COVID-19, insurer board utility, and capital regulation #MMPMID32837371
Li X; Lin P; Lin JH
Financ Res Lett 2020[Oct]; 36 (ä): 101659 PMID32837371show ga
?COVID-19 event has been a primary driver of market volatility.?COVID-19 outbreak and capital regulation increase insurance businesses.?Capital regulation further enhances optimal guaranteed rate as COVID-19 serious.?Capital regulation enhances board's utility decreased as COVID-19 serious.?Conflicts of incentives between the insurer and its board arise.