Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The effect of regulations on insurance companies expanding to emerging markets
Dissertation (MBA)--University of Pretoria, 2013.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
University of Pretoria
2014
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613442410545152 |
|---|---|
| access_status_str | Open Access |
| author2 | Birtch, Matthew |
| author_browse | Birtch, Matthew |
| author_facet | Birtch, Matthew |
| collection | Thesis |
| dc_rights_str_mv | © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2013. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/40797 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:36:12.984Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/40797 The effect of regulations on insurance companies expanding to emerging markets Birtch, Matthew ichelp@gibs.co.za Mahavadi, Ram Mohan UCTD Insurance companies -- Developing countries Insurance law -- Economical aspects International business enterprises Investments, Foreign -- Developing countries Dissertation (MBA)--University of Pretoria, 2013. Recent Solvency and Assessment Management (SAM) Regulations that are being proposed are the bone of contention in the Insurance Industry. Industry leaders argue that the financial regulations in South Africa are being imposed on companies too rapidly, despite South Africa’s financial regulations being one of the best in the world. However, South Africa’s Insurance market growth has reduced substantially and has reached a point of saturation. Insurers are analysing the international marketplace for growth opportunities in their business. Huge opportunities in Africa and in other emerging economies of the world have lured the Insurance companies to expand their operations beyond South Africa, at the expense of their operations in developed economies. These expansions, especially in unstable emerging economies come at a huge cost and carries inherent risks in moving to these territories. Qualitative exploratory research techniques were used to understand the link between the regulations and expansion plans to ascertain what the former has effect on the latter. Sixteen senior managers from the industry were interviewed, their responses analysed and results aggregated in this report. The results expressed that the effect of SAM on insurance companies is varied. Some companies endure the burden in terms of huge costs of implementation and operation and restrict their expansion plans; while large insurance companies with huge balance sheets see no impact on their plans. The research further includes the effect on insurance companies of other regulations such as nationalisation, sovereign rating downgrades and perceived skills gap in the market and proposed a model around these regulations. pagibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-15T14:09:25Z 2014-07-15T14:09:25Z 2014-04-30 2013 Mini Dissertation Mahavadi, RM 2013, The effect of regulations on insurance companies expanding to emerging markets, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40797> http://hdl.handle.net/2263/40797 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Insurance companies -- Developing countries Insurance law -- Economical aspects International business enterprises Investments, Foreign -- Developing countries The effect of regulations on insurance companies expanding to emerging markets |
| title | The effect of regulations on insurance companies expanding to emerging markets |
| title_full | The effect of regulations on insurance companies expanding to emerging markets |
| title_fullStr | The effect of regulations on insurance companies expanding to emerging markets |
| title_full_unstemmed | The effect of regulations on insurance companies expanding to emerging markets |
| title_short | The effect of regulations on insurance companies expanding to emerging markets |
| title_sort | effect of regulations on insurance companies expanding to emerging markets |
| topic | UCTD Insurance companies -- Developing countries Insurance law -- Economical aspects International business enterprises Investments, Foreign -- Developing countries |
| url | http://hdl.handle.net/2263/40797 |