Emerging Markets Finance and Trade · 2020 · 131 citations · 11 references
The insurance market has been greatly impacted by the outbreak of the COVID‑19 pandemic. The study aims to assess how COVID‑19 has impacted China’s insurance market. Monthly provincial panel data and fixed‑effects models were employed to conduct the analysis. The study finds that commercial insurance premium income, the monthly year‑on‑year growth rate of premium, insurance density, and insurance depth all decreased due to COVID‑19, with significant negative impacts on property and personal insurances, and suggests that raising social security and digital insurance levels can alleviate these adverse effects.
The insurance market has been greatly impacted by the outbreak of the COVID-19 pandemic. We employ monthly provincial panel data and fixed-effects models to study how COVID-19 has impacted China's insurance market. The study finds that the commercial insurance premium income, the monthly year-on-year growth rate of premium, insurance density, and insurance depth have all decreased due to COVID-19. The negative impacts on property and personal insurances are both statistically significant. Raising the level of social security and digital insurance can alleviate the adverse impact of the pandemic on the insurance market.
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COVID-19 and Corporate Performance in the Energy Industry
Mengyao Fu, Huayu Shen · Energy RESEARCH LETTERS · 2020 · 311 citations · Full text