Global Reinsurance Masterclass series: 2. Fit for purpose?

The reinsurance industry is a secondary industry. It exists to serve the needs of a primary insurance industry: so trends in insurance are likely to change the kinds of products which insurance companies need from reinsurers. This Masterclass focuses on the buyers of reinsurance - the primary insurers, whose world is rapidly changing - and shows how reinsurers need to position themselves to continue

to attract insurers' premium.

Updated: 15/10/2013
Comments:
Views: 11,038

Reverse Knowledge Transfer from Subsidiaries to Multinational Companies: Examples From South Korea

Author(s):

Chris Rowley

 et al.

The debate around primary determinants influencing Reverse Knowledge Transfer has yet to attain academic consensus. This paper draws an overall picture of Reverse Knowledge Transfer from subsidiaries to parent firms, particularly in the context of an energetic emerging market, by incorporating all the different facets of the phenomenon. The research is based on a sample of subsidiary companies located in South Korea.

Updated: 09/02/2017
Comments: 12
Views: 11,005

Human resource management in market scenarios: people management and the global economic crisis

The post-2008 global 'credit crunch' and consequent impact on real economies and business problems remain popular discussion topics for not just management and business, but also in the media, political and popular discourse. The impacts of the 'crunch' on the economy and management are wide and deep.

Updated: 03/01/2015
Comments: 49
Views: 10,954

Do industry clusters work?

Government policy in the UK and in many other countries has been heavily influenced in recent years by the idea of 'regional clustering' as a motor for economic development. The belief is that a concentration of firms, resources and infrastructure in an industry has benefits for firms and for the region as a whole, especially in innovation.

Updated: 28/12/2014
Comments: 22
Views: 10,876

Continuous Chain Ladder: Reformulating a classical insurance problem

Author(s):

Jens Nielsen

 et al.

The estimate of outstanding liabilities is of immense importance to non-life insurance companies. The task of estimating this number is frequently left to actuaries. This paper introduces a number of new methodologies and approaches to estimating outstanding liabilities in non-life insurance, and invites greater participation from operational research statisticians in improving research into the matter.

Updated: 09/02/2017
Comments:
Views: 10,787

Default funds in UK-defined contribution pension plans

We analyse the range of default funds offered by UK 'stakeholder' DC plans, which by law must offer a default fund.

Updated: 05/01/2015
Comments: 8
Views: 10,619

'Deep change' to banking ethos needed.

Author(s):

Andre Spicer

Industry:
Banking

How best to respond to the iniquities uncovered within the financial sector in recent years? Better communication, harsher punishments and stronger regulation have been touted as ways to hold banks to account - but it is important to look more deeply to achieve real and lasting change. Professor André Spicer assesses the options.

Updated: 11/01/2013
Comments:
Views: 10,499

Job Satisfaction and Quality Management: An Empirical Analysis


Quality management requires increasing employee involvement, with the aim of attaining improved employee and customer satisfaction. However, although it may lead to increasing job demands and intensification, the evidence of an association between employee job satisfaction and quality management remains mixed and narrow. This study investigates this link in the wider economy, and addresses the role of human resource management practices that target direct employee participation (job enrichment and high involvement management) in this relationship.

Updated: 09/02/2017
Comments: 11
Views: 10,411

Why do foreign banks stay in London?

Author(s):

Andrew Clare

Industry:
Banking

In recent light of the Independent Banking Commission's new report on reforming the banking sector, there is a new worry that some of the world's largest investment banks will leave London for countries that offer better incentives and benefits. However, a Cass research team has found that financial institutions may find there are different benefits to continuing operations in London.

Updated: 05/01/2015
Comments: 12
Views: 10,402