SHORT-TERM EQUITY TRADING PRACTICES OF INSTITUTIONAL INVESTORS: EVIDENCE FROM PROPERTY-CASUALTY INSURERS IN THE UNITED STATES
In addition to premiums, investment income is one of the two main sources of capital for property-casualty (P/C) insurance companies. This study investigates short-term equity trading behavior of P/C insurers in the United States in 2007 and 2008, and finds that over 27 percent of non-group affilia...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics, University of Tuzla
2013-11-01
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Series: | Economic Review |
Subjects: | |
Online Access: | http://www.ef.untz.ba/images/Casopis/november2013/Paper1november2013.pdf |