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

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

67

DOWNLOADS
Rank 1,299

SSRN RANKINGS

Top 1,299

in Total Papers Downloads

27,640

SSRN CITATIONS
Rank 2,197

SSRN RANKINGS

Top 2,197

in Total Papers Citations

316

CROSSREF CITATIONS

287

Scholarly Papers (67)

Actions:
Email selected abstracts
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 2,727 (5,968)

Abstract:

Loading...

2.

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

Downloads 2,519 ( 6,775)
Citation 10

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 2,462 (6,896)
Citation 11

Abstract:

Loading...

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 57 (458,869)
Citation 3

Abstract:

Loading...

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 1,713 (12,625)
Citation 14

Abstract:

Loading...

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

4.

The Costs and Benefits of Reinsurance

Number of pages: 33 Posted: 11 Jun 2008 Last Revised: 11 Feb 2021
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 1,493 (15,685)
Citation 19

Abstract:

Loading...

Reinsurance, insolvency risk, risk management, financial intermediation, cost function, panel data.

5.

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 1,478 (15,958)
Citation 14

Abstract:

Loading...

Insurance, European insurance industry, mergers, event study

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 1,364 (18,023)
Citation 20

Abstract:

Loading...

Operational risk, event study, banking, insurance

7.

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 1,079 (25,504)
Citation 10

Abstract:

Loading...

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

8.

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 1,043 (26,762)
Citation 29

Abstract:

Loading...

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

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 748 (42,532)
Citation 10

Abstract:

Loading...

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 681 (48,302)
Citation 19

Abstract:

Loading...

11.

Systemic Risk and the U.S. Insurance Sector

Downloads 673 ( 49,076)
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 671 (48,614)
Citation 12

Abstract:

Loading...

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 (816,076)
Citation 26
  • Add to Cart

Abstract:

Loading...

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 605 (56,303)
Citation 3

Abstract:

Loading...

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 581 (59,215)
Citation 15

Abstract:

Loading...

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

14.

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

Downloads 563 ( 61,598)
Citation 7

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 310 (122,987)
Citation 1

Abstract:

Loading...

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 253 (152,063)
Citation 1

Abstract:

Loading...

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

15.

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 561 (62,038)
Citation 11

Abstract:

Loading...

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

16.

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 556 (62,604)
Citation 12

Abstract:

Loading...

17.

Estimating the Cost of Equity Capital for Property-Liability Insurers

Downloads 547 ( 63,890)
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 515 (68,175)
Citation 21

Abstract:

Loading...

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 32 (578,913)
Citation 4
  • Add to Cart

Abstract:

Loading...

18.

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 547 (63,890)
Citation 7

Abstract:

Loading...

19.

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 542 (64,605)
Citation 1

Abstract:

Loading...

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

20.

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 528 (66,800)
Citation 5

Abstract:

Loading...

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

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 440 (83,331)
Citation 8

Abstract:

Loading...

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 430 (85,618)
Citation 3

Abstract:

Loading...

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

23.

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, Aalborg University Business School and Temple University
Downloads 429 (85,857)
Citation 2

Abstract:

Loading...

Mergers, acquisitions, insurance industry, event study

24.

An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

Downloads 427 ( 86,329)
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 379 (98,304)

Abstract:

Loading...

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: 22 May 2021
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 48 (496,089)
Citation 8

Abstract:

Loading...

25.

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 398 (93,639)
Citation 13

Abstract:

Loading...

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

26.

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 394 (94,700)
Citation 24

Abstract:

Loading...

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

27.

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 370 (101,837)
Citation 6

Abstract:

Loading...

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

28.

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 360 (105,026)
Citation 4

Abstract:

Loading...

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

29.

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 356 (106,362)
Citation 3

Abstract:

Loading...

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

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 333 (114,558)
Citation 2

Abstract:

Loading...

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 313 (122,474)
Citation 4

Abstract:

Loading...

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 289 (133,322)
Citation 6

Abstract:

Loading...

Capital allocation, Insurance, Prices

33.

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 278 (138,741)

Abstract:

Loading...

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

34.

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 268 (144,128)
Citation 2

Abstract:

Loading...

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

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 248 (155,706)
Citation 1

Abstract:

Loading...

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

36.

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 245 (157,527)
Citation 3

Abstract:

Loading...

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

37.

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, Board of Governors of the Federal Reserve System and University of Alabama - Department of Economics, Finance and Legal Studies
Downloads 204 (187,413)
Citation 3

Abstract:

Loading...

catastrophes, disaster relief, federal budget, loss distributions

38.

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 196 (194,425)
Citation 5

Abstract:

Loading...

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

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 192 (198,010)

Abstract:

Loading...

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

40.

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 184 (205,698)
Citation 4

Abstract:

Loading...

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

41.

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 158
Citation 1

Abstract:

Loading...

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 150 (244,596)

Abstract:

Loading...

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

43.

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 118 (293,844)

Abstract:

Loading...

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

44.

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 109 (310,647)
Citation 3

Abstract:

Loading...

securitization; longevity risk; extreme value theory; bond spreads

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 87 (359,366)

Abstract:

Loading...

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 55 (459,402)
Citation 4

Abstract:

Loading...

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 (614,139)
Citation 3
  • Add to Cart

Abstract:

Loading...

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 (620,903)
Citation 6
  • Add to Cart

Abstract:

Loading...

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 (756,652)
Citation 2
  • Add to Cart

Abstract:

Loading...

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 (772,181)
  • Add to Cart

Abstract:

Loading...

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 (781,504)
  • Add to Cart

Abstract:

Loading...

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 (792,913)
  • Add to Cart

Abstract:

Loading...

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 (792,913)
  • Add to Cart

Abstract:

Loading...

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 (792,913)
Citation 2
  • Add to Cart

Abstract:

Loading...

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 (792,913)
Citation 12
  • Add to Cart

Abstract:

Loading...

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

Abstract:

Loading...

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

Abstract:

Loading...

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:

Loading...

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

Abstract:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...

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:

Loading...