Download or read book Congress Should Consider Changing Federal Income Taxation of the Property casualty Insurance Industry written by United States. General Accounting Office and published by . This book was released on 1985 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation of the U S Property Casualty Insurance Industry written by and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Income Taxation of Property and Casualty Insurance Companies written by Ernst & Young LLP and published by John Wiley & Sons. This book was released on 1996-04-30 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to address the special rules that apply to the taxation of all property and casualty insurance companies, including life insurance companies with property/casualty insurance operations. It covers the special rules that apply to the taxation of captive insurance companies in addition to the general rules that are usually applicable to a captive insurance company. At the same time, it examines the fact that many healthcare organizations are now considered to be insurance companies and will be taxed as such under all the various healthcare reform proposals. Includes a sample tax return for property and casualty insurance companies, Form 1120PC, and guidance on how to read and review a property and/or casualty company annual report.
Download or read book Taxation of Property and Casualty Insurance Companies written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1983 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Taxation of the Property Casualty Insurance Industry written by and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Congress Should Consider Changing Federal Income Taxation of the Property casualty Insurance Industry written by United States. General Accounting Office and published by . This book was released on 1985 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ESSAYS ON THE U S PROPERTY CASUALTY INSURANCE INDUSTRY written by Yingrui Lu and published by . This book was released on 2020 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation includes two chapters. In Chapter 1, "Information Risk and the Cost of Equity Capital Revisited: Evidence from the U.S. Property-Casualty Insurance Industry", I revisit the relationship between information risk and the cost of equity capital in the U.S. property-casualty (P-C) insurance industry. Eckles, Halek and Zhang (2014) find that information risk has no effect on the cost of equity using a sample of U.S. P-C insurers. Following their approach, we decompose information risk into innate and discretionary components. I find that innate information risk affects the cost of equity capital through two opposing channels. On the one hand, innate information risk directly increases an insurer's cost of equity capital by increasing investors' assessment of the riskiness of the insurer's future cash flows. On the other hand, innate information risk indirectly decreases the insurer's cost of equity capital by changing its production so that the assessed riskiness of the firm's future cash flows are reduced. This (negative) indirect effect depends on factors that influence the insurer's underwriting decisions. My empirical results provide supporting evidence for a significant, positive direct effect of innate information risk, while the magnitude of the (negative) indirect effect increases with the insurer's proportion of long-tail business and decreases with its affiliated reinsurance usage. As to the impact of discretionary information risk, my results are mixed. I also find that, on average, the overall effect of information risk on the cost of equity capital for property-casualty insurers is significant and negative. In Chapter 2, "Coordination of Capital, Earnings, and Taxes in the U.S. Property-Casualty Insurance Industry", I investigate how property-casualty (P-C) insurers manage discretionary tools to achieve regulatory capital, earnings, and tax planning goals. I examine one accrual tool, loss reserve errors, together with two real transaction tools: realized capital gains (losses) from investment sales, and capital contributions. I find that when P-C insurers have lower pre-managed capital levels, managers will report income-increasing loss reserve errors, recognize more realized capital gains and receive more capital contributions. When P-C insurers have lower pre-managed earnings, managers will report income-increasing loss reserve errors. When P-C insurers have higher marginal tax rates, managers will report income-decreasing loss reserve errors and recognize more realized capital losses. Moreover, I analyze the effect of ownership structures on the degree of managerial discretion for various reporting goals. My analysis includes three different types of ownership structures: public, private stock and mutual firms. I find that, through the use of capital contributions, public firms are more aggressive in capital management, while mutual firms are less aggressive in capital management than private stock firms. In terms of using the other two tools, compared to private stock firms, public firms do not manage capital less aggressively; they do not manage earnings more aggressively; they do not manage taxes less aggressively. Compared to private stock firms, mutual firms are less aggressive in capital management; they are more aggressive in earnings management; they are less aggressive in tax management.
Download or read book Information on how the Property casualty Insurance Industry is Taxed written by United States. General Accounting Office and published by . This book was released on 1985 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax reform proposals written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1985 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Do Taxes Matter written by Robert Atkins Walker and published by . This book was released on 1991 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Background on the Tax Treatment of Property and Casualty Insurance Companies written by and published by . This book was released on 1983 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Statement of William J Anderson Director General Government Division Before the Committee on Finance United States Senate on the Taxation of the Property casualty Insurance Industry written by United States. General Accounting Office and published by . This book was released on 1985 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Tax law Changes on Prices in the Property casualty Insurance Industry written by David F. Bradford and published by . This book was released on 1996 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Motivated Income Shifting in the Property Casualty Insurance Industry written by David W. Randolph and published by . This book was released on 2000 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Property Casualty Insurance written by David F. Bradford and published by University of Chicago Press. This book was released on 2007-12-01 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business. The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.
Download or read book The Effects of Tax Law Changes on Property Casualty Insurance Prices written by Kyle Logue and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1980s, the federal income tax treatment of property-casualty insurers and their policyholders underwent several important changes, the most significant of which came in 1986. This paper develops theoretical predictions for how these changes should have affected the equilibrium prices of property-casualty insurance policies, and explores the extent to which the theoretical predictions are reflected in data on industry experience. The paper is devoted mainly to a careful specification of the income tax rules, and to deriving the connection between predictions about simple forms of insurance policy and industry data on premiums earned. Although the predicted impact of the changes in the tax rules enacted in 1986 translates into a tax on premiums (net of the cost of acquisition) of up to 13 percent (on medical malpractice, the longest-tail line of insurance, in 1987), it is small relative to the variability of the actual loss experience
Download or read book Report of the Special Committee on Insurance Taxation to be Presented at the Annual Meeting written by American Bar Association. Special Committee on Insurance Taxation and published by . This book was released on 1939 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
