• Title/Summary/Keyword: Economic loss

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Micro- and Macro-Level Factors Determining Financial Performance of UAE Insurance Companies

  • SASIDHARAN, Soumya;RANJITH, V.K.;PRABHURAM, Sunitha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.909-917
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    • 2020
  • The research aims to analyze the firm-specific and macroeconomic factors that affect insurance company's financial performance. The research explores the variables that influence the financial performance of the United Arab Emirates (UAE)' insurance companies. The analysis for determining financial performance considers the following variables: the firm's age, retention ratio, capital adequacy, underwriting risk/loss ratio, financial-leverage, reinsurance dependency, and macro-economic factors such as GDP per capita, inflation rate considered as independent factors. The return-on-asset (ROA) is the key measuring indicator; it is regarded as the dependent variable for financial performance measures. The research focuses on secondary information obtained from insurance companies' financial statements. The researcher targeted 18 insurance companies listed on the UAE stock exchanges for study purposes. The research examines the overall factors that influence the financial performance of an insurance company. For analysis of data, software package of social sciences (SPSS version 20) is used. The studies used correlation and multiple linear regression analysis to determine financial performance and their effects. The analysis suggests that there are important and constructive relationships between the size, capital adequacy, and reinsurance dependency, while loss ratio, retention ratio, and financial leverage indicate a major negative relationship. And there's no link between GDP per capita and inflation.

An Analysis of the Effects of Energy Saving in Connection with Transformer Loss (변압기 손실에 따른 에너지절감 효과 비교 분석)

  • Choi, In-Ho
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2007.11a
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    • pp.291-294
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    • 2007
  • Countries in the world are setting up policies to implement anti-global warning measures to actively cope with the Agreement on Climate Change. Rising problems related to energy and environment prompted research and development efforts to highly efficient electric instrument and environmentally friendly products to secure resources and save energy Korea's high dependency on imported energy and its lack in natural resources make it urgently necessary to develop energy efficient instrument and equipment that can save energy. Every household now uses a transformer, which is very important instrument among others. A variety of technologies to manufacture transformers are currently used along with efforts to develop new materials. Development nit of high efficient transformers is called for by the time and has direct economic impact on suppliers and consumers. In addition, it is desirable to install a transformer that is trustworthy, secure, low on loss, anti-incident capable, small, anti-flammable, environmentally friendly, cost-efficient high-frequency resistant and easy for maintenance. To do this, it is necessary to look deeper into a highly efficient transformer that can save energy. This paper will discuss the types and characteristics of various transformers and propose ways to save energy and raise efficiency tv analyzing a environmentally friendly amorphous transformer.

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Effect of Parasitoids' Exit and Predators' Ingress Holes on Silk Yield of the African Wild Silkmoth, Gonometa Postica Walker (Lepidoptera: Lasiocampidae)

  • Fening, Ken Okwae;Kioko, Esther Ndaisi;Raina, Suresh Kumar
    • International Journal of Industrial Entomology and Biomaterials
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    • v.19 no.2
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    • pp.265-268
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    • 2009
  • Wild silkmoths can be utilised sustainably in the production of silk as an income for resource-poor rural communities. However, attack by parasitoids and predators affect the quality of cocoons and quantity of raw silk produced. A laboratory experiment was undertaken to quantify the effect of parasitoids' (dipteran and hymenopteran) and predators' (ants) exit and ingress holes, respectively, on silk production. The mean number of shells required to produce fifty grams of raw silk was highest with cocoons parasitised by a dipteran and lowest with unattacked cocoons (but with moths already emerged). Degumming loss was highest in parasitised and lowest in unttacked cocoons, but both were not different from cocoons predated by ants. Shell weight was highest in unattacked cocoons, followed by hymenopteran-parasitised and predated cocoons, with the dipteran parasitized ones being the least. Single cocoon weight was greater in hymenopteran-parasitised and predated cocoons than the dipteran-parasitised and unattacked cocoons. Shell ratio or raw silk, floss and yarn weights were higher in unattacked than parasitised and predated cocoons. The total loss in raw silk attributable to attack by parasitoids and predators ranged between 17.4~31.2%. The results offer baseline information for assessment of economic losses in wild silk farming due to parasitoids and predators in the field.

A GIS Approach to Select a Suitable Site for Industrial Complex in North Korea (북한지역 산업단지 적지선정을 위한 GIS 적용)

  • 이근수;정종철
    • Spatial Information Research
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    • v.11 no.3
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    • pp.241-249
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    • 2003
  • The purpose of this paper is to provide the basic data to select the most proper site, which is essential for the economic activation of North Korea by means of the GIS tool. In this purpose, firstly, Nampo area is sampled as model case, classifying the factors into the natural environmental one and socio- cultural one. Secondly, to analyze the land use status and topographic status which is essential for natural environment factor. Besides USLE(Universal Soil Loss Equation), which is one of the disaster effect assessments, is being applied to suggest the selection method for minimizing the environment change by way of assuming the land effluence amount. The started could advance to prove the ideal model in selecting the most suitable site while minimizing the environmental change by means of the composite tool of GIS and USLE.

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An Economic Design of $\bar{X}$ Control Charts with Variable Sample Size and Sampling Interval (변량표본크기와 변량표본추출구간을 이용한$\bar{X}$관리도의 경제적 설계)

  • 김계완;윤덕균
    • Journal of Korean Society for Quality Management
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    • v.28 no.3
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    • pp.18-30
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    • 2000
  • Recent studies have shown that the $\bar{X}$ chart with variable sampling intervals(VSI) and the $\bar{X}$ chart with variable sample size(VSS) are much quicker than Shewhart $\bar{X}$ chart in detecting shiks in the process. Shewhart $\bar{X}$ chart has been beneficial to detect large shifts but it is hard to apply Shewhart $\bar{X}$ chart in detecting moderate shifts in the process mean. In this article the $\bar{X}$ chart using variable sample size(VSS) and variable sampling Intervals(VSI) has been proposed to supplement the weak point mentioned above. So the purpose of this paper is to consider finding the design parameters which minimize expected loss costs for unit process time and measure the performance of VSSI(variable sample size and sampling interval) $\bar{X}$ chart. It is important that assignable causes be detected to maintain the process controlled. This paper has been studied under the assumption that one cycle is from starting of the process to eliminating the assignable causes in the process. The other purpose of this article is to represent the expected loss costs in one cycle with three process parameters(sample size, sampling interval and control limits) function and find the three parameters.

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A Study on Alcohol-Related Emergency on the Aged (노인 알코올 응급에 관한 연구)

  • Park, Sang-Sub;Ban, Myung-Joon;Kang, Kwan-Soon
    • The Korean Journal of Emergency Medical Services
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    • v.10 no.1
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    • pp.61-70
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    • 2006
  • Purpose: The purpose of this study was to prevent the Aged from encountering a sudden accident in an emergency situation caused by drinking, help them have better awareness of drinking problems, and provide basic data for forming sound drinking. Method: A descriptive approach was made to the occurrence of emergency situations caused by drinking for the aged by reviewing literature concerning the subject, along with the analysis of the actual condition through the cases of emergency situations. Result: The Aged had a drink to drown their loneliness due to the loss of social belonging and solitude and attempt suicide, relied on drinking due to the loss of economic roles and reduced income to cause emergency situations, drove when drunken to bring emergency situations to themselves and others, and committed incendiarism after drinking due to social dissatisfaction and mental problems. Conclusion: It is necessary to develop leisure management programs positively and provide an opportunity for sound living culture to old people so that they can have sound entertainment culture other than drinking; such educational programs will serve to form healthy society with no emergency situation caused by the Aged drinking.

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Aging Analysis and Reconductoring of Overhead Conductors for Radial Distribution Systems Using Genetic Algorithm

  • Legha, Mahdi Mozaffari;Mohammadi, Mohammad
    • Journal of Electrical Engineering and Technology
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    • v.9 no.6
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    • pp.2042-2048
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    • 2014
  • In medium voltage electrical distribution networks, reforming the loss reduction is important, and in line with this, the issue of system engineering and use of proper equipment Expansion of distribution systems results in higher system losses and poor voltage regulation. Therefore, an efficient and effective distribution system has become more important. So, proper selection of conductors in the distribution system is crucial as it determines the current density and the resistance of the line. Evaluation of aging conductors for losses and costs imposed in addition to the careful planning of technical and economic networks can be identified in the network design. In this paper the use of imperialist competitive algorithm; genetic algorithm; is proposed to optimal branch conductor selection and reconstruction in radial distribution systems planning. The objective is to minimize the overall cost of annual energy losses and depreciation on the cost of conductors to improve productivity given the maximum current carrying capacity and acceptable voltage levels. Simulations are carried out on 69-bus radial distribution network using genetic algorithm approaches to show the accuracy as well as the efficiency of the proposed solution technique.

Effects of glass powder on the characteristics of concrete subjected to high temperatures

  • Belouadah, Messaouda;Rahmouni, Zine El Abidine;Tebbal, Nadia
    • Advances in concrete construction
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    • v.6 no.3
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    • pp.311-322
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    • 2018
  • This paper presents an experimental investigation on the performance of concrete with and without glass powder (GP) subjected to elevated temperatures. Mechanical and physicochemical properties of concretes were studied at both ambient and high temperatures. One of the major environmental concerns is disposal or recycling of the waste materials. However, a high volume of the industrial production has generated a considerable amount of waste materials which have a number of adverse impacts on the environment. Further, use of glass or by-products in concrete production has advantages for improving some or all of the concrete properties. The economic incentives and environmental benefits in terms of reduced carbon footprint are also the reason for using wastes in concrete. The occurrence of spalling, compressive strength, mass loss, chemical composition, crystalline phase, and thermal analysis of CPG before and after exposure to various temperatures (20, 200, 400, and $600^{\circ}C$) were comprehensively investigated. The results indicated that, the critical temperature range of CPG was between $400^{\circ}C$ and $600^{\circ}C$.

Effect of biaxial stress state on seismic fragility of concrete gravity dams

  • Sen, Ufuk;Okeil, Ayman M.
    • Earthquakes and Structures
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    • v.18 no.3
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    • pp.285-296
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    • 2020
  • Dams are important structures for management of water supply for irrigation or drinking, flood control, and electricity generation. In seismic regions, the structural safety of concrete gravity dams is important due to the high potential of life and economic loss if they fail. Therefore, the seismic analysis of existing dams in seismically active regions is crucial for predicting responses of dams to ground motions. In this paper, earthquake response of concrete gravity dams is investigated using the finite element (FE) method. The FE model accounts for dam-water-foundation rock interaction by considering compressible water, flexible foundation effects, and absorptive reservoir bottom materials. Several uncertainties regarding structural attributes of the dam and external actions are considered to obtain the fragility curves of the dam-water-foundation rock system. The structural uncertainties are sampled using the Latin Hypercube Sampling method. The Pine Flat Dam in the Central Valley of Fresno County, California, is selected to demonstrate the methodology for several limit states. The fragility curves for base sliding, and excessive deformation limit states are obtained by performing non-linear time history analyses. Tensile cracking including the complex state of stress that occurs in dams was also considered. Normal, Log-Normal and Weibull distribution types are considered as possible fits for fragility curves. It was found that the effect of the minimum principal stress on tensile strength is insignificant. It is also found that the probability of failure of tensile cracking is higher than that for base sliding of the dam. Furthermore, the loss of reservoir control is unlikely for a moderate earthquake.

Analysis of Health Promotion determinants in Major OECD Countries: A pooled cross-sectional time series (건강결과와 건강결정요인간의 횡단면 시계열 연구 : 주요 OECD 국가를 대상으로)

  • Choi, Yoon-Jung;Bae, Sung-Il;Lee, Young-Ho;Kang, Min-Sun
    • Health Policy and Management
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    • v.19 no.4
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    • pp.33-52
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    • 2009
  • Health promotion policies have needed to assess in detailed and evidence-based work to set a policy goal and clear future directions of health promotion in Korea. To identify the major factors related with health promotion, we assessed the associations between public health outcome (potential years of life loss, PYLL) and national health determinants. For this purpose, we used a pooled cross sectional time-series regression analysis with corrected fixed effect models involving sixteen member countries of the Organisation for Economic Cooperation and Development during the period 1970 to 2001. The PYLL was positively associated with tobacco and alcohol consumption (model 1 and 2) and calories intake (model 2 and 3) while the PYLL was negatively associated with GDP, fruit and vegetable intake (model 2), number of doctors (model 3), coverage rates of health care security, and elderly population rates (model 4). In conclusion, health behaviors related with tobacco, alcohol, and nutrition were significant health determinants for health outcome. Overall analysis results of this study will provide a guidance toward improved macro- and micro-policy development for future health promotion policy in Korea.