J David Cummins

Temple University - Risk Management & Insurance & Actuarial Science

Joseph E. Boettner Professor

Fox School of Business and Management

1801 Liacouras Walk.

Philadelphia, PA 19122

United States

  • Temple University - Risk Management & Insurance & Actuarial Science

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    • Tel: 215-204-8468
    • Fax: 215-204-4712
SCHOLARLY PAPERS

67

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Scholarly Papers (67)

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1.

Productivity and Efficiency in Insurance: An Overview of the Issues

96-57
Number of pages: 62 Posted: 06 May 1997
Douglas O. Cook and J David Cummins
University of Alabama - Culverhouse College of Commerce & Business Administration and Temple University - Risk Management & Insurance & Actuarial Science
Downloads 2,694 (5,080)

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2.

Derivatives and Corporate Risk Management: Participation and Volume Decisions in the Insurance Industry

Downloads 2,462 ( 5,900)
Citation 9

Derivatives and Corporate Risk Management: Participation and Volume Decisions in the Insurance Industry

Forthcoming
Number of pages: 49 Posted: 27 May 1998 Last Revised: 08 Aug 2018
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)
Downloads 2,407 (6,007)
Citation 10

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Derivatives, Risk Management, Insurance Companies

Derivatives and Corporate Risk Management: Participation and Volume Decisions in the Insurance Industry

FRB Atlanta Working Paper No. 97-12
Number of pages: 39 Posted: 23 Feb 2015
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)
Downloads 55 (418,133)
Citation 3

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financial institutions and services, corporate finance and governance, firm objectives, organization and behavior

3.

CAT Bonds and Other Risk-Linked Securities: State of the Market and Recent Developments

Number of pages: 45 Posted: 07 Dec 2007
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science
Downloads 1,679 (11,118)
Citation 13

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securitization, catastrophic risk, CAT bonds, risk swaps, reinsurance

4.

Consolidation in the European Insurance Industry: Do Mergers and Acquisitions Create Value for Shareholders?

Number of pages: 52 Posted: 01 Jul 2004
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 1,449 (14,062)
Citation 14

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Insurance, European insurance industry, mergers, event study

5.

The Costs and Benefits of Reinsurance

Number of pages: 32 Posted: 11 Jun 2008
J David Cummins, Georges Dionne, Robert Gagné and Abdelhakim Nouira
Temple University - Risk Management & Insurance & Actuarial Science, HEC Montreal - Department of Finance, HEC Montreal - Institute of Applied Economics and HEC Montreal - Department of Finance
Downloads 1,344 (15,788)
Citation 17

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Reinsurance, insolvency risk, risk management, financial intermediation, cost functions, panel data

6.

The Market Value Impact of Operational Risk Events for U.S. Banks and Insurers

Number of pages: 52 Posted: 04 Jan 2005
J David Cummins, Christopher M. Lewis and Ran Wei
Temple University - Risk Management & Insurance & Actuarial Science, The Hartford and University of Pennsylvania - Insurance & Risk Management Department
Downloads 1,329 (16,054)
Citation 17

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Operational risk, event study, banking, insurance

7.

Convergence of Insurance and Financial Markets: Hybrid and Securitized Risk Transfer Solutions

Number of pages: 75 Posted: 01 Sep 2008
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 1,027 (23,630)
Citation 25

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CAT bonds, catastrophic risk, insurance-linked securities, industry loss warranties, CAT options

8.

Cat Bonds and Other Risk-Linked Securities: Product Design and Evolution of the Market

Number of pages: 22 Posted: 03 Feb 2012
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science
Downloads 1,001 (24,551)
Citation 10

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Catastrophe bonds, risk-linked securities, reinsurance, sidecars, industry loss warranties, secutization

9.

The Incentive Effects of No Fault Automobile Insurance

Number of pages: 46 Posted: 12 Apr 2001
J David Cummins, Mary A. Weiss and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Georgia State University - Risk Management & Insurance Department
Downloads 737 (37,681)
Citation 9

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No fault, insurance, fatality rates

10.

Deregulation, Consolidation, and Efficiency: Evidence from the Spanish Insurance Industry

Wharton Financial Institutions Center Working Paper No. 02-01
Number of pages: 52 Posted: 17 Feb 2002
J David Cummins and María Rubio-Misas
Temple University - Risk Management & Insurance & Actuarial Science and University of Malaga - Finance & Accounting
Downloads 678 (42,186)
Citation 18

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11.

Systemic Risk and the U.S. Insurance Sector

Downloads 658 ( 43,924)
Citation 40

Systemic Risk and the U.S. Insurance Sector

Number of pages: 53 Posted: 15 Dec 2010 Last Revised: 20 Apr 2014
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 656 (43,476)
Citation 12

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Insurance, Reinsurance, Systemic Risk, Contagion

Systemic Risk and the U.S. Insurance Sector

Journal of Risk and Insurance, Vol. 81, Issue 3, pp. 489-528, 2014
Number of pages: 40 Posted: 20 Aug 2014
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 2 (740,238)
Citation 26
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12.

Hedge the Hedgers: Usage of Reinsurance and Derivatives by Property and Casualty Insurance Companies

Number of pages: 37 Posted: 28 May 2008 Last Revised: 20 Apr 2014
Qingyi (Freda) Song Drechsler and J David Cummins
University of Pennsylvania - Wharton Research Data Services and Temple University - Risk Management & Insurance & Actuarial Science
Downloads 587 (51,026)
Citation 3

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Hedging, Derivatives, Insurance, Reinsurance

13.

Mergers & Acquisitions in the U.S. Property-Liability Insurance Industry: Productivity and Efficiency Effects

Number of pages: 52 Posted: 05 Jul 2007
J David Cummins and Xiaoying Xie
Temple University - Risk Management & Insurance & Actuarial Science and California State University, Fullerton
Downloads 566 (53,401)
Citation 15

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mergers, acquisitions, insurance, efficiency, data envelopment analysis, corporate control theory

14.

The Basis Risk of Catastrophic-Loss Index Securities

Number of pages: 63 Posted: 22 Jun 2000
J David Cummins, David Lalonde and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Applied Insurance Research and Georgia State University - Risk Management & Insurance Department
Downloads 550 (55,381)
Citation 11

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15.

Systemic Risk and Regulation of the U.S. Insurance Industry

Downloads 547 ( 55,784)
Citation 6

Systemic Risk and Regulation of the U.S. Insurance Industry

Networks Financial Institute Policy Brief 2013-PB-02
Number of pages: 40 Posted: 18 Mar 2013 Last Revised: 20 Apr 2014
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 306 (110,064)

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Systemic risk, Insurance regulation, Financial Stability Oversight Council

Systemic Risk and Regulation of the U.S. Insurance Industry

Forthcoming, Journal of Risk and Insurance
Number of pages: 52 Posted: 26 Feb 2014
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 241 (141,357)
Citation 1

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insurance regulation, systemic risk, reinsurance, SRISK, systemically important financial institution, insurance insolvencies

16.

Estimating the Cost of Equity Capital for Property-Liability Insurers

Downloads 540 ( 56,712)
Citation 23

Estimating the Cost of Equity Capital for Property-Liability Insurers

Number of pages: 47 Posted: 21 Jul 2003
J David Cummins and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 509 (60,400)
Citation 20

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Insurance, Cost of Equity Capital, Full-Information Beta

Estimating the Cost of Equity Capital for Property-Liability Insurers

Journal of Risk and Insurance, Vol. 72, No. 3, pp. 441-478, September 2005
Number of pages: 38 Posted: 31 Aug 2005
J David Cummins and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 31 (524,674)
Citation 4
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17.

Conglomeration Versus Strategic Focus: Evidence from the Insurance Industry

July 1999
Number of pages: 48 Posted: 13 Mar 2000
Allen N. Berger, J David Cummins, Mary A. Weiss and Hongmin Zi
University of South Carolina - Darla Moore School of Business, Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Hong-Ik University
Downloads 535 (57,378)
Citation 7

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18.

Reinsurance for Natural and Man-Made Catastrophes in the United States: Current State of the Market and Regulatory Reforms

Number of pages: 69 Posted: 05 Jul 2007
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science
Downloads 532 (57,794)

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reinsurance, catastrophic risk, cat bonds, terrorism, insurance regulation

19.

Efficiency of Insurance Firms with Endogenous Risk Management and Financial Intermediation Activities

Number of pages: 48 Posted: 10 May 2006
Georges Dionne, J David Cummins, Robert Gagné and Abdelhakim Nouira
HEC Montreal - Department of Finance, Temple University - Risk Management & Insurance & Actuarial Science, HEC Montreal - Institute of Applied Economics and HEC Montreal - Department of Finance
Downloads 520 (59,488)
Citation 4

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Risk management, US property-liability insurer, risk pooling, financial intermediation, economic efficiency, intermediate output, shadow price, cost function, translog approximation

20.

Financial Sector Integration and Information Spillovers: Effects of Operational Risk Events on U.S. Banks and Insurers

Number of pages: 41 Posted: 14 Dec 2007 Last Revised: 20 Apr 2014
J David Cummins, Ran Wei and Xiaoying Xie
Temple University - Risk Management & Insurance & Actuarial Science, Chicago Partners LLC and California State University, Fullerton
Downloads 514 (60,359)
Citation 10

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operational risk, banks, insurance, event study, contagion, spillovers

21.

Organizational Form and Efficiency: An Analysis of Stock and Mutual Property-Liability Insurers

WFIC 97-02
Number of pages: 53 Posted: 24 Jun 1997
J David Cummins, Mary A. Weiss and Hongmin Zi
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Hong-Ik University
Downloads 435 (74,078)
Citation 6

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22.

Efficiency, Productivity, and Scale Economies in the U.S. Property-Liability Insurance Industry

Number of pages: 51 Posted: 31 Jul 2008 Last Revised: 20 Apr 2014
J David Cummins and Xiaoying Xie
Temple University - Risk Management & Insurance & Actuarial Science and California State University, Fullerton
Downloads 425 (76,181)
Citation 3

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Efficiency, Productivity, Scale Economies, Property-Liability Insurance, DEA, Malmquist indices

23.

An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

Downloads 422 ( 76,794)
Citation 26

An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

Number of pages: 45 Posted: 15 Mar 2004
Jeffrey R. Brown, J David Cummins, Christopher M. Lewis and Ran Wei
University of Illinois at Urbana-Champaign - Department of Finance, Temple University - Risk Management & Insurance & Actuarial Science, The Hartford and University of Pennsylvania - Insurance & Risk Management Department
Downloads 375 (87,404)

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Terrorism, insurance, reinsurance, event study

An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

NBER Working Paper No. w10388
Number of pages: 46 Posted: 19 Apr 2004 Last Revised: 17 Jun 2004
Jeffrey R. Brown, J David Cummins, Christopher M. Lewis and Ran Wei
University of Illinois at Urbana-Champaign - Department of Finance, Temple University - Risk Management & Insurance & Actuarial Science, The Hartford and University of Pennsylvania - Insurance & Risk Management Department
Downloads 47 (448,766)
Citation 8

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24.

Mergers and Acquisitions in the Global Insurance Industry: Valuation Effects

Fox School of Business Research Paper No. 15-064
Number of pages: 37 Posted: 04 Feb 2015 Last Revised: 08 Aug 2018
J David Cummins, Paul J. M. Klumpes and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science, Nottingham Trent University and Temple University
Downloads 396 (82,661)
Citation 1

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Mergers, acquisitions, insurance industry, event study

25.

Systemic Risk and the Inter-Connectedness between Banks and Insurers: An Econometric Analysis

Journal of Risk and Insurance, Forthcoming, Fox School of Business Research Paper No. 14-023
Number of pages: 46 Posted: 03 Feb 2012 Last Revised: 05 Sep 2014
Hua Chen, J David Cummins, Krupa S. Viswanathan and Mary A. Weiss
University of Hawaii at Manoa, Temple University - Risk Management & Insurance & Actuarial Science, Temple University - Department of Risk, Insurance, and Healthcare and Temple University
Downloads 384 (85,678)
Citation 21

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Insurance, banks, systemic risk, probability of default, Granger causality, inter-connectedness

26.

Analyzing Firm Performance in the Insurance Industry Using Frontier Efficiency and Productivity Methods

Number of pages: 74 Posted: 03 Feb 2012
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 380 (86,744)
Citation 10

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Insurance, insurance firms, efficiency, productivity, data envelopment analysis, stochastic frontier analysis

27.

Economies of Scope in Financial Services: A DEA Efficiency Analysis of the US Insurance Industry

Journal of Banking and Finance, Forthcoming
Number of pages: 43 Posted: 02 Apr 2010
J David Cummins, Mary A. Weiss, Xiaoying Xie and Hongmin Zi
Temple University - Risk Management & Insurance & Actuarial Science, Temple University, California State University, Fullerton and Hong-Ik University
Downloads 351 (95,089)
Citation 3

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Scope economies, Conglomeration, Strategic Focus, Insurance, Efficiency, Data Envelopment Analysis

28.

Determinants of Insurers' Performance in Risk Pooling, Risk Management, and Financial Intermediation Activities

Number of pages: 36 Posted: 25 May 2007
Georges Dionne, Robert Gagné, Abdelhakim Nouira and J David Cummins
HEC Montreal - Department of Finance, HEC Montreal - Institute of Applied Economics, HEC Montreal - Department of Finance and Temple University - Risk Management & Insurance & Actuarial Science
Downloads 347 (96,302)
Citation 3

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Risk pooling, risk management, financial intermediation, property-liability insurance, efficiency, agency costs.

29.

Reinsurance Counterparty Relationships and Firm Performance In the U.S. Property-Liability Insurance Industry

Number of pages: 39 Posted: 31 May 2012
J David Cummins, Zhijian Feng and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science, Independent and Temple University
Downloads 330 (101,889)
Citation 5

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Reinsurance, property-liability insurance, efficiency, data envelopment analysis

30.

Economies of Scope, Organizational Form, and Insolvency Risk: Evidence from the Takaful Insurance Industry

Fox School of Business Research Paper No. 15-050
Number of pages: 42 Posted: 03 Feb 2015 Last Revised: 16 Dec 2016
Khalid Amri, J David Cummins and Mary A. Weiss
Sultan Qaboos University, Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 318 (106,209)
Citation 2

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Insolvency, Takaful, efficiency, organizational form, economies of scope, data envelopment analysis

31.

International Comparison of Interest Rate Guarantees in Life Insurance Contracts

Number of pages: 34 Posted: 14 Dec 2007
J David Cummins, Kristian R. Miltersen and Svein-Arne Persson
Temple University - Risk Management & Insurance & Actuarial Science, Copenhagen Business School and Norwegian School of Economics (NHH)
Downloads 304 (111,468)
Citation 4

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life insurance, interest rate guarantees, universal life, bonus account, Sharpe ratios

32.

Capital Allocation and the Pricing of Financially Intermediated Risks: An Empirical Investigation

Number of pages: 51 Posted: 28 Jun 2006
Richard D. Phillips, J David Cummins and Yijia Lin
Georgia State University - Risk Management & Insurance Department, Temple University - Risk Management & Insurance & Actuarial Science and University of Nebraska at Lincoln - Department of Finance
Downloads 274 (124,437)
Citation 5

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Capital allocation, Insurance, Prices

33.

Risky Loss Distributions and Modeling the Loss Reserve Payout Tail

Number of pages: 34 Posted: 01 Nov 2004
J David Cummins, James McDonald and Craig B. Merrill
Temple University - Risk Management & Insurance & Actuarial Science, Brigham Young University and Brigham Young University
Downloads 263 (129,894)
Citation 2

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Loss distributions, loss reserves, generalized beta distribution, liability insurance

34.

Market Value Relevance of Frontier Efficiency: Evidence from U.S. Property-Liability Insurance Acquisitions and Divestitures

Number of pages: 35 Posted: 17 Jan 2008
J David Cummins and Xiaoying Xie
Temple University - Risk Management & Insurance & Actuarial Science and California State University, Fullerton
Downloads 241 (141,870)
Citation 3

Abstract:

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Insurance, data envelopment analysis, acquisitions, divestitures, event study

35.

Innovations in Insurance Markets: Hybrid and Securitized Risk Transfer Solutions

Dionne's Handbook of Insurance, 2nd edition, 2013
Number of pages: 72 Posted: 26 Feb 2014
J David Cummins and Pauline M. Barrieu
Temple University - Risk Management & Insurance & Actuarial Science and London School of Economics & Political Science (LSE)
Downloads 232 (147,125)

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Insurance, reinsurance, securitization, cat bonds, industry loss warranties, sidecars

36.

Federal Financial Exposure to Natural Catastrophe Risk

Number of pages: 36 Posted: 14 Dec 2007
J David Cummins, Michael Suher and George H. Zanjani
Temple University - Risk Management & Insurance & Actuarial Science, Brown University and Georgia State University - Risk Management & Insurance Department
Downloads 198 (170,915)
Citation 3

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catastrophes, disaster relief, federal budget, loss distributions

37.

Competition, Efficiency, and Soundness in European Life Insurance Markets

Journal of Financial Stability, Vol. 28, No. 1, 2017
Number of pages: 13 Posted: 18 Jun 2016 Last Revised: 08 May 2017
J David Cummins, María Rubio-Misas and Dev V. Vencappa
Temple University - Risk Management & Insurance & Actuarial Science, University of Malaga - Finance & Accounting and Nottingham University Business School
Downloads 184 (182,607)
Citation 4

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European Life Insurance Markets, Convergence, Metafrontiers, Cost and Revenue Efficiency, Environmental Factors

38.

Organizational Form, Ownership Structure, and Top Executive Turnover: Evidence from the Property-Casualty Insurance Industry

Number of pages: 51 Posted: 18 Sep 2013
Jiang Cheng, J David Cummins and Tzuting Lin
Shanghai University of Finance and Economics - Department of Finance, Temple University - Risk Management & Insurance & Actuarial Science and National Taiwan University - Department of Finance
Downloads 180 (186,121)
Citation 4

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Organizational form, Ownership structure, CEO turnover, Family-owned firms, Mutuals, Closely-held stocks

39.

The Reinsurance Network Among U.S. Property-Casualty Insurers: Microstructure, Insolvency Risk, and Contagion

Journal of Risk and Insurance, 87(2): 253-284, June 2020
Number of pages: 66 Posted: 08 Feb 2015 Last Revised: 11 May 2020
Hua Chen, J David Cummins, Tao Sun and Mary A. Weiss
University of Hawaii at Manoa, Temple University - Risk Management & Insurance & Actuarial Science, Lingnan University and Temple University
Downloads 175 (190,815)

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Reinsurance, network analysis, insolvency, contagion, systemic risk, property-casualty insurance

40.

The Incentive Effects of No-Fault Automobile Insurance

Number of pages: 40 Posted: 27 Oct 1999
J David Cummins, Mary A. Weiss and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Georgia State University - Risk Management & Insurance Department
Downloads 152
Citation 1

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41.

Determinants of Mergers and Acquisitions: Evidence from the Insurance Industry

Number of pages: 50 Posted: 08 Dec 2019
J David Cummins and María Rubio-Misas
Temple University - Risk Management & Insurance & Actuarial Science and University of Malaga - Finance & Accounting
Downloads 138 (232,491)

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Mergers and Acquisitions; Ownership Type; Performance; Diversification; Financial Crisis; Insurance Industry

42.

Accounting Conservatism in the Property-Liability Insurance Industry

Fox School of Business Research Paper No. 17-008
Number of pages: 58 Posted: 13 Feb 2017 Last Revised: 03 Aug 2020
J David Cummins, Mary A. Weiss and Juan Zhang
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and NAIC
Downloads 126 (249,516)

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Ex-ante conservatism, Ex-post conservatism, Loss reserves, Nonlinear relationship, Opportunity cost

43.

Longevity Bond Premiums: The Extreme Value Approach and Risk Cubic Pricing

Insurance: Mathematics and Economics, Vol. 46, No. 1, 2010
Number of pages: 41 Posted: 24 Apr 2014
Hua Chen and J David Cummins
University of Hawaii at Manoa and Temple University - Risk Management & Insurance & Actuarial Science
Downloads 105 (284,543)
Citation 1

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securitization; longevity risk; extreme value theory; bond spreads

44.

Equity Capital, Internal Capital Markets, and Optimal Capital Structure in the U.S. Property-Casualty Insurance Industry

Fox School of Business Research Paper No. 16-030
Number of pages: 59 Posted: 20 Sep 2016 Last Revised: 16 Dec 2016
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 100 (294,117)

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property-casualty insurance, optimal capital structure, internal capital markets, underwriting cycles, reinsurance

45.

Earnings Management Surrounding Forced CEO Turnover: Evidence from the U.S. Property-Casualty Insurance Industry

Fox School of Business Research Paper No. 18-052
Number of pages: 42 Posted: 21 Aug 2018 Last Revised: 23 Jan 2019
Jiang Cheng, J David Cummins and Tzuting Lin
Lingnan University, Temple University - Risk Management & Insurance & Actuarial Science and National Taiwan University - Department of Finance
Downloads 72 (359,096)

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CEO Turnover, Earnings Management, Reserve Error, Ownership Structure, Property-Casualty Insurance

46.

Efficiency and Productivity in the US Property-Liability Insurance Industry: Ownership Structure, Product and Distribution Strategies

Number of pages: 71 Posted: 23 Sep 2016
J David Cummins and Xiaoying Xie
Temple University - Risk Management & Insurance & Actuarial Science and California State University, Fullerton
Downloads 50 (429,346)
Citation 4

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property-liability insurance, productivity, data envelopment analysis (DEA), Malmquist index, mutual insurers, distribution systems, diversification

47.

The Economics of Insurance Intermediaries

Journal of Risk & Insurance, Vol. 73, No. 3, pp. 359-396, September 2006
Number of pages: 38 Posted: 07 Sep 2006
J David Cummins and Neil A. Doherty
Temple University - Risk Management & Insurance & Actuarial Science and University of Pennsylvania - Insurance & Risk Management Department
Downloads 24 (551,557)
Citation 2
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48.

The Demand for Insurance with an Upper Limit on Coverage

Number of pages: 12 Posted: 06 Jul 2004
J David Cummins and Olivier Mahul
Temple University - Risk Management & Insurance & Actuarial Science and World Bank - Financial Sector Development
Downloads 23 (557,735)
Citation 4
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49.

Securitization, Insurance, and Reinsurance

Journal of Risk and Insurance, Vol. 76, Issue 3, pp. 463-492, September 2009
Number of pages: 30 Posted: 13 Oct 2009
J David Cummins and Philippe Trainar
Temple University - Risk Management & Insurance & Actuarial Science and affiliation not provided to SSRN
Downloads 5 (681,757)
Citation 2
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50.

Convergence of Insurance and Financial Markets: Hybrid and Securitized Risk-Transfer Solutions

Journal of Risk and Insurance, Vol. 76, Issue 3, pp. 493-545, September 2009
Number of pages: 53 Posted: 13 Oct 2009
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University
Downloads 3 (697,522)
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51.

Insurance Market Dynamics: Between Global Developments and Local Contingencies

Risk Management and Insurance Review, Vol. 11, Issue 2, pp. 295-326, 2008
Number of pages: 32 Posted: 09 Apr 2012
J David Cummins and Bertrand Venard
Temple University - Risk Management & Insurance & Actuarial Science and Audencia Nantes School of Management
Downloads 2 (707,579)
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52.

Organizational Form, Ownership Structure, and CEO Turnover: Evidence from the Property–Casualty Insurance Industry

Journal of Risk and Insurance, Vol. 84, Issue 1, pp. 95-126, 2017
Number of pages: 32 Posted: 06 Feb 2017
Jiang Cheng, J David Cummins and Tzuting Lin
Shanghai Jiao Tong University (SJTU), Temple University - Risk Management & Insurance & Actuarial Science and National Taiwan University - Department of Finance
Downloads 1 (719,801)
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53.

Systemic Risk and the Interconnectedness between Banks and Insurers: An Econometric Analysis

Journal of Risk and Insurance, Vol. 81, Issue 3, pp. 623-652, 2014
Number of pages: 30 Posted: 20 Aug 2014
J David Cummins, Krupa S. Viswanathan and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science, Temple University - Department of Risk, Insurance, and Healthcare and Temple University
Downloads 1 (719,801)
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54.

Cat Bonds and Other Risk‐Linked Securities: State of the Market and Recent Developments

Risk Management and Insurance Review, Vol. 11, Issue 1, pp. 23-47, 2008
Number of pages: 25 Posted: 09 Apr 2012
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science
Downloads 1 (719,801)
Citation 3
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55.

Reinsurance for Natural and Man‐Made Catastrophes in the United States: Current State of the Market and Regulatory Reforms

Risk Management and Insurance Review, Vol. 10, Issue 2, pp. 179-220, 2007
Number of pages: 42 Posted: 09 Apr 2012
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science
Downloads 1 (719,801)
Citation 13
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56.

Enterprise Risk Management and Economies of Scale and Scope: Evidence from the German Insurance Industry

Annals of Operations Research, Forthcoming
Posted: 27 Nov 2018 Last Revised: 23 Sep 2019
Muhammed Altuntas, Thomas Berry-Stölzle and J David Cummins
University of Cologne - Department of Risk Management and Insurance, University of Iowa - Department of Finance and Temple University - Risk Management & Insurance & Actuarial Science

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Enterprise Risk Management, Economies of Scale, Economies of Scope, Firm Efficiency, Insurance Industry

57.

INTEGRATION AND CONVERGENCE IN EFFICIENCY AND TECHNOLOGY GAP OF EUROPEAN LIFE INSURANCE MARKETS

Posted: 11 May 2017 Last Revised: 13 Oct 2020
J David Cummins and María Rubio-Misas
Temple University - Risk Management & Insurance & Actuarial Science and University of Malaga - Finance & Accounting

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Data Envelopment Analysis Meta-frontier; Cost and Revenue efficiency; Convergence; EU life insurance markets; Financial crisiss

58.

Equity Capital, Internal Capital Markets, and Optimal Capital Structure in the US Property-Casualty Insurance Industry

Annual Review of Financial Economics, Vol. 8, pp. 121-153, 2016
Posted: 18 Nov 2016
J David Cummins and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science and Temple University

Abstract:

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59.

Optimal Capital Utilization by Financial Firms: Evidence from the Property-Liability Insurance Industry

Posted: 19 Jun 2003
J David Cummins
Temple University - Risk Management & Insurance & Actuarial Science

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Data envelopment analysis, capital structure, efficiency, property-liability insurance, organizational form

60.

Capitalization of the Property-Liability Insurance Industry: Overview

Posted: 08 Mar 2003
J David Cummins and Neil A. Doherty
Temple University - Risk Management & Insurance & Actuarial Science and University of Pennsylvania - Insurance & Risk Management Department

Abstract:

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Capital structure, property-liability insurance, organizational form, insolvency risk, financial ratings, efficiency

61.

An Asian Option Approach to the Valuation of Insurance Futures Contracts

WFIC Paper 94-03
Posted: 22 Aug 1998
J David Cummins and Hélyette Geman
Temple University - Risk Management & Insurance & Actuarial Science and University of London - Economics, Mathematics and Statistics

Abstract:

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62.

Efficiency, Scale Economies and Consolidation in the U.S. Life Insurance Industry

WFIC Working Paper No. 98-08
Posted: 03 Aug 1998
J David Cummins, Sharon L. Tennyson and Mary A. Weiss
Temple University - Risk Management & Insurance & Actuarial Science, Cornell University - Department of Policy Analysis & Management (PAM) and Temple University

Abstract:

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63.

Pricing Excess-of-Loss Reinsurance Contracts Against Catastrophic Loss

WFIC 98-09
Posted: 03 Aug 1998
J David Cummins, Christopher M. Lewis and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, The Hartford and Georgia State University - Risk Management & Insurance Department

Abstract:

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64.

Financial Pricing of Insurance in Multiple Line Insurance Companies

96-09
Posted: 25 Jun 1998
Richard D. Phillips, J David Cummins and Franklin Allen
Georgia State University - Risk Management & Insurance Department, Temple University - Risk Management & Insurance & Actuarial Science and Imperial College London

Abstract:

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65.

The Coexistence of Multiple Distribution Systems for Financial Services: The Case of Property-Liability Insurance

Posted: 26 May 1998
Allen N. Berger, J David Cummins and Mary A. Weiss
University of South Carolina - Darla Moore School of Business, Temple University - Risk Management & Insurance & Actuarial Science and Temple University

Abstract:

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66.

Measuring Cost Efficiency in the U.S. Life Insurance Industry: Econometric and Mathematical Programming Approaches

WFIC Working Paper 97-03
Posted: 19 Mar 1997
J David Cummins and Hongmin Zi
Temple University - Risk Management & Insurance & Actuarial Science and Hong-Ik University

Abstract:

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67.

Corporate Hedging in the Insurance Industry: The Use of Financial Derivatives by U.S. Insurers

FRB Atlanta Working Paper 96-19
Posted: 09 Jul 1996
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)

Abstract:

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