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...

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Bibliographic Details
Main Authors: Jin Park, Tim Query
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2013-11-01
Series:Economic Review
Subjects:
Online Access:http://www.ef.untz.ba/images/Casopis/november2013/Paper1november2013.pdf