@article{ART002654761},
author={Min Cheol Woo},
title={Analysis on Strategy of Insurance Investors},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2020},
volume={31},
number={4},
pages={83-115},
doi={10.23842/jif.2020.31.4.003}
TY - JOUR
AU - Min Cheol Woo
TI - Analysis on Strategy of Insurance Investors
JO - Journal of Insurance and Finance
PY - 2020
VL - 31
IS - 4
PB - Korea Insurance Research Institute
SP - 83
EP - 115
SN - 2384-3209
AB - This study investigates the investment strategies of insurance investors. In particular, we focus on the difference in trading strategy between life insurance and non-life insurance.
Insurance investors take contrarian strategies by buying losers and selling winners as with prior research. Life insurance investors take contrarian strategies, while non-life insurance investors take momentum strategy. These results were consistent not only in analyses using market index and industry indices, but also in analyses using individual stocks.
This study is the first research that compared and analyzed by life insurance and non- life insurance and has great significance in that it shows there is a difference in investment strategy between the two insurers.
KW - Insurance Investors;Life Insurance;Non-life Insurance;Momentum Strategy;Contrarian Strategy
DO - 10.23842/jif.2020.31.4.003
ER -
Min Cheol Woo. (2020). Analysis on Strategy of Insurance Investors. Journal of Insurance and Finance, 31(4), 83-115.
Min Cheol Woo. 2020, "Analysis on Strategy of Insurance Investors", Journal of Insurance and Finance, vol.31, no.4 pp.83-115. Available from: doi:10.23842/jif.2020.31.4.003
Min Cheol Woo "Analysis on Strategy of Insurance Investors" Journal of Insurance and Finance 31.4 pp.83-115 (2020) : 83.
Min Cheol Woo. Analysis on Strategy of Insurance Investors. 2020; 31(4), 83-115. Available from: doi:10.23842/jif.2020.31.4.003
Min Cheol Woo. "Analysis on Strategy of Insurance Investors" Journal of Insurance and Finance 31, no.4 (2020) : 83-115.doi: 10.23842/jif.2020.31.4.003
Min Cheol Woo. Analysis on Strategy of Insurance Investors. Journal of Insurance and Finance, 31(4), 83-115. doi: 10.23842/jif.2020.31.4.003
Min Cheol Woo. Analysis on Strategy of Insurance Investors. Journal of Insurance and Finance. 2020; 31(4) 83-115. doi: 10.23842/jif.2020.31.4.003
Min Cheol Woo. Analysis on Strategy of Insurance Investors. 2020; 31(4), 83-115. Available from: doi:10.23842/jif.2020.31.4.003
Min Cheol Woo. "Analysis on Strategy of Insurance Investors" Journal of Insurance and Finance 31, no.4 (2020) : 83-115.doi: 10.23842/jif.2020.31.4.003
