Daily Return Behavior of the Insurance Industry: The Case of Contingent Commission. Jiang Cheng Elyas Elyasiani Tzuting Lin Temple University 2007 ARIA Annual Meeting, Quebec City. Motivation.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
2007 ARIA Annual Meeting, Quebec City
direct writer + exclusive agents
independent agents + brokers
pros: alignment of interests between insurers and brokers
cons: the potential conflict of interest for brokers and against the buyers