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@article{ART002112254},
author={Kim, Hunsoo and Jaehyun Kim and Kim, Giduk},
title={A Qualitative Study on Solidarity Characteristics of Life Insurance Industry},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2016},
volume={27},
number={2},
pages={45-80},
doi={10.23842/jif.2016.27.2.002}

TY - JOUR
AU - Kim, Hunsoo
AU - Jaehyun Kim
AU - Kim, Giduk
TI - A Qualitative Study on Solidarity Characteristics of Life Insurance Industry
JO - Journal of Insurance and Finance
PY - 2016
VL - 27
IS - 2
PB - Korea Insurance Research Institute
SP - 45
EP - 80
SN - 2384-3209
AB - Most literature on the Korean life insurance industry have focused on economic and management concepts such as competitiveness, performance, and efficiency. This study; however, qualitatively investigates the characteristics of the Korean life insurance industry based on the social solidarity concept. In the beginning, the Korean life insurance industry had grown oligopolistically but it has developed very competitively after the market opening in late 1980s. This paper examines the solidarity characteristics of the life insurance industry in Korea by a content analysis with a hypothesis that it must be changed over the decades. The research result shows that the life insurance industry in 1970s could be viewed as ‘bureaucratic solidarity’ strongly, which is evidenced based on Kang(2006)’s solidarity classification standard. It demonstrated the characteristics of ‘strategic solidarity’ right after the life insurance market opening in 1986. However, it also pursued ‘moral solidarity while respecting consumers’ autonomy since 1990s when the influence of consumers became stronger.
KW - life insurance;Korean life insurance industry;solidarity;social solidarity;solidarity characteristics;content analysis
DO - 10.23842/jif.2016.27.2.002
ER -

Kim, Hunsoo, Jaehyun Kim and Kim, Giduk. (2016). A Qualitative Study on Solidarity Characteristics of Life Insurance Industry. Journal of Insurance and Finance, 27(2), 45-80.

Kim, Hunsoo, Jaehyun Kim and Kim, Giduk. 2016, "A Qualitative Study on Solidarity Characteristics of Life Insurance Industry", Journal of Insurance and Finance, vol.27, no.2 pp.45-80. Available from: doi:10.23842/jif.2016.27.2.002

Kim, Hunsoo, Jaehyun Kim, Kim, Giduk "A Qualitative Study on Solidarity Characteristics of Life Insurance Industry" Journal of Insurance and Finance 27.2 pp.45-80 (2016) : 45.

Kim, Hunsoo, Jaehyun Kim, Kim, Giduk. A Qualitative Study on Solidarity Characteristics of Life Insurance Industry. 2016; 27(2), 45-80. Available from: doi:10.23842/jif.2016.27.2.002

Kim, Hunsoo, Jaehyun Kim and Kim, Giduk. "A Qualitative Study on Solidarity Characteristics of Life Insurance Industry" Journal of Insurance and Finance 27, no.2 (2016) : 45-80.doi: 10.23842/jif.2016.27.2.002

Kim, Hunsoo; Jaehyun Kim; Kim, Giduk. A Qualitative Study on Solidarity Characteristics of Life Insurance Industry. Journal of Insurance and Finance, 27(2), 45-80. doi: 10.23842/jif.2016.27.2.002

Kim, Hunsoo; Jaehyun Kim; Kim, Giduk. A Qualitative Study on Solidarity Characteristics of Life Insurance Industry. Journal of Insurance and Finance. 2016; 27(2) 45-80. doi: 10.23842/jif.2016.27.2.002

Kim, Hunsoo, Jaehyun Kim, Kim, Giduk. A Qualitative Study on Solidarity Characteristics of Life Insurance Industry. 2016; 27(2), 45-80. Available from: doi:10.23842/jif.2016.27.2.002

Kim, Hunsoo, Jaehyun Kim and Kim, Giduk. "A Qualitative Study on Solidarity Characteristics of Life Insurance Industry" Journal of Insurance and Finance 27, no.2 (2016) : 45-80.doi: 10.23842/jif.2016.27.2.002