state of the academic debate on interfirm rivalry, it derives a research agenda spanning different levels of analysis and phenomena of interest. Specifically, the thesis explores (1) how and why firms continuously adjust their strategic profiles in the presence of an industry's strategic group structure, (2) whether market shocks (namely 9/11 and Hurricane Katrina) temporarily change the decision-logic underlying competitive choices, and (3) whether stock markets respond differently to competitive moves that follow a clearly stated strategic rationale.​

Strategic Group Performance and Dynamics Under Different Economic Conditions
Strategic Group Performance and Dynamics Under Different Economic Conditions

Author: Muhammed Altuntas

Publisher:

Published: 2015

Total Pages:

ISBN-13:

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We analyse Strategic Groups in the German insurance market. We use cluster analysis to subdivide Insurance Groups into Strategic Groups. Furthermore, we analyse whether Strategic Group affiliation can affect the performance of the Insurance Groups' property-liability subsidiaries. In addition, we examine the consequences of the financial crisis of 2008 on the competitive situation in the German insurance sector and examine whether changes in Strategic Group affiliation can be considered as a consequence of the financial crisis. Using a dataset of 829 firm year observations for the years 2004 to 2012, our results indicate the existence of three Strategic Groups in the German insurance sector. In addition, we find that performance differences on subsidiary-level can be attributed to Strategic Group affiliation. Furthermore, we do not find evidence that the financial crisis induced changes in Strategic Group affiliation.

The Financial Dynamics of the Insurance Industry
The Financial Dynamics of the Insurance Industry

Author: Edward I. Altman

Publisher: Irwin Professional Publishing

Published: 1995

Total Pages: 536

ISBN-13:

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The recent crises facing thrifts, banks, and other financial service institutions have caused insurance regulators, executives, and investors to become increasingly concerned about the insurance industry's vulnerability. This thoughtful reference explores the financial dynamics of the insurance industry, explaining the past and offering guidance for the future.

Strategic Competition Analysis and Group Mapping
Strategic Competition Analysis and Group Mapping

Author: Yiannis Yiannakopoulos

Publisher:

Published: 2017

Total Pages: 25

ISBN-13:

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This study aims to investigate the use of classic strategic management models for the competition analysis of the Greek insurance industry. In this direction, the application of the macro-environment analysis model, the industry life cycle model and the Porter's five forces model is concisely described. Special focus is put on the application of the strategic group mapping model, in order to examine the comparative positions of rival firms. The aforementioned models are applied to the Greek insurance industry for the decade 2004-2013 and conjointly reveal the factors that force and transform the competition environment. Results demonstrate that an analyst using classic strategic models can monitor the competitive dynamics and identify opportunities and risks for the Greek insurance companies.

Essays on Competitive Dynamics
Essays on Competitive Dynamics

Author: Markus Schimmer

Publisher:

Published: 2012

Total Pages:

ISBN-13:

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Die vorliegende Dissertation besteht aus drei empirischen Studien, welche zur akademischen Diskussion über dynamisches Wettbewerbsverhalten ("Competitive Dynamics Research") beitragen. Die erste Studie entwickelt und testet eine verhaltensorientierte Theorie wie sich Firmen innerhalb von Strategischen Gruppen über die Zeit hinweg umpositionieren. Die zweite Studie ergänzt frühere Bemühungen um eine aktivitätsbasierte Theorie des Wettbewerbsverhaltens, indem sie aufzeigt, wie disruptive Marktereignisse das Wettbewerbsverhalten in kompetitiven Märkten beeinflussen. Die dritte Studie verdeutlicht im Kontext von Desinvestitionen, dass Kapitalmärkte konzertierte Abfolgen von Wettbewerbszügen bevorzugen.