学位论文__汽车专业 翻译 中英文（全）competition and regulation in the korean automobile insurance industry.docVIP

05/31/07 Competition and Regulation in the Korean Automobile Insurance Industry Wondon Lee* Soga Ewedemi** * Associate Professor of Insurance, Daegu University, South Korea wlee@daegu.ac.kr ** Professor of Finance, Clarion University of Pennsylvania, U.S.A ewedemi@clarion.edu 1. Introduction The Korean property and liability insurance industry had assets of US$49 billion and direct premiums written of US$25 billion in 2005, which was the second largest market in Asia and 10th in the world (Swiss Re, 2006). Automobile insurance accounted for 35.2% of the t