Thesis PlanB (M.S.)--University of Wisconsin--Stout, 2008. / Includes bibliographical references.

This study is an investigation of the theoretical accounting viewpoints and the accounting procedures used in business practice for the origination and administration of a self-insurance program. The purpose of this study is to compare the correct theoretical accounting procedures for self-insurance planning with those used in practice today.

Submitted by Bruno Teixeira (brunost@fgvmail.br) on 2010-08-08T00:49:57Z No. of bitstreams: 1 dissertacao_BST.pdf: 686654 bytes, checksum: dbe7eb1e4db75c845b33d0a1017c5910 (MD5) / Approved for entry into archive by Andrea Virginio Machado(andrea.machado@fgv.br) on 2010-08-09T11:51:33Z (GMT) No. of bitstreams: 1 dissertacao_BST.pdf: 686654 bytes, checksum: dbe7eb1e4db75c845b33d0a1017c5910 (MD5) / Made available in DSpace on 2010-08-11T12:40:57Z (GMT). No. of bitstreams: 1 dissertacao_BST.pdf: 686654 bytes, checksum: dbe7eb1e4db75c845b33d0a1017c5910 (MD5) Previous issue date: 2010-06-24 / A version of the Aiyagari (1994) model with a liquidity shock is developed in this work. The model has Huggett (1993) and Aiyagari (1994) as particular cases, but the general one allows for two assets in the economy, a liquid and an illiquid one. Using two di erent assets implies in two returns clearing the market, so the computational strategy used by Aiyagari and Hugget does not work here. Therefore, Scarf's triangulation algorithm replaces it. Our computational experiment shows that the equilibrium return of the liquid asset is smaller than the return of the illiquid one. In addition, poor people carry relatively more of the liquid asset, which is a source of inequality that is not present in the Aiyagari's work. / Neste trabalho é desenvolvida uma versão do modelo de Aiyagari (1994) com choque de liquidez. Este modelo tem Huggett (1993) e Aiyagari (1994) como casos particulares, mas esta generalização permite dois ativos distintos na economia, um líquido e outro ilíquido. Usar dois ativos diferentes implica em dois retornos afetando o 'market clearing', logo, a estratégia computacional usada por Aiyagari e Hugget não funciona. Consequentemente, a triangulação de Scarf substitui o algoritmo. Este experimento computacional mostra que o retorno em equilíbrio do ativo líquido é menor do que o retorno do ilíquido. Além disso, pessoas pobres carregam relativamente mais o ativo líquido, e essa desigualdade não aparece no modelo de Aiyagari.

The purpose of this study was to examine the total direct costs of occupational injuries as they relate to workers compensation allocations within a self-insured firm. Through the use of a model, this study provides financial impact information for safety professionals by defining the total direct costs of occupational injuries. The investigator constructed a model which traced actual workers compensation allocations over a five year period at a division of Hewlett-Packard in Corvallis, Oregon. The objective of this model was to compare actual workers compensation cost history with that of adjusted workers compensation cost data to determine the total direct costs that occupational injuries have on the division's workers compensation cost allocations. This study indicated that injuries produce cost impacts to divisions well beyond the injury compensation costs reported by insurance carrier payment summaries. The study at this specific Hewlett-Packard division in Oregon indicated total costs at 1.7 to 1.9 times the actual cost of workers compensation reimbursements. This study supports the need to continue research efforts that will further refine the identification of total injury costs and the impact these losses have on the business performance of a company. / Graduation date: 1993

The present study aims to contribute to insurance sector by investigating the risk reduction mechanisms: self-insurance, self-protection, and market insurance. First, individual valuations/demands for these mechanisms in fire and earthquake events are analyzed through conducting an experiment to 78 students from Middle East Technical University In addition, the effects of risk attitude, personality traits, and demographic variables (that are measured through using a questionnaire) on valuations to these precautionary actions&rsquo / are examined. The findings show that, consistent with the theory, self-insurance and market insurance are substitutes to each other / contrary to the theory, self-protection and market insurance are not complements, they are also substitutes to each other. Further, individuals prefer self-protection and self-insurance to market insurance for both fire and earthquake events. Lastly, individual investment attitude is found to affect the valuations of these three risk reduction mechanisms positively concluding that people perceive these mechanisms as an investment tool.

The research project intends to investigate the responses of households to economic uncertainty and natural shocks and the coping strategies developed both in terms of growing migration rates and remittance inflows and of increasing labour supply. In the first Chapter, we employ household survey data from the Indian State of Kerala to evaluate how transfers of remittances sent from overseas respond to heterogeneous sectoral employment shocks experienced by migrants in the host country during the 2008 crisis. In the second chapter, migration and remittances have been investigated as coping strategies adopted by households after a dramatic flood that hit Bangladesh in August-September 2014. The combination of high-resolution satellite data to precisely measure our treatment variable and the difference-in-difference estimations allow us to causally identify the impact of the dramatic flooding on internal and international migration. The same robust estimation technique is then applied to evaluate the effect of the 2014 flood in Bangladesh on female labour force participation rate and on the probability for unemployed women to enter the labour force. In addition, correcting for selection into employment, we estimate how the flood affects the probability for women working in the household farm to engage in independent wage-earning activities, evaluatiing whether the expected rise in female labour force participation - instrumented by the shock intensity they face - would help to increase their bargaining power within the households.

Crop insurance is an essential risk management tool for America's agricultural producers because a single crop failure or disastrous year can eliminate the results of multiple years of profitability. Crop insurance is designed to provide financial protection to farmers; however, insurance managers who lack managerial underwriting strategies disrupt companies to the point of financial distress. Self-insurance and self-protection theory were the conceptual frameworks for this single-case study to explore successful strategies that insurance managers used to mitigate net underwriting losses. Four insurance and senior strategic managers from an insurance company in the midwestern United States were recruited through a purposeful sampling method to participate in semistructured interviews. Data gathered from these interviews and from the company's website and its public financial reports were analyzed through a reflective interpretation process, which was guided by the Van Kaam method. Five themes that emerged from this study, including disruptive technology, traditional underwriter vs. integrated profit-and-loss expert, streamlined applications by in-house technology or strategic alliances, opportunity assessment, and underwriting discipline. By implementing executive support for strategies to mitigate net underwriting losses, managers of crop insurance companies can overcome the challenges of net underwriting losses. The findings from this study may promote positive social change by lowering insurance premiums to the farm community and enabling managers to reduce risk to companies and farmers by distributing financial risk across a pool of participants thus enriching the stakeholders' investments.

企業處於現今的經濟環境，其所面臨之風險是多變的，若無防範於未然，倒閉危機將可能發生之結果。尤旅行業屬於高度競爭之產業，業者為求永續經營與維護消費者之權益，更應對可能衍生之風險，落實風險管理。 本研究以風險管理觀點出發，分析旅行業如何辨識並衡量其可能面臨之風險，選擇其風險控制之工具，後續進一步針對旅行業者倒閉風險之風險分散機制探討。旅行業除了投保商業履約保證保險外，另外研究自我保證之可行性。 本研究認為若旅行業採用自我保證方式來取代商業性履約保證保險，將可解決旅行業、銀行與保險公司三方爭議，並享有低費率之履約保證，且同時兼顧消費者之權益。實務上，若要將自我保證付諸實行，仍是有待主管機關、業者、學者研議解決有關法源依據、自我保證基金不足以因應賠款之情事及監督管理辦法等問題。 / Under the current economic environment, enterprises face capricious type of risks. In the absence of preventive measures, enterprises might face the risk of insolvency. This is especially true with the travel business because it is in a highly competitive industry. In order to achieve sustainable operation and protect consumers’ rights and interests, the travel business is advised to implement risk management concept for the risks it is likely to derive. From the point of view of the risk management, the study analyzes the method to identify and measure the risks that the travel industry is likely to face, and it also helps to choose the risk control tools. Furthermore, the study discusses the risk diversification mechanism for insolvency. Besides purchasing the commercial performance bond, the study also analyses the possibility of self-insurance. The study believes that by implementing self-insurance instead of the commercial performance bond, the travel industry will not only solve the tripartite dispute among the industry, banks and insurance companies would also benefit from the lower rates. At the same time, it also takes account of consumers’ interests. In order to put self-insurance into practice, we still require the regulator, industry and academics to resolve the legal issues, insolvency problem of self-guarantee fund, management issues, and the supervision measures to such problems.

Thèse numérisée par la Division de la gestion de documents et des archives de l'Université de Montréal.

Thèse numérisée par la Division de la gestion de documents et des archives de l'Université de Montréal