Abstract
This chapter considers the role of earnings, historical-cost book values, and fair-value disclosures in the valuation of stock life insurance companies. The research questions are summarized as follows:
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Michel, M.L. (2000). Earnings, Historical-Cost Book Values, and Fair-Value Disclosures in the Valuation of Stock Life Insurance Companies. In: Vanderhoof, I.T., Altman, E.I. (eds) The Fair Value of Insurance Business. The New York University Salomon Center Series on Financial Markets and Institutions, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4623-8_5
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DOI: https://doi.org/10.1007/978-1-4615-4623-8_5
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