id	sid	tid	token	lemma	pos
ajfa-3366	1	1	microsoft	microsoft	PROPN
ajfa-3366	1	2	word	word	NOUN
ajfa-3366	1	3	3366-12632-2-sm-writer3-new.doc	3366-12632-2-sm-writer3-new.doc	NUM
ajfa-3366	1	4	asian	asian	ADJ
ajfa-3366	1	5	journal	journal	NOUN
ajfa-3366	1	6	of	of	ADP
ajfa-3366	1	7	finance	finance	PROPN
ajfa-3366	1	8	&	&	CCONJ
ajfa-3366	1	9	accounting	accounting	PROPN
ajfa-3366	1	10	issn	issn	PROPN
ajfa-3366	1	11	1946	1946	NUM
ajfa-3366	1	12	-	-	PUNCT
ajfa-3366	1	13	052x	052x	NOUN
ajfa-3366	1	14	2013	2013	NUM
ajfa-3366	1	15	,	,	PUNCT
ajfa-3366	1	16	vol	vol	NOUN
ajfa-3366	1	17	.	.	PROPN
ajfa-3366	1	18	5	5	NUM
ajfa-3366	1	19	,	,	PUNCT
ajfa-3366	1	20	no	no	INTJ
ajfa-3366	1	21	.	.	NOUN
ajfa-3366	1	22	1	1	NUM
ajfa-3366	1	23	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	1	24	306	306	NUM
ajfa-3366	1	25	analysis	analysis	NOUN
ajfa-3366	1	26	of	of	ADP
ajfa-3366	1	27	financial	financial	ADJ
ajfa-3366	1	28	stability	stability	NOUN
ajfa-3366	1	29	of	of	ADP
ajfa-3366	1	30	indian	indian	ADJ
ajfa-3366	1	31	non	non	ADJ
ajfa-3366	1	32	life	life	NOUN
ajfa-3366	1	33	insurance	insurance	NOUN
ajfa-3366	1	34	companies	company	NOUN
ajfa-3366	1	35	bashir	bashir	PROPN
ajfa-3366	1	36	ahmad	ahmad	PROPN
ajfa-3366	1	37	joo	joo	PROPN
ajfa-3366	1	38	associate	associate	PROPN
ajfa-3366	1	39	professor	professor	PROPN
ajfa-3366	1	40	,	,	PUNCT
ajfa-3366	1	41	the	the	DET
ajfa-3366	1	42	business	business	NOUN
ajfa-3366	1	43	school	school	PROPN
ajfa-3366	1	44	university	university	PROPN
ajfa-3366	1	45	of	of	ADP
ajfa-3366	1	46	kashmir	kashmir	PROPN
ajfa-3366	1	47	,	,	PUNCT
ajfa-3366	1	48	srinagar	srinagar	PROPN
ajfa-3366	1	49	,	,	PUNCT
ajfa-3366	1	50	pin	pin	PROPN
ajfa-3366	1	51	code	code	NOUN
ajfa-3366	1	52	:	:	PUNCT
ajfa-3366	1	53	190006	190006	NUM
ajfa-3366	1	54	email	email	NOUN
ajfa-3366	1	55	:	:	PUNCT
ajfa-3366	1	56	bjazra2000@yahoo.co.in	bjazra2000@yahoo.co.in	PROPN
ajfa-3366	1	57	received	receive	VERB
ajfa-3366	1	58	:	:	PUNCT
ajfa-3366	1	59	march	march	PROPN
ajfa-3366	1	60	11	11	NUM
ajfa-3366	1	61	,	,	PUNCT
ajfa-3366	1	62	2013	2013	NUM
ajfa-3366	1	63	accepted	accept	VERB
ajfa-3366	1	64	:	:	PUNCT
ajfa-3366	1	65	may	may	AUX
ajfa-3366	1	66	48	48	NUM
ajfa-3366	1	67	,	,	PUNCT
ajfa-3366	1	68	2013	2013	NUM
ajfa-3366	1	69	published	publish	VERB
ajfa-3366	1	70	:	:	PUNCT
ajfa-3366	1	71	june	june	PROPN
ajfa-3366	1	72	1	1	NUM
ajfa-3366	1	73	,	,	PUNCT
ajfa-3366	1	74	2013	2013	NUM
ajfa-3366	1	75	doi:10.5296	doi:10.5296	NOUN
ajfa-3366	1	76	/	/	SYM
ajfa-3366	1	77	ajfa.v5i1.3366	ajfa.v5i1.3366	PRON
ajfa-3366	1	78	url	url	PROPN
ajfa-3366	1	79	:	:	PUNCT
ajfa-3366	1	80	http://dx.doi.org/10.5296/ajfa.v5i1.3366	http://dx.doi.org/10.5296/ajfa.v5i1.3366	ADJ
ajfa-3366	1	81	abstract	abstract	ADJ
ajfa-3366	1	82	world	world	NOUN
ajfa-3366	1	83	over	over	ADP
ajfa-3366	1	84	after	after	ADP
ajfa-3366	1	85	liberalization	liberalization	NOUN
ajfa-3366	1	86	insurance	insurance	NOUN
ajfa-3366	1	87	sector	sector	NOUN
ajfa-3366	1	88	has	have	AUX
ajfa-3366	1	89	undergone	undergo	VERB
ajfa-3366	1	90	significant	significant	ADJ
ajfa-3366	1	91	transformation	transformation	NOUN
ajfa-3366	1	92	.	.	PUNCT
ajfa-3366	2	1	this	this	PRON
ajfa-3366	2	2	is	be	AUX
ajfa-3366	2	3	also	also	ADV
ajfa-3366	2	4	true	true	ADJ
ajfa-3366	2	5	with	with	ADP
ajfa-3366	2	6	indian	indian	ADJ
ajfa-3366	2	7	insurance	insurance	NOUN
ajfa-3366	2	8	market	market	NOUN
ajfa-3366	2	9	,	,	PUNCT
ajfa-3366	2	10	where	where	SCONJ
ajfa-3366	2	11	insurance	insurance	NOUN
ajfa-3366	2	12	penetration	penetration	NOUN
ajfa-3366	2	13	and	and	CCONJ
ajfa-3366	2	14	density	density	NOUN
ajfa-3366	2	15	is	be	AUX
ajfa-3366	2	16	very	very	ADV
ajfa-3366	2	17	low	low	ADJ
ajfa-3366	2	18	compared	compare	VERB
ajfa-3366	2	19	to	to	ADP
ajfa-3366	2	20	other	other	ADJ
ajfa-3366	2	21	countries	country	NOUN
ajfa-3366	2	22	.	.	PUNCT
ajfa-3366	3	1	therefore	therefore	ADV
ajfa-3366	3	2	,	,	PUNCT
ajfa-3366	3	3	many	many	ADJ
ajfa-3366	3	4	foreign	foreign	ADJ
ajfa-3366	3	5	insurance	insurance	NOUN
ajfa-3366	3	6	companies	company	NOUN
ajfa-3366	3	7	were	be	AUX
ajfa-3366	3	8	lured	lure	VERB
ajfa-3366	3	9	to	to	PART
ajfa-3366	3	10	make	make	VERB
ajfa-3366	3	11	entry	entry	NOUN
ajfa-3366	3	12	in	in	ADP
ajfa-3366	3	13	indian	indian	ADJ
ajfa-3366	3	14	insurance	insurance	NOUN
ajfa-3366	3	15	in	in	ADP
ajfa-3366	3	16	order	order	NOUN
ajfa-3366	3	17	to	to	PART
ajfa-3366	3	18	insulate	insulate	VERB
ajfa-3366	3	19	positive	positive	ADJ
ajfa-3366	3	20	spread	spread	NOUN
ajfa-3366	3	21	from	from	ADP
ajfa-3366	3	22	large	large	ADJ
ajfa-3366	3	23	untapped	untapped	ADJ
ajfa-3366	3	24	insurance	insurance	NOUN
ajfa-3366	3	25	market	market	NOUN
ajfa-3366	3	26	,	,	PUNCT
ajfa-3366	3	27	mainly	mainly	ADV
ajfa-3366	3	28	by	by	ADP
ajfa-3366	3	29	entering	enter	VERB
ajfa-3366	3	30	into	into	ADP
ajfa-3366	3	31	joint	joint	ADJ
ajfa-3366	3	32	venture	venture	NOUN
ajfa-3366	3	33	with	with	ADP
ajfa-3366	3	34	local	local	ADJ
ajfa-3366	3	35	partners	partner	NOUN
ajfa-3366	3	36	.	.	PUNCT
ajfa-3366	4	1	thus	thus	ADV
ajfa-3366	4	2	indian	indian	ADJ
ajfa-3366	4	3	insurance	insurance	NOUN
ajfa-3366	4	4	market	market	NOUN
ajfa-3366	4	5	after	after	ADP
ajfa-3366	4	6	liberalization	liberalization	NOUN
ajfa-3366	4	7	was	be	AUX
ajfa-3366	4	8	assaulted	assault	VERB
ajfa-3366	4	9	by	by	ADP
ajfa-3366	4	10	the	the	DET
ajfa-3366	4	11	pressure	pressure	NOUN
ajfa-3366	4	12	of	of	ADP
ajfa-3366	4	13	globalization	globalization	NOUN
ajfa-3366	4	14	,	,	PUNCT
ajfa-3366	4	15	competition	competition	NOUN
ajfa-3366	4	16	from	from	ADP
ajfa-3366	4	17	multinational	multinational	ADJ
ajfa-3366	4	18	insurance	insurance	NOUN
ajfa-3366	4	19	companies	company	NOUN
ajfa-3366	4	20	and	and	CCONJ
ajfa-3366	4	21	lavish	lavish	ADJ
ajfa-3366	4	22	underwriting	underwriting	NOUN
ajfa-3366	4	23	chase	chase	NOUN
ajfa-3366	4	24	which	which	PRON
ajfa-3366	4	25	are	be	AUX
ajfa-3366	4	26	seen	see	VERB
ajfa-3366	4	27	as	as	ADP
ajfa-3366	4	28	threats	threat	NOUN
ajfa-3366	4	29	as	as	ADV
ajfa-3366	4	30	well	well	ADV
ajfa-3366	4	31	as	as	ADP
ajfa-3366	4	32	opportunities	opportunity	NOUN
ajfa-3366	4	33	for	for	ADP
ajfa-3366	4	34	insurance	insurance	NOUN
ajfa-3366	4	35	companies	company	NOUN
ajfa-3366	4	36	.	.	PUNCT
ajfa-3366	5	1	however	however	ADV
ajfa-3366	5	2	,	,	PUNCT
ajfa-3366	5	3	entry	entry	NOUN
ajfa-3366	5	4	of	of	ADP
ajfa-3366	5	5	new	new	ADJ
ajfa-3366	5	6	players	player	NOUN
ajfa-3366	5	7	has	have	AUX
ajfa-3366	5	8	resulted	result	VERB
ajfa-3366	5	9	into	into	ADP
ajfa-3366	5	10	heavy	heavy	ADJ
ajfa-3366	5	11	underwriting	underwriting	NOUN
ajfa-3366	5	12	losses	loss	NOUN
ajfa-3366	5	13	for	for	ADP
ajfa-3366	5	14	indian	indian	ADJ
ajfa-3366	5	15	public	public	ADJ
ajfa-3366	5	16	and	and	CCONJ
ajfa-3366	5	17	private	private	ADJ
ajfa-3366	5	18	insurers	insurer	NOUN
ajfa-3366	5	19	.	.	PUNCT
ajfa-3366	6	1	but	but	CCONJ
ajfa-3366	6	2	heavy	heavy	ADJ
ajfa-3366	6	3	underwriting	underwriting	NOUN
ajfa-3366	6	4	losses	loss	NOUN
ajfa-3366	6	5	had	have	VERB
ajfa-3366	6	6	reverse	reverse	ADJ
ajfa-3366	6	7	impact	impact	NOUN
ajfa-3366	6	8	on	on	ADP
ajfa-3366	6	9	their	their	PRON
ajfa-3366	6	10	solvency	solvency	NOUN
ajfa-3366	6	11	margins	margin	NOUN
ajfa-3366	6	12	.	.	PUNCT
ajfa-3366	7	1	in	in	ADP
ajfa-3366	7	2	present	present	ADJ
ajfa-3366	7	3	paper	paper	NOUN
ajfa-3366	7	4	,	,	PUNCT
ajfa-3366	7	5	the	the	DET
ajfa-3366	7	6	insurance	insurance	NOUN
ajfa-3366	7	7	solvency	solvency	PROPN
ajfa-3366	7	8	international	international	PROPN
ajfa-3366	7	9	ltd	ltd	PROPN
ajfa-3366	7	10	.	.	PROPN
ajfa-3366	7	11	(	(	PUNCT
ajfa-3366	7	12	isi	isi	PROPN
ajfa-3366	7	13	)	)	PUNCT
ajfa-3366	7	14	predictors	predictor	NOUN
ajfa-3366	7	15	have	have	AUX
ajfa-3366	7	16	been	be	AUX
ajfa-3366	7	17	employed	employ	VERB
ajfa-3366	7	18	in	in	ADP
ajfa-3366	7	19	this	this	DET
ajfa-3366	7	20	paper	paper	NOUN
ajfa-3366	7	21	to	to	PART
ajfa-3366	7	22	study	study	VERB
ajfa-3366	7	23	the	the	DET
ajfa-3366	7	24	solvency	solvency	NOUN
ajfa-3366	7	25	position	position	NOUN
ajfa-3366	7	26	of	of	ADP
ajfa-3366	7	27	indian	indian	ADJ
ajfa-3366	7	28	non	non	ADJ
ajfa-3366	7	29	life	life	PROPN
ajfa-3366	7	30	insurers	insurer	NOUN
ajfa-3366	7	31	.	.	PUNCT
ajfa-3366	8	1	further	far	ADV
ajfa-3366	8	2	,	,	PUNCT
ajfa-3366	8	3	study	study	NOUN
ajfa-3366	8	4	highlights	highlight	NOUN
ajfa-3366	8	5	the	the	DET
ajfa-3366	8	6	extent	extent	NOUN
ajfa-3366	8	7	of	of	ADP
ajfa-3366	8	8	relationship	relationship	NOUN
ajfa-3366	8	9	between	between	ADP
ajfa-3366	8	10	various	various	ADJ
ajfa-3366	8	11	factors	factor	NOUN
ajfa-3366	8	12	and	and	CCONJ
ajfa-3366	8	13	solvency	solvency	NOUN
ajfa-3366	8	14	of	of	ADP
ajfa-3366	8	15	non	non	ADJ
ajfa-3366	8	16	life	life	NOUN
ajfa-3366	8	17	insurers	insurer	NOUN
ajfa-3366	8	18	in	in	ADP
ajfa-3366	8	19	india	india	PROPN
ajfa-3366	8	20	by	by	ADP
ajfa-3366	8	21	using	use	VERB
ajfa-3366	8	22	multiple	multiple	ADJ
ajfa-3366	8	23	regression	regression	NOUN
ajfa-3366	8	24	analysis	analysis	NOUN
ajfa-3366	8	25	.	.	PUNCT
ajfa-3366	9	1	the	the	DET
ajfa-3366	9	2	result	result	NOUN
ajfa-3366	9	3	of	of	ADP
ajfa-3366	9	4	the	the	DET
ajfa-3366	9	5	study	study	NOUN
ajfa-3366	9	6	has	have	AUX
ajfa-3366	9	7	shown	show	VERB
ajfa-3366	9	8	that	that	SCONJ
ajfa-3366	9	9	claim	claim	NOUN
ajfa-3366	9	10	ratio	ratio	NOUN
ajfa-3366	9	11	and	and	CCONJ
ajfa-3366	9	12	firm	firm	ADJ
ajfa-3366	9	13	size	size	NOUN
ajfa-3366	9	14	have	have	VERB
ajfa-3366	9	15	greater	great	ADJ
ajfa-3366	9	16	impact	impact	NOUN
ajfa-3366	9	17	on	on	ADP
ajfa-3366	9	18	solvency	solvency	NOUN
ajfa-3366	9	19	position	position	NOUN
ajfa-3366	9	20	of	of	ADP
ajfa-3366	9	21	insurance	insurance	NOUN
ajfa-3366	9	22	companies	company	NOUN
ajfa-3366	9	23	.	.	PUNCT
ajfa-3366	10	1	keywords	keyword	NOUN
ajfa-3366	10	2	:	:	PUNCT
ajfa-3366	10	3	isi	isi	ADJ
ajfa-3366	10	4	standards	standard	NOUN
ajfa-3366	10	5	,	,	PUNCT
ajfa-3366	10	6	solvency	solvency	NOUN
ajfa-3366	10	7	,	,	PUNCT
ajfa-3366	10	8	combined	combined	ADJ
ajfa-3366	10	9	ratio	ratio	NOUN
ajfa-3366	10	10	,	,	PUNCT
ajfa-3366	10	11	expense	expense	NOUN
ajfa-3366	10	12	ratio	ratio	NOUN
ajfa-3366	10	13	,	,	PUNCT
ajfa-3366	10	14	claim	claim	NOUN
ajfa-3366	10	15	ratio	ratio	NOUN
ajfa-3366	10	16	,	,	PUNCT
ajfa-3366	10	17	underwriting	underwriting	NOUN
ajfa-3366	10	18	losses	loss	NOUN
ajfa-3366	10	19	,	,	PUNCT
ajfa-3366	10	20	operating	operate	VERB
ajfa-3366	10	21	margin	margin	NOUN
ajfa-3366	10	22	,	,	PUNCT
ajfa-3366	10	23	investment	investment	NOUN
ajfa-3366	10	24	income	income	NOUN
ajfa-3366	10	25	jel	jel	PROPN
ajfa-3366	10	26	classification	classification	NOUN
ajfa-3366	10	27	:	:	PUNCT
ajfa-3366	10	28	g20	g20	NOUN
ajfa-3366	10	29	,	,	PUNCT
ajfa-3366	10	30	g22	g22	NOUN
ajfa-3366	10	31	,	,	PUNCT
ajfa-3366	10	32	g32	g32	NOUN
ajfa-3366	10	33	,	,	PUNCT
ajfa-3366	10	34	m40	m40	PROPN
ajfa-3366	10	35	asian	asian	ADJ
ajfa-3366	10	36	journal	journal	PROPN
ajfa-3366	10	37	of	of	ADP
ajfa-3366	10	38	finance	finance	PROPN
ajfa-3366	10	39	&	&	CCONJ
ajfa-3366	10	40	accounting	accounting	PROPN
ajfa-3366	10	41	issn	issn	PROPN
ajfa-3366	10	42	1946	1946	NUM
ajfa-3366	10	43	-	-	PUNCT
ajfa-3366	10	44	052x	052x	NOUN
ajfa-3366	10	45	2013	2013	NUM
ajfa-3366	10	46	,	,	PUNCT
ajfa-3366	10	47	vol	vol	NOUN
ajfa-3366	10	48	.	.	PROPN
ajfa-3366	10	49	5	5	NUM
ajfa-3366	10	50	,	,	PUNCT
ajfa-3366	10	51	no	no	INTJ
ajfa-3366	10	52	.	.	NOUN
ajfa-3366	10	53	1	1	NUM
ajfa-3366	10	54	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	10	55	307	307	NUM
ajfa-3366	10	56	introduction	introduction	NOUN
ajfa-3366	10	57	the	the	DET
ajfa-3366	10	58	insurance	insurance	NOUN
ajfa-3366	10	59	sector	sector	NOUN
ajfa-3366	10	60	in	in	ADP
ajfa-3366	10	61	india	india	PROPN
ajfa-3366	10	62	is	be	AUX
ajfa-3366	10	63	passing	pass	VERB
ajfa-3366	10	64	through	through	ADP
ajfa-3366	10	65	a	a	DET
ajfa-3366	10	66	period	period	NOUN
ajfa-3366	10	67	of	of	ADP
ajfa-3366	10	68	structural	structural	ADJ
ajfa-3366	10	69	changes	change	NOUN
ajfa-3366	10	70	under	under	ADP
ajfa-3366	10	71	the	the	DET
ajfa-3366	10	72	combined	combine	VERB
ajfa-3366	10	73	impact	impact	NOUN
ajfa-3366	10	74	of	of	ADP
ajfa-3366	10	75	financial	financial	ADJ
ajfa-3366	10	76	sector	sector	NOUN
ajfa-3366	10	77	reforms	reform	NOUN
ajfa-3366	10	78	in	in	ADP
ajfa-3366	10	79	general	general	ADJ
ajfa-3366	10	80	and	and	CCONJ
ajfa-3366	10	81	insurance	insurance	NOUN
ajfa-3366	10	82	sector	sector	NOUN
ajfa-3366	10	83	in	in	ADP
ajfa-3366	10	84	particular	particular	ADJ
ajfa-3366	10	85	.	.	PUNCT
ajfa-3366	11	1	the	the	DET
ajfa-3366	11	2	market	market	NOUN
ajfa-3366	11	3	for	for	ADP
ajfa-3366	11	4	insurance	insurance	NOUN
ajfa-3366	11	5	services	service	NOUN
ajfa-3366	11	6	previously	previously	ADV
ajfa-3366	11	7	was	be	AUX
ajfa-3366	11	8	monopolized	monopolize	VERB
ajfa-3366	11	9	while	while	SCONJ
ajfa-3366	11	10	the	the	DET
ajfa-3366	11	11	market	market	NOUN
ajfa-3366	11	12	place	place	NOUN
ajfa-3366	11	13	was	be	AUX
ajfa-3366	11	14	regulated	regulate	VERB
ajfa-3366	11	15	and	and	CCONJ
ajfa-3366	11	16	insurance	insurance	NOUN
ajfa-3366	11	17	companies	company	NOUN
ajfa-3366	11	18	were	be	AUX
ajfa-3366	11	19	expected	expect	VERB
ajfa-3366	11	20	receive	receive	NOUN
ajfa-3366	11	21	assured	assure	VERB
ajfa-3366	11	22	spread	spread	VERB
ajfa-3366	11	23	over	over	ADP
ajfa-3366	11	24	their	their	PRON
ajfa-3366	11	25	cost	cost	NOUN
ajfa-3366	11	26	of	of	ADP
ajfa-3366	11	27	funds	fund	NOUN
ajfa-3366	11	28	and	and	CCONJ
ajfa-3366	11	29	systematic	systematic	ADJ
ajfa-3366	11	30	demand	demand	NOUN
ajfa-3366	11	31	for	for	ADP
ajfa-3366	11	32	their	their	PRON
ajfa-3366	11	33	products	product	NOUN
ajfa-3366	11	34	.	.	PUNCT
ajfa-3366	12	1	this	this	DET
ajfa-3366	12	2	phase	phase	NOUN
ajfa-3366	12	3	in	in	ADP
ajfa-3366	12	4	indian	indian	ADJ
ajfa-3366	12	5	insurance	insurance	NOUN
ajfa-3366	12	6	business	business	NOUN
ajfa-3366	12	7	was	be	AUX
ajfa-3366	12	8	the	the	DET
ajfa-3366	12	9	result	result	NOUN
ajfa-3366	12	10	of	of	ADP
ajfa-3366	12	11	sheltered	sheltered	ADJ
ajfa-3366	12	12	markets	market	NOUN
ajfa-3366	12	13	and	and	CCONJ
ajfa-3366	12	14	administered	administer	VERB
ajfa-3366	12	15	prices	price	NOUN
ajfa-3366	12	16	for	for	ADP
ajfa-3366	12	17	various	various	ADJ
ajfa-3366	12	18	insurance	insurance	NOUN
ajfa-3366	12	19	products	product	NOUN
ajfa-3366	12	20	.	.	PUNCT
ajfa-3366	13	1	it	it	PRON
ajfa-3366	13	2	is	be	AUX
ajfa-3366	13	3	said	say	VERB
ajfa-3366	13	4	that	that	SCONJ
ajfa-3366	13	5	a	a	DET
ajfa-3366	13	6	resilient	resilient	ADJ
ajfa-3366	13	7	and	and	CCONJ
ajfa-3366	13	8	well	well	ADV
ajfa-3366	13	9	regulated	regulate	VERB
ajfa-3366	13	10	insurance	insurance	NOUN
ajfa-3366	13	11	industry	industry	NOUN
ajfa-3366	13	12	can	can	AUX
ajfa-3366	13	13	significantly	significantly	ADV
ajfa-3366	13	14	contribute	contribute	VERB
ajfa-3366	13	15	to	to	ADP
ajfa-3366	13	16	economic	economic	ADJ
ajfa-3366	13	17	growth	growth	NOUN
ajfa-3366	13	18	and	and	CCONJ
ajfa-3366	13	19	efficient	efficient	ADJ
ajfa-3366	13	20	resource	resource	NOUN
ajfa-3366	13	21	allocation	allocation	NOUN
ajfa-3366	13	22	through	through	ADP
ajfa-3366	13	23	risk	risk	NOUN
ajfa-3366	13	24	transfer	transfer	NOUN
ajfa-3366	13	25	and	and	CCONJ
ajfa-3366	13	26	savings	saving	NOUN
ajfa-3366	13	27	mobilization	mobilization	NOUN
ajfa-3366	13	28	.	.	PUNCT
ajfa-3366	14	1	in	in	ADP
ajfa-3366	14	2	addition	addition	NOUN
ajfa-3366	14	3	,	,	PUNCT
ajfa-3366	14	4	it	it	PRON
ajfa-3366	14	5	can	can	AUX
ajfa-3366	14	6	enhance	enhance	VERB
ajfa-3366	14	7	wealth	wealth	NOUN
ajfa-3366	14	8	management	management	NOUN
ajfa-3366	14	9	avenues	avenue	NOUN
ajfa-3366	14	10	in	in	ADP
ajfa-3366	14	11	the	the	DET
ajfa-3366	14	12	country	country	NOUN
ajfa-3366	14	13	.	.	PUNCT
ajfa-3366	15	1	all	all	DET
ajfa-3366	15	2	these	these	DET
ajfa-3366	15	3	contributions	contribution	NOUN
ajfa-3366	15	4	of	of	ADP
ajfa-3366	15	5	the	the	DET
ajfa-3366	15	6	sector	sector	NOUN
ajfa-3366	15	7	can	can	AUX
ajfa-3366	15	8	only	only	ADV
ajfa-3366	15	9	be	be	AUX
ajfa-3366	15	10	achieved	achieve	VERB
ajfa-3366	15	11	when	when	SCONJ
ajfa-3366	15	12	the	the	DET
ajfa-3366	15	13	sector	sector	NOUN
ajfa-3366	15	14	is	be	AUX
ajfa-3366	15	15	organized	organize	VERB
ajfa-3366	15	16	and	and	CCONJ
ajfa-3366	15	17	competitive	competitive	ADJ
ajfa-3366	15	18	.	.	PUNCT
ajfa-3366	16	1	the	the	DET
ajfa-3366	16	2	competitive	competitive	ADJ
ajfa-3366	16	3	insurance	insurance	NOUN
ajfa-3366	16	4	markets	market	NOUN
ajfa-3366	16	5	are	be	AUX
ajfa-3366	16	6	in	in	ADP
ajfa-3366	16	7	the	the	DET
ajfa-3366	16	8	national	national	ADJ
ajfa-3366	16	9	interest	interest	NOUN
ajfa-3366	16	10	because	because	SCONJ
ajfa-3366	16	11	they	they	PRON
ajfa-3366	16	12	generally	generally	ADV
ajfa-3366	16	13	offer	offer	VERB
ajfa-3366	16	14	business	business	NOUN
ajfa-3366	16	15	houses	house	NOUN
ajfa-3366	16	16	and	and	CCONJ
ajfa-3366	16	17	individuals	individual	NOUN
ajfa-3366	16	18	’	'	PUNCT
ajfa-3366	16	19	greater	great	ADJ
ajfa-3366	16	20	choice	choice	NOUN
ajfa-3366	16	21	and	and	CCONJ
ajfa-3366	16	22	better	well	ADJ
ajfa-3366	16	23	value	value	NOUN
ajfa-3366	16	24	than	than	ADP
ajfa-3366	16	25	alternative	alternative	ADJ
ajfa-3366	16	26	approaches	approach	NOUN
ajfa-3366	16	27	(	(	PUNCT
ajfa-3366	16	28	skipper	skipper	PROPN
ajfa-3366	16	29	jr	jr	PROPN
ajfa-3366	16	30	.	.	PROPN
ajfa-3366	16	31	&	&	CCONJ
ajfa-3366	16	32	klein	klein	PROPN
ajfa-3366	16	33	,	,	PUNCT
ajfa-3366	16	34	2000	2000	NUM
ajfa-3366	16	35	)	)	PUNCT
ajfa-3366	16	36	.	.	PUNCT
ajfa-3366	17	1	in	in	ADP
ajfa-3366	17	2	recent	recent	ADJ
ajfa-3366	17	3	times	time	NOUN
ajfa-3366	17	4	restrictive	restrictive	ADJ
ajfa-3366	17	5	markets	market	NOUN
ajfa-3366	17	6	have	have	AUX
ajfa-3366	17	7	been	be	AUX
ajfa-3366	17	8	made	make	VERB
ajfa-3366	17	9	competitive	competitive	ADJ
ajfa-3366	17	10	through	through	ADP
ajfa-3366	17	11	a	a	DET
ajfa-3366	17	12	combination	combination	NOUN
ajfa-3366	17	13	of	of	ADP
ajfa-3366	17	14	liberalization	liberalization	NOUN
ajfa-3366	17	15	and	and	CCONJ
ajfa-3366	17	16	deregulation	deregulation	NOUN
ajfa-3366	17	17	.	.	PUNCT
ajfa-3366	18	1	consequently	consequently	ADV
ajfa-3366	18	2	indian	indian	ADJ
ajfa-3366	18	3	insurance	insurance	NOUN
ajfa-3366	18	4	industry	industry	NOUN
ajfa-3366	18	5	was	be	AUX
ajfa-3366	18	6	liberalized	liberalize	VERB
ajfa-3366	18	7	in	in	ADP
ajfa-3366	18	8	january	january	PROPN
ajfa-3366	18	9	,	,	PUNCT
ajfa-3366	18	10	2000	2000	NUM
ajfa-3366	18	11	,	,	PUNCT
ajfa-3366	18	12	with	with	ADP
ajfa-3366	18	13	the	the	DET
ajfa-3366	18	14	passage	passage	NOUN
ajfa-3366	18	15	of	of	ADP
ajfa-3366	18	16	the	the	DET
ajfa-3366	18	17	irda	irda	ADJ
ajfa-3366	18	18	act	act	PROPN
ajfa-3366	18	19	.	.	PUNCT
ajfa-3366	19	1	the	the	DET
ajfa-3366	19	2	liberalization	liberalization	NOUN
ajfa-3366	19	3	was	be	AUX
ajfa-3366	19	4	brought	bring	VERB
ajfa-3366	19	5	about	about	ADP
ajfa-3366	19	6	with	with	SCONJ
ajfa-3366	19	7	the	the	DET
ajfa-3366	19	8	objectives	objective	NOUN
ajfa-3366	19	9	to	to	PART
ajfa-3366	19	10	increase	increase	VERB
ajfa-3366	19	11	coverage	coverage	NOUN
ajfa-3366	19	12	of	of	ADP
ajfa-3366	19	13	population	population	NOUN
ajfa-3366	19	14	,	,	PUNCT
ajfa-3366	19	15	better	well	ADJ
ajfa-3366	19	16	choice	choice	NOUN
ajfa-3366	19	17	of	of	ADP
ajfa-3366	19	18	products	product	NOUN
ajfa-3366	19	19	with	with	ADP
ajfa-3366	19	20	informed	informed	ADJ
ajfa-3366	19	21	decisions	decision	NOUN
ajfa-3366	19	22	,	,	PUNCT
ajfa-3366	19	23	promote	promote	VERB
ajfa-3366	19	24	competition	competition	NOUN
ajfa-3366	19	25	,	,	PUNCT
ajfa-3366	19	26	encourage	encourage	VERB
ajfa-3366	19	27	the	the	DET
ajfa-3366	19	28	entrance	entrance	NOUN
ajfa-3366	19	29	and	and	CCONJ
ajfa-3366	19	30	joint	joint	ADJ
ajfa-3366	19	31	partnership	partnership	NOUN
ajfa-3366	19	32	of	of	ADP
ajfa-3366	19	33	foreign	foreign	ADJ
ajfa-3366	19	34	players	player	NOUN
ajfa-3366	19	35	with	with	ADP
ajfa-3366	19	36	the	the	DET
ajfa-3366	19	37	indian	indian	PROPN
ajfa-3366	19	38	insurers	insurer	NOUN
ajfa-3366	19	39	,	,	PUNCT
ajfa-3366	19	40	so	so	SCONJ
ajfa-3366	19	41	as	as	SCONJ
ajfa-3366	19	42	to	to	PART
ajfa-3366	19	43	boost	boost	VERB
ajfa-3366	19	44	innovation	innovation	NOUN
ajfa-3366	19	45	,	,	PUNCT
ajfa-3366	19	46	advance	advance	NOUN
ajfa-3366	19	47	economy	economy	NOUN
ajfa-3366	19	48	of	of	ADP
ajfa-3366	19	49	operations	operation	NOUN
ajfa-3366	19	50	,	,	PUNCT
ajfa-3366	19	51	enhance	enhance	VERB
ajfa-3366	19	52	customer	customer	NOUN
ajfa-3366	19	53	centricity	centricity	NOUN
ajfa-3366	19	54	and	and	CCONJ
ajfa-3366	19	55	service	service	NOUN
ajfa-3366	19	56	excellence	excellence	NOUN
ajfa-3366	19	57	,	,	PUNCT
ajfa-3366	19	58	improve	improve	VERB
ajfa-3366	19	59	the	the	DET
ajfa-3366	19	60	efficiency	efficiency	NOUN
ajfa-3366	19	61	of	of	ADP
ajfa-3366	19	62	the	the	DET
ajfa-3366	19	63	public	public	ADJ
ajfa-3366	19	64	sector	sector	NOUN
ajfa-3366	19	65	companies	company	NOUN
ajfa-3366	19	66	and	and	CCONJ
ajfa-3366	19	67	above	above	ADP
ajfa-3366	19	68	all	all	PRON
ajfa-3366	19	69	to	to	PART
ajfa-3366	19	70	create	create	VERB
ajfa-3366	19	71	economic	economic	ADJ
ajfa-3366	19	72	activity	activity	NOUN
ajfa-3366	19	73	for	for	ADP
ajfa-3366	19	74	the	the	DET
ajfa-3366	19	75	purpose	purpose	NOUN
ajfa-3366	19	76	of	of	ADP
ajfa-3366	19	77	benchmark	benchmark	ADJ
ajfa-3366	19	78	growth	growth	NOUN
ajfa-3366	19	79	rate	rate	NOUN
ajfa-3366	19	80	.	.	PUNCT
ajfa-3366	20	1	the	the	DET
ajfa-3366	20	2	historical	historical	ADJ
ajfa-3366	20	3	perspective	perspective	NOUN
ajfa-3366	20	4	of	of	ADP
ajfa-3366	20	5	the	the	DET
ajfa-3366	20	6	general	general	ADJ
ajfa-3366	20	7	insurance	insurance	NOUN
ajfa-3366	20	8	companies	company	NOUN
ajfa-3366	20	9	reveal	reveal	VERB
ajfa-3366	20	10	that	that	SCONJ
ajfa-3366	20	11	the	the	DET
ajfa-3366	20	12	rapid	rapid	ADJ
ajfa-3366	20	13	expansion	expansion	NOUN
ajfa-3366	20	14	of	of	ADP
ajfa-3366	20	15	insurance	insurance	NOUN
ajfa-3366	20	16	companies	company	NOUN
ajfa-3366	20	17	since	since	SCONJ
ajfa-3366	20	18	nationalization	nationalization	NOUN
ajfa-3366	20	19	had	have	AUX
ajfa-3366	20	20	given	give	VERB
ajfa-3366	20	21	rise	rise	NOUN
ajfa-3366	20	22	to	to	ADP
ajfa-3366	20	23	a	a	DET
ajfa-3366	20	24	number	number	NOUN
ajfa-3366	20	25	of	of	ADP
ajfa-3366	20	26	problems	problem	NOUN
ajfa-3366	20	27	related	relate	VERB
ajfa-3366	20	28	to	to	ADP
ajfa-3366	20	29	the	the	DET
ajfa-3366	20	30	image	image	NOUN
ajfa-3366	20	31	,	,	PUNCT
ajfa-3366	20	32	operational	operational	ADJ
ajfa-3366	20	33	efficiency	efficiency	NOUN
ajfa-3366	20	34	,	,	PUNCT
ajfa-3366	20	35	productivity	productivity	NOUN
ajfa-3366	20	36	,	,	PUNCT
ajfa-3366	20	37	and	and	CCONJ
ajfa-3366	20	38	the	the	DET
ajfa-3366	20	39	quality	quality	NOUN
ajfa-3366	20	40	of	of	ADP
ajfa-3366	20	41	portfolio	portfolio	NOUN
ajfa-3366	20	42	of	of	ADP
ajfa-3366	20	43	the	the	DET
ajfa-3366	20	44	system	system	NOUN
ajfa-3366	20	45	as	as	ADP
ajfa-3366	20	46	a	a	DET
ajfa-3366	20	47	whole	whole	NOUN
ajfa-3366	20	48	and	and	CCONJ
ajfa-3366	20	49	there	there	PRON
ajfa-3366	20	50	have	have	AUX
ajfa-3366	20	51	been	be	AUX
ajfa-3366	20	52	persistent	persistent	ADJ
ajfa-3366	20	53	complaints	complaint	NOUN
ajfa-3366	20	54	about	about	ADP
ajfa-3366	20	55	deterioration	deterioration	NOUN
ajfa-3366	20	56	in	in	ADP
ajfa-3366	20	57	customer	customer	NOUN
ajfa-3366	20	58	service	service	NOUN
ajfa-3366	20	59	(	(	PUNCT
ajfa-3366	20	60	rohit	rohit	PROPN
ajfa-3366	20	61	&	&	CCONJ
ajfa-3366	20	62	manjit	manjit	PROPN
ajfa-3366	20	63	,	,	PUNCT
ajfa-3366	20	64	2009	2009	NUM
ajfa-3366	20	65	)	)	PUNCT
ajfa-3366	20	66	.	.	PUNCT
ajfa-3366	21	1	close	close	ADV
ajfa-3366	21	2	on	on	ADP
ajfa-3366	21	3	the	the	DET
ajfa-3366	21	4	heels	heel	NOUN
ajfa-3366	21	5	of	of	ADP
ajfa-3366	21	6	the	the	DET
ajfa-3366	21	7	success	success	NOUN
ajfa-3366	21	8	of	of	ADP
ajfa-3366	21	9	the	the	DET
ajfa-3366	21	10	privatization	privatization	NOUN
ajfa-3366	21	11	initiatives	initiative	NOUN
ajfa-3366	21	12	in	in	ADP
ajfa-3366	21	13	the	the	DET
ajfa-3366	21	14	banking	banking	NOUN
ajfa-3366	21	15	sector	sector	NOUN
ajfa-3366	21	16	,	,	PUNCT
ajfa-3366	21	17	insurance	insurance	NOUN
ajfa-3366	21	18	sector	sector	NOUN
ajfa-3366	21	19	reforms	reform	NOUN
ajfa-3366	21	20	were	be	AUX
ajfa-3366	21	21	initiated	initiate	VERB
ajfa-3366	21	22	following	follow	VERB
ajfa-3366	21	23	the	the	DET
ajfa-3366	21	24	report	report	NOUN
ajfa-3366	21	25	of	of	ADP
ajfa-3366	21	26	malhotra	malhotra	PROPN
ajfa-3366	21	27	committee	committee	PROPN
ajfa-3366	21	28	(	(	PUNCT
ajfa-3366	21	29	1993	1993	NUM
ajfa-3366	21	30	)	)	PUNCT
ajfa-3366	21	31	.	.	PUNCT
ajfa-3366	22	1	the	the	DET
ajfa-3366	22	2	reforms	reform	NOUN
ajfa-3366	22	3	were	be	AUX
ajfa-3366	22	4	aimed	aim	VERB
ajfa-3366	22	5	at	at	ADP
ajfa-3366	22	6	creating	create	VERB
ajfa-3366	22	7	more	more	ADV
ajfa-3366	22	8	efficient	efficient	ADJ
ajfa-3366	22	9	and	and	CCONJ
ajfa-3366	22	10	competitive	competitive	ADJ
ajfa-3366	22	11	financial	financial	ADJ
ajfa-3366	22	12	system	system	NOUN
ajfa-3366	22	13	suitable	suitable	ADJ
ajfa-3366	22	14	for	for	ADP
ajfa-3366	22	15	the	the	DET
ajfa-3366	22	16	requirement	requirement	NOUN
ajfa-3366	22	17	of	of	ADP
ajfa-3366	22	18	the	the	DET
ajfa-3366	22	19	economy	economy	NOUN
ajfa-3366	22	20	.	.	PUNCT
ajfa-3366	23	1	the	the	DET
ajfa-3366	23	2	year	year	NOUN
ajfa-3366	23	3	1999	1999	NUM
ajfa-3366	23	4	saw	see	VERB
ajfa-3366	23	5	a	a	DET
ajfa-3366	23	6	revolution	revolution	NOUN
ajfa-3366	23	7	in	in	ADP
ajfa-3366	23	8	the	the	DET
ajfa-3366	23	9	indian	indian	ADJ
ajfa-3366	23	10	insurance	insurance	NOUN
ajfa-3366	23	11	sector	sector	NOUN
ajfa-3366	23	12	,	,	PUNCT
ajfa-3366	23	13	as	as	SCONJ
ajfa-3366	23	14	major	major	ADJ
ajfa-3366	23	15	structural	structural	ADJ
ajfa-3366	23	16	changes	change	NOUN
ajfa-3366	23	17	took	take	VERB
ajfa-3366	23	18	place	place	NOUN
ajfa-3366	23	19	with	with	ADP
ajfa-3366	23	20	the	the	DET
ajfa-3366	23	21	ending	ending	NOUN
ajfa-3366	23	22	of	of	ADP
ajfa-3366	23	23	the	the	DET
ajfa-3366	23	24	government	government	NOUN
ajfa-3366	23	25	monopoly	monopoly	NOUN
ajfa-3366	23	26	and	and	CCONJ
ajfa-3366	23	27	the	the	DET
ajfa-3366	23	28	passage	passage	NOUN
ajfa-3366	23	29	of	of	ADP
ajfa-3366	23	30	the	the	DET
ajfa-3366	23	31	insurance	insurance	NOUN
ajfa-3366	23	32	regulatory	regulatory	ADJ
ajfa-3366	23	33	and	and	CCONJ
ajfa-3366	23	34	development	development	NOUN
ajfa-3366	23	35	authority	authority	NOUN
ajfa-3366	23	36	(	(	PUNCT
ajfa-3366	23	37	irda	irda	ADJ
ajfa-3366	23	38	)	)	PUNCT
ajfa-3366	23	39	bill	bill	NOUN
ajfa-3366	23	40	,	,	PUNCT
ajfa-3366	23	41	lifting	lift	VERB
ajfa-3366	23	42	entry	entry	NOUN
ajfa-3366	23	43	restrictions	restriction	NOUN
ajfa-3366	23	44	for	for	ADP
ajfa-3366	23	45	private	private	ADJ
ajfa-3366	23	46	players	player	NOUN
ajfa-3366	23	47	,	,	PUNCT
ajfa-3366	23	48	and	and	CCONJ
ajfa-3366	23	49	allowing	allow	VERB
ajfa-3366	23	50	foreign	foreign	ADJ
ajfa-3366	23	51	players	player	NOUN
ajfa-3366	23	52	to	to	PART
ajfa-3366	23	53	enter	enter	VERB
ajfa-3366	23	54	the	the	DET
ajfa-3366	23	55	market	market	NOUN
ajfa-3366	23	56	with	with	ADP
ajfa-3366	23	57	some	some	DET
ajfa-3366	23	58	limits	limit	NOUN
ajfa-3366	23	59	(	(	PUNCT
ajfa-3366	23	60	26	26	NUM
ajfa-3366	23	61	percent	percent	NOUN
ajfa-3366	23	62	)	)	PUNCT
ajfa-3366	23	63	on	on	ADP
ajfa-3366	23	64	direct	direct	ADJ
ajfa-3366	23	65	foreign	foreign	ADJ
ajfa-3366	23	66	ownership	ownership	NOUN
ajfa-3366	23	67	.	.	PUNCT
ajfa-3366	24	1	the	the	DET
ajfa-3366	24	2	insurance	insurance	NOUN
ajfa-3366	24	3	industry	industry	NOUN
ajfa-3366	24	4	has	have	AUX
ajfa-3366	24	5	been	be	AUX
ajfa-3366	24	6	maintaining	maintain	VERB
ajfa-3366	24	7	its	its	PRON
ajfa-3366	24	8	constant	constant	ADJ
ajfa-3366	24	9	growth	growth	NOUN
ajfa-3366	24	10	rate	rate	NOUN
ajfa-3366	24	11	of	of	ADP
ajfa-3366	24	12	15	15	NUM
ajfa-3366	24	13	%	%	NOUN
ajfa-3366	24	14	to	to	PART
ajfa-3366	24	15	16	16	NUM
ajfa-3366	24	16	%	%	NOUN
ajfa-3366	24	17	over	over	ADP
ajfa-3366	24	18	the	the	DET
ajfa-3366	24	19	last	last	ADJ
ajfa-3366	24	20	few	few	ADJ
ajfa-3366	24	21	years	year	NOUN
ajfa-3366	24	22	.	.	PUNCT
ajfa-3366	25	1	as	as	ADP
ajfa-3366	25	2	a	a	DET
ajfa-3366	25	3	result	result	NOUN
ajfa-3366	25	4	,	,	PUNCT
ajfa-3366	25	5	the	the	DET
ajfa-3366	25	6	insurance	insurance	NOUN
ajfa-3366	25	7	penetration	penetration	NOUN
ajfa-3366	25	8	rose	rise	VERB
ajfa-3366	25	9	to	to	ADP
ajfa-3366	25	10	4.6	4.6	NUM
ajfa-3366	25	11	%	%	NOUN
ajfa-3366	25	12	in	in	ADP
ajfa-3366	25	13	the	the	DET
ajfa-3366	25	14	year	year	NOUN
ajfa-3366	25	15	2009	2009	NUM
ajfa-3366	25	16	-	-	SYM
ajfa-3366	25	17	10	10	NUM
ajfa-3366	25	18	for	for	ADP
ajfa-3366	25	19	life	life	NOUN
ajfa-3366	25	20	segment	segment	NOUN
ajfa-3366	25	21	and	and	CCONJ
ajfa-3366	25	22	remained	remain	VERB
ajfa-3366	25	23	stagnant	stagnant	ADJ
ajfa-3366	25	24	at	at	ADP
ajfa-3366	25	25	nearly	nearly	ADV
ajfa-3366	25	26	0.6	0.6	NUM
ajfa-3366	25	27	%	%	NOUN
ajfa-3366	25	28	in	in	ADP
ajfa-3366	25	29	the	the	DET
ajfa-3366	25	30	case	case	NOUN
ajfa-3366	25	31	of	of	ADP
ajfa-3366	25	32	non	non	ADJ
ajfa-3366	25	33	-	-	ADJ
ajfa-3366	25	34	life	life	ADJ
ajfa-3366	25	35	insurance	insurance	NOUN
ajfa-3366	25	36	(	(	PUNCT
ajfa-3366	25	37	insurance	insurance	NOUN
ajfa-3366	25	38	regulatory	regulatory	ADJ
ajfa-3366	25	39	and	and	CCONJ
ajfa-3366	25	40	development	development	NOUN
ajfa-3366	25	41	authority	authority	NOUN
ajfa-3366	25	42	(	(	PUNCT
ajfa-3366	25	43	irda	irda	PROPN
ajfa-3366	25	44	)	)	PUNCT
ajfa-3366	25	45	,	,	PUNCT
ajfa-3366	25	46	2009	2009	NUM
ajfa-3366	25	47	-	-	SYM
ajfa-3366	25	48	10	10	NUM
ajfa-3366	25	49	)	)	PUNCT
ajfa-3366	25	50	.	.	PUNCT
ajfa-3366	26	1	one	one	NUM
ajfa-3366	26	2	of	of	ADP
ajfa-3366	26	3	the	the	DET
ajfa-3366	26	4	reasons	reason	NOUN
ajfa-3366	26	5	for	for	ADP
ajfa-3366	26	6	low	low	ADJ
ajfa-3366	26	7	penetration	penetration	NOUN
ajfa-3366	26	8	in	in	ADP
ajfa-3366	26	9	general	general	ADJ
ajfa-3366	26	10	insurance	insurance	NOUN
ajfa-3366	26	11	has	have	AUX
ajfa-3366	26	12	been	be	AUX
ajfa-3366	26	13	lack	lack	NOUN
ajfa-3366	26	14	of	of	ADP
ajfa-3366	26	15	concerted	concerted	ADJ
ajfa-3366	26	16	efforts	effort	NOUN
ajfa-3366	26	17	to	to	PART
ajfa-3366	26	18	effectively	effectively	ADV
ajfa-3366	26	19	tap	tap	VERB
ajfa-3366	26	20	the	the	DET
ajfa-3366	26	21	retail	retail	ADJ
ajfa-3366	26	22	segment	segment	NOUN
ajfa-3366	26	23	(	(	PUNCT
ajfa-3366	26	24	parekh	parekh	PROPN
ajfa-3366	26	25	,	,	PUNCT
ajfa-3366	26	26	2007	2007	NUM
ajfa-3366	26	27	)	)	PUNCT
ajfa-3366	26	28	.	.	PUNCT
ajfa-3366	27	1	the	the	DET
ajfa-3366	27	2	reforms	reform	NOUN
ajfa-3366	27	3	of	of	ADP
ajfa-3366	27	4	indian	indian	ADJ
ajfa-3366	27	5	insurance	insurance	NOUN
ajfa-3366	27	6	sector	sector	NOUN
ajfa-3366	27	7	brought	bring	VERB
ajfa-3366	27	8	substantial	substantial	ADJ
ajfa-3366	27	9	changes	change	NOUN
ajfa-3366	27	10	in	in	ADP
ajfa-3366	27	11	the	the	DET
ajfa-3366	27	12	level	level	NOUN
ajfa-3366	27	13	of	of	ADP
ajfa-3366	27	14	competition	competition	NOUN
ajfa-3366	27	15	,	,	PUNCT
ajfa-3366	27	16	business	business	NOUN
ajfa-3366	27	17	environment	environment	NOUN
ajfa-3366	27	18	,	,	PUNCT
ajfa-3366	27	19	managing	manage	VERB
ajfa-3366	27	20	strategies	strategy	NOUN
ajfa-3366	27	21	,	,	PUNCT
ajfa-3366	27	22	service	service	NOUN
ajfa-3366	27	23	quality	quality	NOUN
ajfa-3366	27	24	and	and	CCONJ
ajfa-3366	27	25	advance	advance	ADJ
ajfa-3366	27	26	asian	asian	ADJ
ajfa-3366	27	27	journal	journal	NOUN
ajfa-3366	27	28	of	of	ADP
ajfa-3366	27	29	finance	finance	PROPN
ajfa-3366	27	30	&	&	CCONJ
ajfa-3366	27	31	accounting	accounting	PROPN
ajfa-3366	27	32	issn	issn	PROPN
ajfa-3366	27	33	1946	1946	NUM
ajfa-3366	27	34	-	-	PUNCT
ajfa-3366	27	35	052x	052x	NOUN
ajfa-3366	27	36	2013	2013	NUM
ajfa-3366	27	37	,	,	PUNCT
ajfa-3366	27	38	vol	vol	NOUN
ajfa-3366	27	39	.	.	PROPN
ajfa-3366	27	40	5	5	NUM
ajfa-3366	27	41	,	,	PUNCT
ajfa-3366	27	42	no	no	INTJ
ajfa-3366	27	43	.	.	NOUN
ajfa-3366	27	44	1	1	NUM
ajfa-3366	27	45	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	27	46	308	308	NUM
ajfa-3366	27	47	technology	technology	NOUN
ajfa-3366	27	48	front	front	NOUN
ajfa-3366	27	49	.	.	PUNCT
ajfa-3366	28	1	the	the	DET
ajfa-3366	28	2	wind	wind	NOUN
ajfa-3366	28	3	of	of	ADP
ajfa-3366	28	4	liberalization	liberalization	NOUN
ajfa-3366	28	5	,	,	PUNCT
ajfa-3366	28	6	globalization	globalization	NOUN
ajfa-3366	28	7	and	and	CCONJ
ajfa-3366	28	8	privatization	privatization	NOUN
ajfa-3366	28	9	has	have	AUX
ajfa-3366	28	10	opened	open	VERB
ajfa-3366	28	11	new	new	ADJ
ajfa-3366	28	12	vistas	vista	NOUN
ajfa-3366	28	13	in	in	ADP
ajfa-3366	28	14	the	the	DET
ajfa-3366	28	15	insurance	insurance	NOUN
ajfa-3366	28	16	industry	industry	NOUN
ajfa-3366	28	17	in	in	ADP
ajfa-3366	28	18	the	the	DET
ajfa-3366	28	19	generation	generation	NOUN
ajfa-3366	28	20	of	of	ADP
ajfa-3366	28	21	intensely	intensely	ADV
ajfa-3366	28	22	competitive	competitive	ADJ
ajfa-3366	28	23	environment	environment	NOUN
ajfa-3366	28	24	.	.	PUNCT
ajfa-3366	29	1	the	the	DET
ajfa-3366	29	2	post	post	ADJ
ajfa-3366	29	3	-	-	ADJ
ajfa-3366	29	4	liberalized	liberalized	ADJ
ajfa-3366	29	5	insurance	insurance	NOUN
ajfa-3366	29	6	industry	industry	NOUN
ajfa-3366	29	7	in	in	ADP
ajfa-3366	29	8	india	india	PROPN
ajfa-3366	29	9	has	have	AUX
ajfa-3366	29	10	been	be	AUX
ajfa-3366	29	11	witnessing	witness	VERB
ajfa-3366	29	12	a	a	DET
ajfa-3366	29	13	discernible	discernible	ADJ
ajfa-3366	29	14	shift	shift	NOUN
ajfa-3366	29	15	from	from	ADP
ajfa-3366	29	16	the	the	DET
ajfa-3366	29	17	sellers	seller	NOUN
ajfa-3366	29	18	'	'	PUNCT
ajfa-3366	29	19	to	to	ADP
ajfa-3366	29	20	the	the	DET
ajfa-3366	29	21	buyers	buyer	NOUN
ajfa-3366	29	22	'	'	PART
ajfa-3366	29	23	market	market	NOUN
ajfa-3366	29	24	(	(	PUNCT
ajfa-3366	29	25	rohit	rohit	PROPN
ajfa-3366	29	26	&	&	CCONJ
ajfa-3366	29	27	manjit	manjit	PROPN
ajfa-3366	29	28	,	,	PUNCT
ajfa-3366	29	29	2009	2009	NUM
ajfa-3366	29	30	)	)	PUNCT
ajfa-3366	29	31	.	.	PUNCT
ajfa-3366	30	1	further	far	ADV
ajfa-3366	30	2	,	,	PUNCT
ajfa-3366	30	3	industry	industry	NOUN
ajfa-3366	30	4	will	will	AUX
ajfa-3366	30	5	become	become	VERB
ajfa-3366	30	6	more	more	ADV
ajfa-3366	30	7	professional	professional	ADJ
ajfa-3366	30	8	(	(	PUNCT
ajfa-3366	30	9	shenhbargraman	shenhbargraman	NOUN
ajfa-3366	30	10	,	,	PUNCT
ajfa-3366	30	11	2001	2001	NUM
ajfa-3366	30	12	)	)	PUNCT
ajfa-3366	30	13	and	and	CCONJ
ajfa-3366	30	14	lowering	lower	VERB
ajfa-3366	30	15	the	the	DET
ajfa-3366	30	16	entry	entry	NOUN
ajfa-3366	30	17	barriers	barrier	NOUN
ajfa-3366	30	18	and	and	CCONJ
ajfa-3366	30	19	growing	grow	VERB
ajfa-3366	30	20	sophistication	sophistication	NOUN
ajfa-3366	30	21	of	of	ADP
ajfa-3366	30	22	customers	customer	NOUN
ajfa-3366	30	23	will	will	AUX
ajfa-3366	30	24	make	make	VERB
ajfa-3366	30	25	insurance	insurance	NOUN
ajfa-3366	30	26	market	market	NOUN
ajfa-3366	30	27	oligopolistic	oligopolistic	NOUN
ajfa-3366	30	28	.	.	PUNCT
ajfa-3366	31	1	the	the	DET
ajfa-3366	31	2	reformed	reformed	PROPN
ajfa-3366	31	3	insurance	insurance	NOUN
ajfa-3366	31	4	industry	industry	NOUN
ajfa-3366	31	5	has	have	AUX
ajfa-3366	31	6	offered	offer	VERB
ajfa-3366	31	7	a	a	DET
ajfa-3366	31	8	plethora	plethora	NOUN
ajfa-3366	31	9	of	of	ADP
ajfa-3366	31	10	new	new	ADJ
ajfa-3366	31	11	customer	customer	NOUN
ajfa-3366	31	12	friendly	friendly	ADJ
ajfa-3366	31	13	products	product	NOUN
ajfa-3366	31	14	,	,	PUNCT
ajfa-3366	31	15	new	new	ADJ
ajfa-3366	31	16	delivery	delivery	NOUN
ajfa-3366	31	17	channels	channel	NOUN
ajfa-3366	31	18	like	like	ADP
ajfa-3366	31	19	bancassurance	bancassurance	NOUN
ajfa-3366	31	20	,	,	PUNCT
ajfa-3366	31	21	corporate	corporate	ADJ
ajfa-3366	31	22	agents	agent	NOUN
ajfa-3366	31	23	,	,	PUNCT
ajfa-3366	31	24	brokers	broker	NOUN
ajfa-3366	31	25	and	and	CCONJ
ajfa-3366	31	26	direct	direct	ADJ
ajfa-3366	31	27	selling	selling	NOUN
ajfa-3366	31	28	through	through	ADP
ajfa-3366	31	29	the	the	DET
ajfa-3366	31	30	internet	internet	NOUN
ajfa-3366	31	31	,	,	PUNCT
ajfa-3366	31	32	greater	great	ADJ
ajfa-3366	31	33	use	use	NOUN
ajfa-3366	31	34	of	of	ADP
ajfa-3366	31	35	computerization	computerization	NOUN
ajfa-3366	31	36	and	and	CCONJ
ajfa-3366	31	37	information	information	NOUN
ajfa-3366	31	38	technology	technology	NOUN
ajfa-3366	31	39	.	.	PUNCT
ajfa-3366	32	1	the	the	DET
ajfa-3366	32	2	reforms	reform	NOUN
ajfa-3366	32	3	at	at	ADP
ajfa-3366	32	4	this	this	DET
ajfa-3366	32	5	stage	stage	NOUN
ajfa-3366	32	6	need	need	VERB
ajfa-3366	32	7	to	to	PART
ajfa-3366	32	8	be	be	AUX
ajfa-3366	32	9	reviewed	review	VERB
ajfa-3366	32	10	in	in	ADP
ajfa-3366	32	11	order	order	NOUN
ajfa-3366	32	12	to	to	PART
ajfa-3366	32	13	assess	assess	VERB
ajfa-3366	32	14	their	their	PRON
ajfa-3366	32	15	compatibility	compatibility	NOUN
ajfa-3366	32	16	vis	vis	X
ajfa-3366	32	17	-	-	PUNCT
ajfa-3366	32	18	a	a	X
ajfa-3366	32	19	-	-	PUNCT
ajfa-3366	32	20	vis	vis	X
ajfa-3366	32	21	the	the	DET
ajfa-3366	32	22	growth	growth	NOUN
ajfa-3366	32	23	and	and	CCONJ
ajfa-3366	32	24	performance	performance	NOUN
ajfa-3366	32	25	of	of	ADP
ajfa-3366	32	26	insurance	insurance	NOUN
ajfa-3366	32	27	industry	industry	NOUN
ajfa-3366	32	28	in	in	ADP
ajfa-3366	32	29	india	india	PROPN
ajfa-3366	32	30	.	.	PUNCT
ajfa-3366	33	1	the	the	DET
ajfa-3366	33	2	deregulation	deregulation	NOUN
ajfa-3366	33	3	of	of	ADP
ajfa-3366	33	4	general	general	ADJ
ajfa-3366	33	5	insurance	insurance	NOUN
ajfa-3366	33	6	industry	industry	NOUN
ajfa-3366	33	7	in	in	ADP
ajfa-3366	33	8	india	india	PROPN
ajfa-3366	33	9	is	be	AUX
ajfa-3366	33	10	having	have	VERB
ajfa-3366	33	11	far	far	ADV
ajfa-3366	33	12	reaching	reach	VERB
ajfa-3366	33	13	consequences	consequence	NOUN
ajfa-3366	33	14	in	in	ADP
ajfa-3366	33	15	terms	term	NOUN
ajfa-3366	33	16	of	of	ADP
ajfa-3366	33	17	market	market	NOUN
ajfa-3366	33	18	size	size	NOUN
ajfa-3366	33	19	,	,	PUNCT
ajfa-3366	33	20	structure	structure	NOUN
ajfa-3366	33	21	and	and	CCONJ
ajfa-3366	33	22	operational	operational	ADJ
ajfa-3366	33	23	practices	practice	NOUN
ajfa-3366	33	24	.	.	PUNCT
ajfa-3366	34	1	the	the	DET
ajfa-3366	34	2	effects	effect	NOUN
ajfa-3366	34	3	of	of	ADP
ajfa-3366	34	4	privatization	privatization	NOUN
ajfa-3366	34	5	and	and	CCONJ
ajfa-3366	34	6	deregulation	deregulation	NOUN
ajfa-3366	34	7	on	on	ADP
ajfa-3366	34	8	the	the	DET
ajfa-3366	34	9	firm	firm	NOUN
ajfa-3366	34	10	's	's	PART
ajfa-3366	34	11	performance	performance	NOUN
ajfa-3366	34	12	have	have	AUX
ajfa-3366	34	13	received	receive	VERB
ajfa-3366	34	14	bulk	bulk	NOUN
ajfa-3366	34	15	of	of	ADP
ajfa-3366	34	16	attention	attention	NOUN
ajfa-3366	34	17	at	at	ADP
ajfa-3366	34	18	national	national	ADJ
ajfa-3366	34	19	and	and	CCONJ
ajfa-3366	34	20	international	international	ADJ
ajfa-3366	34	21	level	level	NOUN
ajfa-3366	34	22	and	and	CCONJ
ajfa-3366	34	23	research	research	NOUN
ajfa-3366	34	24	has	have	AUX
ajfa-3366	34	25	revealed	reveal	VERB
ajfa-3366	34	26	that	that	SCONJ
ajfa-3366	34	27	liberalization	liberalization	NOUN
ajfa-3366	34	28	has	have	VERB
ajfa-3366	34	29	positive	positive	ADJ
ajfa-3366	34	30	long	long	ADJ
ajfa-3366	34	31	-	-	PUNCT
ajfa-3366	34	32	term	term	NOUN
ajfa-3366	34	33	effect	effect	NOUN
ajfa-3366	34	34	on	on	ADP
ajfa-3366	34	35	economic	economic	ADJ
ajfa-3366	34	36	growth	growth	NOUN
ajfa-3366	34	37	and	and	CCONJ
ajfa-3366	34	38	firm	firm	NOUN
ajfa-3366	34	39	's	's	PART
ajfa-3366	34	40	performance	performance	NOUN
ajfa-3366	34	41	(	(	PUNCT
ajfa-3366	34	42	dollar	dollar	NOUN
ajfa-3366	34	43	,	,	PUNCT
ajfa-3366	34	44	1992	1992	NUM
ajfa-3366	34	45	;	;	PUNCT
ajfa-3366	34	46	chennappa	chennappa	PROPN
ajfa-3366	34	47	,	,	PUNCT
ajfa-3366	34	48	2006	2006	NUM
ajfa-3366	34	49	;	;	PUNCT
ajfa-3366	34	50	sinha	sinha	NOUN
ajfa-3366	34	51	,	,	PUNCT
ajfa-3366	34	52	2006	2006	NUM
ajfa-3366	34	53	;	;	PUNCT
ajfa-3366	34	54	oetzel	oetzel	NOUN
ajfa-3366	34	55	&	&	CCONJ
ajfa-3366	34	56	banerjee	banerjee	PROPN
ajfa-3366	34	57	,	,	PUNCT
ajfa-3366	34	58	2008	2008	NUM
ajfa-3366	34	59	)	)	PUNCT
ajfa-3366	34	60	.	.	PUNCT
ajfa-3366	35	1	however	however	ADV
ajfa-3366	35	2	,	,	PUNCT
ajfa-3366	35	3	available	available	ADJ
ajfa-3366	35	4	literature	literature	NOUN
ajfa-3366	35	5	on	on	ADP
ajfa-3366	35	6	insurance	insurance	NOUN
ajfa-3366	35	7	sector	sector	NOUN
ajfa-3366	35	8	has	have	AUX
ajfa-3366	35	9	neither	neither	CCONJ
ajfa-3366	35	10	stated	state	VERB
ajfa-3366	35	11	that	that	SCONJ
ajfa-3366	35	12	whether	whether	SCONJ
ajfa-3366	35	13	the	the	DET
ajfa-3366	35	14	indian	indian	ADJ
ajfa-3366	35	15	industry	industry	NOUN
ajfa-3366	35	16	stand	stand	VERB
ajfa-3366	35	17	in	in	ADP
ajfa-3366	35	18	compliance	compliance	NOUN
ajfa-3366	35	19	with	with	ADP
ajfa-3366	35	20	solvency	solvency	NOUN
ajfa-3366	35	21	norms	norm	NOUN
ajfa-3366	35	22	applicable	applicable	ADJ
ajfa-3366	35	23	at	at	ADP
ajfa-3366	35	24	international	international	ADJ
ajfa-3366	35	25	levels	level	NOUN
ajfa-3366	35	26	nor	nor	CCONJ
ajfa-3366	35	27	the	the	DET
ajfa-3366	35	28	significant	significant	ADJ
ajfa-3366	35	29	factors	factor	NOUN
ajfa-3366	35	30	have	have	AUX
ajfa-3366	35	31	been	be	AUX
ajfa-3366	35	32	highlighted	highlight	VERB
ajfa-3366	35	33	which	which	PRON
ajfa-3366	35	34	affect	affect	VERB
ajfa-3366	35	35	financial	financial	ADJ
ajfa-3366	35	36	stability	stability	NOUN
ajfa-3366	35	37	of	of	ADP
ajfa-3366	35	38	insurance	insurance	NOUN
ajfa-3366	35	39	business	business	NOUN
ajfa-3366	35	40	and	and	CCONJ
ajfa-3366	35	41	subsequently	subsequently	ADV
ajfa-3366	35	42	to	to	ADP
ajfa-3366	35	43	solvency	solvency	NOUN
ajfa-3366	35	44	position	position	NOUN
ajfa-3366	35	45	of	of	ADP
ajfa-3366	35	46	insurers	insurer	NOUN
ajfa-3366	35	47	.	.	PUNCT
ajfa-3366	36	1	the	the	DET
ajfa-3366	36	2	present	present	ADJ
ajfa-3366	36	3	study	study	NOUN
ajfa-3366	36	4	therefore	therefore	ADV
ajfa-3366	36	5	attempts	attempt	VERB
ajfa-3366	36	6	to	to	PART
ajfa-3366	36	7	fill	fill	VERB
ajfa-3366	36	8	this	this	DET
ajfa-3366	36	9	research	research	NOUN
ajfa-3366	36	10	gap	gap	NOUN
ajfa-3366	36	11	so	so	SCONJ
ajfa-3366	36	12	as	as	SCONJ
ajfa-3366	36	13	to	to	PART
ajfa-3366	36	14	highlight	highlight	VERB
ajfa-3366	36	15	whether	whether	SCONJ
ajfa-3366	36	16	indian	indian	ADJ
ajfa-3366	36	17	insurance	insurance	NOUN
ajfa-3366	36	18	industry	industry	NOUN
ajfa-3366	36	19	has	have	AUX
ajfa-3366	36	20	been	be	AUX
ajfa-3366	36	21	able	able	ADJ
ajfa-3366	36	22	to	to	PART
ajfa-3366	36	23	satisfy	satisfy	VERB
ajfa-3366	36	24	it	it	PRON
ajfa-3366	36	25	or	or	CCONJ
ajfa-3366	36	26	not	not	PART
ajfa-3366	36	27	.	.	PUNCT
ajfa-3366	37	1	further	far	ADV
ajfa-3366	37	2	,	,	PUNCT
ajfa-3366	37	3	this	this	DET
ajfa-3366	37	4	study	study	NOUN
ajfa-3366	37	5	analyses	analyse	VERB
ajfa-3366	37	6	the	the	DET
ajfa-3366	37	7	factors	factor	NOUN
ajfa-3366	37	8	responsible	responsible	ADJ
ajfa-3366	37	9	for	for	ADP
ajfa-3366	37	10	jeopardizing	jeopardize	VERB
ajfa-3366	37	11	solvency	solvency	NOUN
ajfa-3366	37	12	status	status	NOUN
ajfa-3366	37	13	of	of	ADP
ajfa-3366	37	14	indian	indian	ADJ
ajfa-3366	37	15	non	non	ADJ
ajfa-3366	37	16	life	life	PROPN
ajfa-3366	37	17	insurers	insurer	NOUN
ajfa-3366	37	18	.	.	PUNCT
ajfa-3366	38	1	objectives	objective	NOUN
ajfa-3366	38	2	of	of	ADP
ajfa-3366	38	3	the	the	DET
ajfa-3366	38	4	study	study	NOUN
ajfa-3366	38	5	the	the	DET
ajfa-3366	38	6	study	study	NOUN
ajfa-3366	38	7	has	have	VERB
ajfa-3366	38	8	the	the	DET
ajfa-3366	38	9	following	follow	VERB
ajfa-3366	38	10	broad	broad	ADJ
ajfa-3366	38	11	objectives	objective	NOUN
ajfa-3366	38	12	;	;	PUNCT
ajfa-3366	38	13	1	1	X
ajfa-3366	38	14	.	.	X
ajfa-3366	38	15	to	to	PART
ajfa-3366	38	16	study	study	VERB
ajfa-3366	38	17	the	the	DET
ajfa-3366	38	18	solvency	solvency	NOUN
ajfa-3366	38	19	position	position	NOUN
ajfa-3366	38	20	of	of	ADP
ajfa-3366	38	21	indian	indian	ADJ
ajfa-3366	38	22	non	non	ADJ
ajfa-3366	38	23	life	life	NOUN
ajfa-3366	38	24	insurance	insurance	NOUN
ajfa-3366	38	25	companies	company	NOUN
ajfa-3366	38	26	with	with	ADP
ajfa-3366	38	27	respect	respect	NOUN
ajfa-3366	38	28	to	to	ADP
ajfa-3366	38	29	prescribed	prescribe	VERB
ajfa-3366	38	30	solvency	solvency	NOUN
ajfa-3366	38	31	norms	norm	NOUN
ajfa-3366	38	32	set	set	VERB
ajfa-3366	38	33	by	by	ADP
ajfa-3366	38	34	insurance	insurance	NOUN
ajfa-3366	38	35	solvency	solvency	NOUN
ajfa-3366	38	36	international	international	ADJ
ajfa-3366	38	37	limited	limited	PROPN
ajfa-3366	38	38	(	(	PUNCT
ajfa-3366	38	39	isi	isi	PROPN
ajfa-3366	38	40	)	)	PUNCT
ajfa-3366	38	41	.	.	PUNCT
ajfa-3366	39	1	2	2	X
ajfa-3366	39	2	.	.	PUNCT
ajfa-3366	39	3	to	to	PART
ajfa-3366	39	4	make	make	VERB
ajfa-3366	39	5	regression	regression	NOUN
ajfa-3366	39	6	analysis	analysis	NOUN
ajfa-3366	39	7	of	of	ADP
ajfa-3366	39	8	the	the	DET
ajfa-3366	39	9	factors	factor	NOUN
ajfa-3366	39	10	having	have	VERB
ajfa-3366	39	11	impact	impact	NOUN
ajfa-3366	39	12	on	on	ADP
ajfa-3366	39	13	the	the	DET
ajfa-3366	39	14	solvency	solvency	NOUN
ajfa-3366	39	15	position	position	NOUN
ajfa-3366	39	16	of	of	ADP
ajfa-3366	39	17	indian	indian	ADJ
ajfa-3366	39	18	non	non	ADJ
ajfa-3366	39	19	life	life	NOUN
ajfa-3366	39	20	insurance	insurance	NOUN
ajfa-3366	39	21	companies	company	NOUN
ajfa-3366	39	22	.	.	PUNCT
ajfa-3366	40	1	review	review	NOUN
ajfa-3366	40	2	of	of	ADP
ajfa-3366	40	3	literature	literature	PROPN
ajfa-3366	40	4	rao	rao	PROPN
ajfa-3366	40	5	(	(	PUNCT
ajfa-3366	40	6	2007	2007	NUM
ajfa-3366	40	7	)	)	PUNCT
ajfa-3366	40	8	opined	opine	VERB
ajfa-3366	40	9	that	that	SCONJ
ajfa-3366	40	10	a	a	DET
ajfa-3366	40	11	land	land	NOUN
ajfa-3366	40	12	mark	mark	NOUN
ajfa-3366	40	13	year	year	NOUN
ajfa-3366	40	14	in	in	ADP
ajfa-3366	40	15	the	the	DET
ajfa-3366	40	16	history	history	NOUN
ajfa-3366	40	17	of	of	ADP
ajfa-3366	40	18	indian	indian	ADJ
ajfa-3366	40	19	insurance	insurance	NOUN
ajfa-3366	40	20	industry	industry	NOUN
ajfa-3366	40	21	was	be	AUX
ajfa-3366	40	22	1999	1999	NUM
ajfa-3366	40	23	-	-	SYM
ajfa-3366	40	24	2000	2000	NUM
ajfa-3366	40	25	.	.	PUNCT
ajfa-3366	41	1	the	the	DET
ajfa-3366	41	2	year	year	NOUN
ajfa-3366	41	3	2007	2007	NUM
ajfa-3366	41	4	is	be	AUX
ajfa-3366	41	5	going	go	VERB
ajfa-3366	41	6	to	to	ADP
ajfa-3366	41	7	another	another	DET
ajfa-3366	41	8	watershed	watershed	NOUN
ajfa-3366	41	9	for	for	ADP
ajfa-3366	41	10	the	the	DET
ajfa-3366	41	11	industry	industry	NOUN
ajfa-3366	41	12	because	because	SCONJ
ajfa-3366	41	13	de	de	PROPN
ajfa-3366	41	14	-	-	NOUN
ajfa-3366	41	15	tariffication	tariffication	NOUN
ajfa-3366	41	16	from	from	ADP
ajfa-3366	41	17	first	first	ADJ
ajfa-3366	41	18	january	january	PROPN
ajfa-3366	41	19	2007	2007	NUM
ajfa-3366	41	20	has	have	AUX
ajfa-3366	41	21	totally	totally	ADV
ajfa-3366	41	22	changed	change	VERB
ajfa-3366	41	23	the	the	DET
ajfa-3366	41	24	complexion	complexion	NOUN
ajfa-3366	41	25	of	of	ADP
ajfa-3366	41	26	the	the	DET
ajfa-3366	41	27	non	non	ADJ
ajfa-3366	41	28	-	-	ADJ
ajfa-3366	41	29	life	life	ADJ
ajfa-3366	41	30	insurance	insurance	NOUN
ajfa-3366	41	31	industry	industry	NOUN
ajfa-3366	41	32	.	.	PUNCT
ajfa-3366	42	1	since	since	SCONJ
ajfa-3366	42	2	financial	financial	ADJ
ajfa-3366	42	3	inclusion	inclusion	NOUN
ajfa-3366	42	4	is	be	AUX
ajfa-3366	42	5	being	be	AUX
ajfa-3366	42	6	emphasized	emphasize	VERB
ajfa-3366	42	7	in	in	ADP
ajfa-3366	42	8	various	various	ADJ
ajfa-3366	42	9	levels	level	NOUN
ajfa-3366	42	10	,	,	PUNCT
ajfa-3366	42	11	the	the	DET
ajfa-3366	42	12	insurance	insurance	NOUN
ajfa-3366	42	13	industry	industry	NOUN
ajfa-3366	42	14	will	will	AUX
ajfa-3366	42	15	have	have	VERB
ajfa-3366	42	16	to	to	PART
ajfa-3366	42	17	play	play	VERB
ajfa-3366	42	18	a	a	DET
ajfa-3366	42	19	vital	vital	ADJ
ajfa-3366	42	20	role	role	NOUN
ajfa-3366	42	21	by	by	ADP
ajfa-3366	42	22	providing	provide	VERB
ajfa-3366	42	23	health	health	NOUN
ajfa-3366	42	24	insurance	insurance	NOUN
ajfa-3366	42	25	and	and	CCONJ
ajfa-3366	42	26	other	other	ADJ
ajfa-3366	42	27	insurance	insurance	NOUN
ajfa-3366	42	28	products	product	NOUN
ajfa-3366	42	29	for	for	ADP
ajfa-3366	42	30	the	the	DET
ajfa-3366	42	31	poor	poor	ADJ
ajfa-3366	42	32	.	.	PUNCT
ajfa-3366	43	1	(	(	PUNCT
ajfa-3366	43	2	jain	jain	PROPN
ajfa-3366	43	3	,	,	PUNCT
ajfa-3366	43	4	2004	2004	NUM
ajfa-3366	43	5	)	)	PUNCT
ajfa-3366	43	6	revealed	reveal	VERB
ajfa-3366	43	7	that	that	SCONJ
ajfa-3366	43	8	waves	wave	NOUN
ajfa-3366	43	9	of	of	ADP
ajfa-3366	43	10	liberalization	liberalization	NOUN
ajfa-3366	43	11	have	have	AUX
ajfa-3366	43	12	done	do	VERB
ajfa-3366	43	13	wonders	wonder	NOUN
ajfa-3366	43	14	to	to	PART
ajfa-3366	43	15	develop	develop	VERB
ajfa-3366	43	16	the	the	DET
ajfa-3366	43	17	insurance	insurance	NOUN
ajfa-3366	43	18	to	to	ADP
ajfa-3366	43	19	the	the	DET
ajfa-3366	43	20	status	status	NOUN
ajfa-3366	43	21	of	of	ADP
ajfa-3366	43	22	a	a	DET
ajfa-3366	43	23	career	career	NOUN
ajfa-3366	43	24	with	with	ADP
ajfa-3366	43	25	a	a	DET
ajfa-3366	43	26	bright	bright	ADJ
ajfa-3366	43	27	future	future	NOUN
ajfa-3366	43	28	.	.	PUNCT
ajfa-3366	44	1	the	the	DET
ajfa-3366	44	2	average	average	ADJ
ajfa-3366	44	3	mindset	mindset	NOUN
ajfa-3366	44	4	,	,	PUNCT
ajfa-3366	44	5	particularly	particularly	ADV
ajfa-3366	44	6	of	of	ADP
ajfa-3366	44	7	younger	young	ADJ
ajfa-3366	44	8	generation	generation	NOUN
ajfa-3366	44	9	in	in	ADP
ajfa-3366	44	10	india	india	PROPN
ajfa-3366	44	11	is	be	AUX
ajfa-3366	44	12	very	very	ADV
ajfa-3366	44	13	amenable	amenable	ADJ
ajfa-3366	44	14	to	to	ADP
ajfa-3366	44	15	these	these	DET
ajfa-3366	44	16	changes	change	NOUN
ajfa-3366	44	17	in	in	ADP
ajfa-3366	44	18	insurance	insurance	NOUN
ajfa-3366	44	19	as	as	ADP
ajfa-3366	44	20	an	an	DET
ajfa-3366	44	21	avenue	avenue	NOUN
ajfa-3366	44	22	where	where	SCONJ
ajfa-3366	44	23	exhilarating	exhilarating	ADJ
ajfa-3366	44	24	opportunities	opportunity	NOUN
ajfa-3366	44	25	are	be	AUX
ajfa-3366	44	26	opened	open	VERB
ajfa-3366	44	27	up	up	ADP
ajfa-3366	44	28	in	in	ADP
ajfa-3366	44	29	changed	change	VERB
ajfa-3366	44	30	environment	environment	NOUN
ajfa-3366	44	31	.	.	PUNCT
ajfa-3366	45	1	after	after	ADP
ajfa-3366	45	2	ten	ten	NUM
ajfa-3366	45	3	years	year	NOUN
ajfa-3366	45	4	in	in	ADP
ajfa-3366	45	5	competitive	competitive	ADJ
ajfa-3366	45	6	market	market	NOUN
ajfa-3366	45	7	,	,	PUNCT
ajfa-3366	45	8	the	the	DET
ajfa-3366	45	9	indian	indian	ADJ
ajfa-3366	45	10	insurance	insurance	NOUN
ajfa-3366	45	11	industry	industry	NOUN
ajfa-3366	45	12	has	have	VERB
ajfa-3366	45	13	asian	asian	ADJ
ajfa-3366	45	14	journal	journal	NOUN
ajfa-3366	45	15	of	of	ADP
ajfa-3366	45	16	finance	finance	PROPN
ajfa-3366	45	17	&	&	CCONJ
ajfa-3366	45	18	accounting	accounting	PROPN
ajfa-3366	45	19	issn	issn	PROPN
ajfa-3366	45	20	1946	1946	NUM
ajfa-3366	45	21	-	-	PUNCT
ajfa-3366	45	22	052x	052x	NOUN
ajfa-3366	45	23	2013	2013	NUM
ajfa-3366	45	24	,	,	PUNCT
ajfa-3366	45	25	vol	vol	NOUN
ajfa-3366	45	26	.	.	PROPN
ajfa-3366	45	27	5	5	NUM
ajfa-3366	45	28	,	,	PUNCT
ajfa-3366	45	29	no	no	INTJ
ajfa-3366	45	30	.	.	NOUN
ajfa-3366	45	31	1	1	NUM
ajfa-3366	45	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-3366	45	33	309	309	NUM
ajfa-3366	45	34	exhibited	exhibit	VERB
ajfa-3366	45	35	a	a	DET
ajfa-3366	45	36	healthy	healthy	ADJ
ajfa-3366	45	37	growth	growth	NOUN
ajfa-3366	45	38	trend	trend	NOUN
ajfa-3366	45	39	of	of	ADP
ajfa-3366	45	40	new	new	ADJ
ajfa-3366	45	41	business	business	NOUN
ajfa-3366	45	42	and	and	CCONJ
ajfa-3366	45	43	market	market	NOUN
ajfa-3366	45	44	share	share	NOUN
ajfa-3366	45	45	.	.	PUNCT
ajfa-3366	46	1	the	the	DET
ajfa-3366	46	2	total	total	ADJ
ajfa-3366	46	3	premium	premium	NOUN
ajfa-3366	46	4	underwritten	underwrite	VERB
ajfa-3366	46	5	rose	rise	VERB
ajfa-3366	46	6	to	to	ADP
ajfa-3366	46	7	rs	rs	PROPN
ajfa-3366	46	8	35,816	35,816	NUM
ajfa-3366	46	9	crores	crore	NOUN
ajfa-3366	46	10	,	,	PUNCT
ajfa-3366	46	11	registering	register	VERB
ajfa-3366	46	12	a	a	DET
ajfa-3366	46	13	growth	growth	NOUN
ajfa-3366	46	14	of	of	ADP
ajfa-3366	46	15	13.44	13.44	NUM
ajfa-3366	46	16	per	per	ADP
ajfa-3366	46	17	cent	cent	NOUN
ajfa-3366	46	18	in	in	ADP
ajfa-3366	46	19	2009	2009	NUM
ajfa-3366	46	20	-	-	SYM
ajfa-3366	46	21	10	10	NUM
ajfa-3366	46	22	.	.	PUNCT
ajfa-3366	47	1	in	in	ADP
ajfa-3366	47	2	addition	addition	NOUN
ajfa-3366	47	3	to	to	ADP
ajfa-3366	47	4	this	this	PRON
ajfa-3366	47	5	,	,	PUNCT
ajfa-3366	47	6	even	even	ADV
ajfa-3366	47	7	today	today	NOUN
ajfa-3366	47	8	“	"	PUNCT
ajfa-3366	47	9	insurance	insurance	NOUN
ajfa-3366	47	10	is	be	AUX
ajfa-3366	47	11	treated	treat	VERB
ajfa-3366	47	12	as	as	ADP
ajfa-3366	47	13	vital	vital	ADJ
ajfa-3366	47	14	economic	economic	ADJ
ajfa-3366	47	15	activity	activity	NOUN
ajfa-3366	47	16	and	and	CCONJ
ajfa-3366	47	17	there	there	PRON
ajfa-3366	47	18	is	be	VERB
ajfa-3366	47	19	an	an	DET
ajfa-3366	47	20	excellent	excellent	ADJ
ajfa-3366	47	21	scope	scope	NOUN
ajfa-3366	47	22	for	for	ADP
ajfa-3366	47	23	its	its	PRON
ajfa-3366	47	24	growth	growth	NOUN
ajfa-3366	47	25	in	in	ADP
ajfa-3366	47	26	the	the	DET
ajfa-3366	47	27	emerging	emerge	VERB
ajfa-3366	47	28	markets	market	NOUN
ajfa-3366	47	29	"	"	PUNCT
ajfa-3366	47	30	.	.	PUNCT
ajfa-3366	48	1	the	the	DET
ajfa-3366	48	2	opening	opening	NOUN
ajfa-3366	48	3	up	up	ADP
ajfa-3366	48	4	of	of	ADP
ajfa-3366	48	5	the	the	DET
ajfa-3366	48	6	insurance	insurance	NOUN
ajfa-3366	48	7	sector	sector	NOUN
ajfa-3366	48	8	has	have	AUX
ajfa-3366	48	9	raised	raise	VERB
ajfa-3366	48	10	high	high	ADJ
ajfa-3366	48	11	hopes	hope	NOUN
ajfa-3366	48	12	both	both	CCONJ
ajfa-3366	48	13	in	in	ADP
ajfa-3366	48	14	india	india	PROPN
ajfa-3366	48	15	and	and	CCONJ
ajfa-3366	48	16	abroad	abroad	ADV
ajfa-3366	48	17	.	.	PUNCT
ajfa-3366	49	1	the	the	DET
ajfa-3366	49	2	recent	recent	ADJ
ajfa-3366	49	3	de	de	NOUN
ajfa-3366	49	4	-	-	NOUN
ajfa-3366	49	5	tarrification	tarrification	NOUN
ajfa-3366	49	6	in	in	ADP
ajfa-3366	49	7	the	the	DET
ajfa-3366	49	8	non	non	ADJ
ajfa-3366	49	9	-	-	ADJ
ajfa-3366	49	10	life	life	ADJ
ajfa-3366	49	11	domain	domain	NOUN
ajfa-3366	49	12	has	have	AUX
ajfa-3366	49	13	provided	provide	VERB
ajfa-3366	49	14	a	a	DET
ajfa-3366	49	15	great	great	ADJ
ajfa-3366	49	16	deal	deal	NOUN
ajfa-3366	49	17	of	of	ADP
ajfa-3366	49	18	operational	operational	ADJ
ajfa-3366	49	19	freedom	freedom	NOUN
ajfa-3366	49	20	to	to	ADP
ajfa-3366	49	21	the	the	DET
ajfa-3366	49	22	players	player	NOUN
ajfa-3366	49	23	”	"	PUNCT
ajfa-3366	49	24	(	(	PUNCT
ajfa-3366	49	25	rao	rao	NOUN
ajfa-3366	49	26	,	,	PUNCT
ajfa-3366	49	27	1998	1998	NUM
ajfa-3366	49	28	;	;	PUNCT
ajfa-3366	49	29	roa	roa	PROPN
ajfa-3366	49	30	,	,	PUNCT
ajfa-3366	49	31	2007a	2007a	NUM
ajfa-3366	49	32	)	)	PUNCT
ajfa-3366	49	33	.	.	PUNCT
ajfa-3366	50	1	studies	study	NOUN
ajfa-3366	50	2	have	have	AUX
ajfa-3366	50	3	also	also	ADV
ajfa-3366	50	4	looked	look	VERB
ajfa-3366	50	5	at	at	ADP
ajfa-3366	50	6	the	the	DET
ajfa-3366	50	7	insolvency	insolvency	NOUN
ajfa-3366	50	8	prediction	prediction	NOUN
ajfa-3366	50	9	abilities	ability	NOUN
ajfa-3366	50	10	of	of	ADP
ajfa-3366	50	11	"	"	PUNCT
ajfa-3366	50	12	insurance	insurance	NOUN
ajfa-3366	50	13	regulatory	regulatory	ADJ
ajfa-3366	50	14	information	information	NOUN
ajfa-3366	50	15	system	system	NOUN
ajfa-3366	50	16	(	(	PUNCT
ajfa-3366	50	17	iris	iris	NOUN
ajfa-3366	50	18	)	)	PUNCT
ajfa-3366	50	19	ratios	ratio	NOUN
ajfa-3366	50	20	iris	iris	NOUN
ajfa-3366	50	21	(	(	PUNCT
ajfa-3366	50	22	brockett	brockett	PROPN
ajfa-3366	50	23	et	et	PROPN
ajfa-3366	50	24	al	al	PROPN
ajfa-3366	50	25	.	.	PROPN
ajfa-3366	50	26	,	,	PUNCT
ajfa-3366	50	27	1994	1994	NUM
ajfa-3366	50	28	)	)	PUNCT
ajfa-3366	50	29	,	,	PUNCT
ajfa-3366	50	30	the	the	DET
ajfa-3366	50	31	national	national	PROPN
ajfa-3366	50	32	association	association	PROPN
ajfa-3366	50	33	of	of	ADP
ajfa-3366	50	34	insurance	insurance	NOUN
ajfa-3366	50	35	commissioners	commissioner	NOUN
ajfa-3366	50	36	(	(	PUNCT
ajfa-3366	50	37	naic	naic	PROPN
ajfa-3366	50	38	)	)	PUNCT
ajfa-3366	50	39	ratios	ratio	NOUN
ajfa-3366	50	40	(	(	PUNCT
ajfa-3366	50	41	cummins	cummin	NOUN
ajfa-3366	50	42	et	et	NOUN
ajfa-3366	50	43	al	al	PROPN
ajfa-3366	50	44	.	.	PROPN
ajfa-3366	50	45	,	,	PUNCT
ajfa-3366	50	46	1995	1995	NUM
ajfa-3366	50	47	)	)	PUNCT
ajfa-3366	50	48	.	.	PUNCT
ajfa-3366	51	1	although	although	SCONJ
ajfa-3366	51	2	the	the	DET
ajfa-3366	51	3	issue	issue	NOUN
ajfa-3366	51	4	of	of	ADP
ajfa-3366	51	5	insolvency	insolvency	NOUN
ajfa-3366	51	6	was	be	AUX
ajfa-3366	51	7	dealt	deal	VERB
ajfa-3366	51	8	with	with	ADP
ajfa-3366	51	9	rigor	rigor	NOUN
ajfa-3366	51	10	in	in	ADP
ajfa-3366	51	11	most	most	ADJ
ajfa-3366	51	12	of	of	ADP
ajfa-3366	51	13	the	the	DET
ajfa-3366	51	14	studies	study	NOUN
ajfa-3366	51	15	,	,	PUNCT
ajfa-3366	51	16	but	but	CCONJ
ajfa-3366	51	17	none	none	NOUN
ajfa-3366	51	18	of	of	ADP
ajfa-3366	51	19	them	they	PRON
ajfa-3366	51	20	have	have	AUX
ajfa-3366	51	21	attempted	attempt	VERB
ajfa-3366	51	22	to	to	PART
ajfa-3366	51	23	see	see	VERB
ajfa-3366	51	24	what	what	PRON
ajfa-3366	51	25	actually	actually	ADV
ajfa-3366	51	26	contributes	contribute	VERB
ajfa-3366	51	27	to	to	ADP
ajfa-3366	51	28	difference	difference	NOUN
ajfa-3366	51	29	in	in	ADP
ajfa-3366	51	30	financial	financial	ADJ
ajfa-3366	51	31	strength	strength	NOUN
ajfa-3366	51	32	.	.	PUNCT
ajfa-3366	52	1	the	the	DET
ajfa-3366	52	2	factors	factor	NOUN
ajfa-3366	52	3	that	that	PRON
ajfa-3366	52	4	are	be	AUX
ajfa-3366	52	5	significant	significant	ADJ
ajfa-3366	52	6	for	for	ADP
ajfa-3366	52	7	assessing	assess	VERB
ajfa-3366	52	8	non	non	ADJ
ajfa-3366	52	9	life	life	NOUN
ajfa-3366	52	10	insurers	insurer	NOUN
ajfa-3366	52	11	’	'	PUNCT
ajfa-3366	52	12	solvency	solvency	NOUN
ajfa-3366	52	13	include	include	VERB
ajfa-3366	52	14	firm	firm	ADJ
ajfa-3366	52	15	size	size	NOUN
ajfa-3366	52	16	,	,	PUNCT
ajfa-3366	52	17	investment	investment	NOUN
ajfa-3366	52	18	performance	performance	NOUN
ajfa-3366	52	19	,	,	PUNCT
ajfa-3366	52	20	liquidity	liquidity	NOUN
ajfa-3366	52	21	,	,	PUNCT
ajfa-3366	52	22	operating	operate	VERB
ajfa-3366	52	23	margin	margin	NOUN
ajfa-3366	52	24	,	,	PUNCT
ajfa-3366	52	25	combined	combined	ADJ
ajfa-3366	52	26	ratio	ratio	NOUN
ajfa-3366	52	27	,	,	PUNCT
ajfa-3366	52	28	claims	claim	NOUN
ajfa-3366	52	29	ratio	ratio	NOUN
ajfa-3366	52	30	,	,	PUNCT
ajfa-3366	52	31	underwriting	underwriting	NOUN
ajfa-3366	52	32	result	result	NOUN
ajfa-3366	52	33	and	and	CCONJ
ajfa-3366	52	34	premium	premium	NOUN
ajfa-3366	52	35	growth	growth	NOUN
ajfa-3366	52	36	.	.	PUNCT
ajfa-3366	53	1	the	the	DET
ajfa-3366	53	2	financial	financial	ADJ
ajfa-3366	53	3	health	health	NOUN
ajfa-3366	53	4	of	of	ADP
ajfa-3366	53	5	any	any	DET
ajfa-3366	53	6	organization	organization	NOUN
ajfa-3366	53	7	is	be	AUX
ajfa-3366	53	8	influenced	influence	VERB
ajfa-3366	53	9	by	by	ADP
ajfa-3366	53	10	,	,	PUNCT
ajfa-3366	53	11	among	among	ADP
ajfa-3366	53	12	other	other	ADJ
ajfa-3366	53	13	factors	factor	NOUN
ajfa-3366	53	14	,	,	PUNCT
ajfa-3366	53	15	the	the	DET
ajfa-3366	53	16	size	size	NOUN
ajfa-3366	53	17	or	or	CCONJ
ajfa-3366	53	18	total	total	ADJ
ajfa-3366	53	19	assets	asset	NOUN
ajfa-3366	53	20	of	of	ADP
ajfa-3366	53	21	the	the	DET
ajfa-3366	53	22	firm	firm	NOUN
ajfa-3366	53	23	.	.	PUNCT
ajfa-3366	54	1	as	as	SCONJ
ajfa-3366	54	2	regulators	regulator	NOUN
ajfa-3366	54	3	are	be	AUX
ajfa-3366	54	4	less	less	ADV
ajfa-3366	54	5	likely	likely	ADJ
ajfa-3366	54	6	to	to	PART
ajfa-3366	54	7	liquidate	liquidate	VERB
ajfa-3366	54	8	large	large	ADJ
ajfa-3366	54	9	insurers	insurer	NOUN
ajfa-3366	54	10	,	,	PUNCT
ajfa-3366	54	11	it	it	PRON
ajfa-3366	54	12	is	be	AUX
ajfa-3366	54	13	expected	expect	VERB
ajfa-3366	54	14	that	that	SCONJ
ajfa-3366	54	15	small	small	ADJ
ajfa-3366	54	16	insurers	insurer	NOUN
ajfa-3366	54	17	are	be	AUX
ajfa-3366	54	18	more	more	ADV
ajfa-3366	54	19	vulnerable	vulnerable	ADJ
ajfa-3366	54	20	to	to	ADP
ajfa-3366	54	21	insolvency	insolvency	NOUN
ajfa-3366	54	22	(	(	PUNCT
ajfa-3366	54	23	barniv	barniv	NOUN
ajfa-3366	54	24	&	&	CCONJ
ajfa-3366	54	25	hershbarger	hershbarger	NOUN
ajfa-3366	54	26	,	,	PUNCT
ajfa-3366	54	27	1990	1990	NUM
ajfa-3366	54	28	;	;	PUNCT
ajfa-3366	54	29	(	(	PUNCT
ajfa-3366	54	30	cummins	cummins	PROPN
ajfa-3366	54	31	,	,	PUNCT
ajfa-3366	54	32	harrington	harrington	PROPN
ajfa-3366	54	33	,	,	PUNCT
ajfa-3366	54	34	&	&	CCONJ
ajfa-3366	54	35	klein	klein	PROPN
ajfa-3366	54	36	,	,	PUNCT
ajfa-3366	54	37	1995	1995	NUM
ajfa-3366	54	38	)	)	PUNCT
ajfa-3366	54	39	.	.	PUNCT
ajfa-3366	55	1	variables	variable	NOUN
ajfa-3366	55	2	used	use	VERB
ajfa-3366	55	3	to	to	PART
ajfa-3366	55	4	measure	measure	VERB
ajfa-3366	55	5	firm	firm	ADJ
ajfa-3366	55	6	size	size	NOUN
ajfa-3366	55	7	include	include	VERB
ajfa-3366	55	8	total	total	ADJ
ajfa-3366	55	9	premium	premium	NOUN
ajfa-3366	55	10	,	,	PUNCT
ajfa-3366	55	11	total	total	ADJ
ajfa-3366	55	12	admitted	admit	VERB
ajfa-3366	55	13	assets	asset	NOUN
ajfa-3366	55	14	,	,	PUNCT
ajfa-3366	55	15	and	and	CCONJ
ajfa-3366	55	16	capital	capital	NOUN
ajfa-3366	55	17	and	and	CCONJ
ajfa-3366	55	18	surplus	surplus	NOUN
ajfa-3366	55	19	.	.	PUNCT
ajfa-3366	56	1	investment	investment	NOUN
ajfa-3366	56	2	performance	performance	NOUN
ajfa-3366	56	3	discloses	disclose	VERB
ajfa-3366	56	4	the	the	DET
ajfa-3366	56	5	effectiveness	effectiveness	NOUN
ajfa-3366	56	6	and	and	CCONJ
ajfa-3366	56	7	efficiency	efficiency	NOUN
ajfa-3366	56	8	of	of	ADP
ajfa-3366	56	9	investment	investment	NOUN
ajfa-3366	56	10	decisions	decision	NOUN
ajfa-3366	56	11	.	.	PUNCT
ajfa-3366	57	1	as	as	ADP
ajfa-3366	57	2	such	such	ADJ
ajfa-3366	57	3	,	,	PUNCT
ajfa-3366	57	4	investment	investment	NOUN
ajfa-3366	57	5	performance	performance	NOUN
ajfa-3366	57	6	becomes	become	VERB
ajfa-3366	57	7	critical	critical	ADJ
ajfa-3366	57	8	to	to	ADP
ajfa-3366	57	9	the	the	DET
ajfa-3366	57	10	financial	financial	ADJ
ajfa-3366	57	11	solidity	solidity	NOUN
ajfa-3366	57	12	of	of	ADP
ajfa-3366	57	13	an	an	DET
ajfa-3366	57	14	insurer	insurer	NOUN
ajfa-3366	57	15	.	.	PUNCT
ajfa-3366	58	1	(	(	PUNCT
ajfa-3366	58	2	kim	kim	PROPN
ajfa-3366	58	3	,	,	PUNCT
ajfa-3366	58	4	anderson	anderson	PROPN
ajfa-3366	58	5	,	,	PUNCT
ajfa-3366	58	6	amburgey	amburgey	PROPN
ajfa-3366	58	7	,	,	PUNCT
ajfa-3366	58	8	&	&	CCONJ
ajfa-3366	58	9	hickman	hickman	PROPN
ajfa-3366	58	10	,	,	PUNCT
ajfa-3366	58	11	1995	1995	NUM
ajfa-3366	58	12	)	)	PUNCT
ajfa-3366	58	13	find	find	VERB
ajfa-3366	58	14	that	that	SCONJ
ajfa-3366	58	15	investment	investment	NOUN
ajfa-3366	58	16	performance	performance	NOUN
ajfa-3366	58	17	is	be	AUX
ajfa-3366	58	18	negatively	negatively	ADV
ajfa-3366	58	19	correlated	correlate	VERB
ajfa-3366	58	20	to	to	ADP
ajfa-3366	58	21	insolvency	insolvency	NOUN
ajfa-3366	58	22	rate	rate	NOUN
ajfa-3366	58	23	.	.	PUNCT
ajfa-3366	59	1	there	there	PRON
ajfa-3366	59	2	are	be	VERB
ajfa-3366	59	3	two	two	NUM
ajfa-3366	59	4	key	key	ADJ
ajfa-3366	59	5	components	component	NOUN
ajfa-3366	59	6	of	of	ADP
ajfa-3366	59	7	an	an	DET
ajfa-3366	59	8	insurer	insurer	NOUN
ajfa-3366	59	9	's	's	PART
ajfa-3366	59	10	total	total	ADJ
ajfa-3366	59	11	operating	operate	VERB
ajfa-3366	59	12	income	income	NOUN
ajfa-3366	59	13	:	:	PUNCT
ajfa-3366	59	14	investment	investment	NOUN
ajfa-3366	59	15	income	income	NOUN
ajfa-3366	59	16	and	and	CCONJ
ajfa-3366	59	17	underwriting	underwriting	NOUN
ajfa-3366	59	18	income	income	NOUN
ajfa-3366	59	19	.	.	PUNCT
ajfa-3366	60	1	we	we	PRON
ajfa-3366	60	2	have	have	AUX
ajfa-3366	60	3	discussed	discuss	VERB
ajfa-3366	60	4	the	the	DET
ajfa-3366	60	5	effect	effect	NOUN
ajfa-3366	60	6	of	of	ADP
ajfa-3366	60	7	investment	investment	NOUN
ajfa-3366	60	8	performance	performance	NOUN
ajfa-3366	60	9	.	.	PUNCT
ajfa-3366	61	1	as	as	ADP
ajfa-3366	61	2	for	for	ADP
ajfa-3366	61	3	underwriting	underwriting	NOUN
ajfa-3366	61	4	income	income	NOUN
ajfa-3366	61	5	,	,	PUNCT
ajfa-3366	61	6	combined	combined	ADJ
ajfa-3366	61	7	ratio	ratio	NOUN
ajfa-3366	61	8	(	(	PUNCT
ajfa-3366	61	9	rejda	rejda	NOUN
ajfa-3366	61	10	,	,	PUNCT
ajfa-3366	61	11	2002	2002	NUM
ajfa-3366	61	12	)	)	PUNCT
ajfa-3366	61	13	is	be	AUX
ajfa-3366	61	14	used	use	VERB
ajfa-3366	61	15	measure	measure	NOUN
ajfa-3366	61	16	its	its	PRON
ajfa-3366	61	17	performance	performance	NOUN
ajfa-3366	61	18	.	.	PUNCT
ajfa-3366	62	1	according	accord	VERB
ajfa-3366	62	2	to	to	ADP
ajfa-3366	62	3	(	(	PUNCT
ajfa-3366	62	4	browne	browne	PROPN
ajfa-3366	62	5	&	&	CCONJ
ajfa-3366	62	6	hoyt	hoyt	PROPN
ajfa-3366	62	7	,	,	PUNCT
ajfa-3366	62	8	1995	1995	NUM
ajfa-3366	62	9	)	)	PUNCT
ajfa-3366	62	10	the	the	DET
ajfa-3366	62	11	combined	combine	VERB
ajfa-3366	62	12	ratio	ratio	NOUN
ajfa-3366	62	13	is	be	AUX
ajfa-3366	62	14	positively	positively	ADV
ajfa-3366	62	15	correlated	correlate	VERB
ajfa-3366	62	16	to	to	ADP
ajfa-3366	62	17	insolvency	insolvency	NOUN
ajfa-3366	62	18	rate	rate	NOUN
ajfa-3366	62	19	.	.	PUNCT
ajfa-3366	63	1	liquidity	liquidity	NOUN
ajfa-3366	63	2	is	be	AUX
ajfa-3366	63	3	the	the	DET
ajfa-3366	63	4	capability	capability	NOUN
ajfa-3366	63	5	of	of	ADP
ajfa-3366	63	6	an	an	DET
ajfa-3366	63	7	insurer	insurer	NOUN
ajfa-3366	63	8	to	to	PART
ajfa-3366	63	9	pay	pay	VERB
ajfa-3366	63	10	liabilities	liability	NOUN
ajfa-3366	63	11	,	,	PUNCT
ajfa-3366	63	12	which	which	PRON
ajfa-3366	63	13	include	include	VERB
ajfa-3366	63	14	operating	operating	NOUN
ajfa-3366	63	15	expenses	expense	NOUN
ajfa-3366	63	16	and	and	CCONJ
ajfa-3366	63	17	payment	payment	NOUN
ajfa-3366	63	18	for	for	ADP
ajfa-3366	63	19	losses	loss	NOUN
ajfa-3366	63	20	/	/	SYM
ajfa-3366	63	21	benefits	benefit	NOUN
ajfa-3366	63	22	under	under	ADP
ajfa-3366	63	23	insurance	insurance	NOUN
ajfa-3366	63	24	policies	policy	NOUN
ajfa-3366	63	25	,	,	PUNCT
ajfa-3366	63	26	when	when	SCONJ
ajfa-3366	63	27	due	due	ADJ
ajfa-3366	63	28	.	.	PUNCT
ajfa-3366	64	1	for	for	ADP
ajfa-3366	64	2	an	an	DET
ajfa-3366	64	3	insurer	insurer	NOUN
ajfa-3366	64	4	,	,	PUNCT
ajfa-3366	64	5	cash	cash	NOUN
ajfa-3366	64	6	flow	flow	NOUN
ajfa-3366	64	7	(	(	PUNCT
ajfa-3366	64	8	mainly	mainly	ADV
ajfa-3366	64	9	premiums	premium	NOUN
ajfa-3366	64	10	and	and	CCONJ
ajfa-3366	64	11	investment	investment	NOUN
ajfa-3366	64	12	income	income	NOUN
ajfa-3366	64	13	)	)	PUNCT
ajfa-3366	64	14	and	and	CCONJ
ajfa-3366	64	15	liquidation	liquidation	NOUN
ajfa-3366	64	16	of	of	ADP
ajfa-3366	64	17	assets	asset	NOUN
ajfa-3366	64	18	are	be	AUX
ajfa-3366	64	19	the	the	DET
ajfa-3366	64	20	two	two	NUM
ajfa-3366	64	21	sources	source	NOUN
ajfa-3366	64	22	of	of	ADP
ajfa-3366	64	23	liquidity	liquidity	NOUN
ajfa-3366	64	24	(	(	PUNCT
ajfa-3366	64	25	hampton	hampton	PROPN
ajfa-3366	64	26	,	,	PUNCT
ajfa-3366	64	27	1993	1993	NUM
ajfa-3366	64	28	)	)	PUNCT
ajfa-3366	64	29	.	.	PUNCT
ajfa-3366	65	1	(	(	PUNCT
ajfa-3366	65	2	lee	lee	PROPN
ajfa-3366	65	3	&	&	CCONJ
ajfa-3366	65	4	urrutia	urrutia	PROPN
ajfa-3366	65	5	,	,	PUNCT
ajfa-3366	65	6	1996	1996	NUM
ajfa-3366	65	7	)	)	PUNCT
ajfa-3366	65	8	found	find	VERB
ajfa-3366	65	9	that	that	SCONJ
ajfa-3366	65	10	the	the	DET
ajfa-3366	65	11	current	current	ADJ
ajfa-3366	65	12	liquidity	liquidity	NOUN
ajfa-3366	65	13	ratio	ratio	NOUN
ajfa-3366	65	14	is	be	AUX
ajfa-3366	65	15	a	a	DET
ajfa-3366	65	16	significant	significant	ADJ
ajfa-3366	65	17	indicator	indicator	NOUN
ajfa-3366	65	18	of	of	ADP
ajfa-3366	65	19	solvency	solvency	NOUN
ajfa-3366	65	20	.	.	PUNCT
ajfa-3366	66	1	the	the	DET
ajfa-3366	66	2	stability	stability	NOUN
ajfa-3366	66	3	of	of	ADP
ajfa-3366	66	4	the	the	DET
ajfa-3366	66	5	liquidity	liquidity	NOUN
ajfa-3366	66	6	ratio	ratio	NOUN
ajfa-3366	66	7	is	be	AUX
ajfa-3366	66	8	a	a	DET
ajfa-3366	66	9	necessary	necessary	ADJ
ajfa-3366	66	10	measure	measure	NOUN
ajfa-3366	66	11	of	of	ADP
ajfa-3366	66	12	corporate	corporate	ADJ
ajfa-3366	66	13	solvency	solvency	NOUN
ajfa-3366	66	14	(	(	PUNCT
ajfa-3366	66	15	dambolena	dambolena	PROPN
ajfa-3366	66	16	&	&	CCONJ
ajfa-3366	66	17	khoury	khoury	PROPN
ajfa-3366	66	18	,	,	PUNCT
ajfa-3366	66	19	1980	1980	NUM
ajfa-3366	66	20	)	)	PUNCT
ajfa-3366	66	21	.	.	PUNCT
ajfa-3366	67	1	intuitively	intuitively	ADV
ajfa-3366	67	2	,	,	PUNCT
ajfa-3366	67	3	being	be	AUX
ajfa-3366	67	4	profitable	profitable	ADJ
ajfa-3366	67	5	means	mean	NOUN
ajfa-3366	67	6	that	that	SCONJ
ajfa-3366	67	7	insurers	insurer	NOUN
ajfa-3366	67	8	are	be	AUX
ajfa-3366	67	9	earning	earn	VERB
ajfa-3366	67	10	more	more	ADJ
ajfa-3366	67	11	revenues	revenue	NOUN
ajfa-3366	67	12	than	than	ADP
ajfa-3366	67	13	being	be	AUX
ajfa-3366	67	14	disbursed	disburse	VERB
ajfa-3366	67	15	as	as	ADP
ajfa-3366	67	16	expenses	expense	NOUN
ajfa-3366	67	17	.	.	PUNCT
ajfa-3366	68	1	(	(	PUNCT
ajfa-3366	68	2	kramer	kramer	PROPN
ajfa-3366	68	3	,	,	PUNCT
ajfa-3366	68	4	1996	1996	NUM
ajfa-3366	68	5	)	)	PUNCT
ajfa-3366	68	6	found	find	VERB
ajfa-3366	68	7	a	a	DET
ajfa-3366	68	8	positive	positive	ADJ
ajfa-3366	68	9	relationship	relationship	NOUN
ajfa-3366	68	10	between	between	ADP
ajfa-3366	68	11	operating	operate	VERB
ajfa-3366	68	12	margin	margin	NOUN
ajfa-3366	68	13	and	and	CCONJ
ajfa-3366	68	14	financial	financial	ADJ
ajfa-3366	68	15	solidity	solidity	NOUN
ajfa-3366	68	16	,	,	PUNCT
ajfa-3366	68	17	that	that	ADV
ajfa-3366	68	18	is	is	ADV
ajfa-3366	68	19	,	,	PUNCT
ajfa-3366	68	20	operating	operate	VERB
ajfa-3366	68	21	margin	margin	NOUN
ajfa-3366	68	22	is	be	AUX
ajfa-3366	68	23	negatively	negatively	ADV
ajfa-3366	68	24	correlated	correlate	VERB
ajfa-3366	68	25	to	to	ADP
ajfa-3366	68	26	the	the	DET
ajfa-3366	68	27	rate	rate	NOUN
ajfa-3366	68	28	of	of	ADP
ajfa-3366	68	29	insolvency	insolvency	NOUN
ajfa-3366	68	30	.	.	PUNCT
ajfa-3366	69	1	however	however	ADV
ajfa-3366	69	2	,	,	PUNCT
ajfa-3366	69	3	given	give	VERB
ajfa-3366	69	4	the	the	DET
ajfa-3366	69	5	indian	indian	ADJ
ajfa-3366	69	6	scenario	scenario	NOUN
ajfa-3366	69	7	,	,	PUNCT
ajfa-3366	69	8	the	the	DET
ajfa-3366	69	9	research	research	NOUN
ajfa-3366	69	10	evidences	evidence	NOUN
ajfa-3366	69	11	cover	cover	VERB
ajfa-3366	69	12	financial	financial	ADJ
ajfa-3366	69	13	performance	performance	NOUN
ajfa-3366	69	14	of	of	ADP
ajfa-3366	69	15	insurers	insurer	NOUN
ajfa-3366	69	16	and	and	CCONJ
ajfa-3366	69	17	as	as	ADP
ajfa-3366	69	18	such	such	ADJ
ajfa-3366	69	19	it	it	PRON
ajfa-3366	69	20	becomes	become	VERB
ajfa-3366	69	21	imperative	imperative	ADJ
ajfa-3366	69	22	to	to	PART
ajfa-3366	69	23	highlight	highlight	VERB
ajfa-3366	69	24	the	the	DET
ajfa-3366	69	25	solvency	solvency	NOUN
ajfa-3366	69	26	and	and	CCONJ
ajfa-3366	69	27	factors	factor	NOUN
ajfa-3366	69	28	affecting	affect	VERB
ajfa-3366	69	29	solvency	solvency	NOUN
ajfa-3366	69	30	of	of	ADP
ajfa-3366	69	31	the	the	DET
ajfa-3366	69	32	insurers	insurer	NOUN
ajfa-3366	69	33	.	.	PUNCT
ajfa-3366	70	1	the	the	DET
ajfa-3366	70	2	present	present	ADJ
ajfa-3366	70	3	study	study	NOUN
ajfa-3366	70	4	is	be	AUX
ajfa-3366	70	5	just	just	ADV
ajfa-3366	70	6	a	a	DET
ajfa-3366	70	7	step	step	NOUN
ajfa-3366	70	8	towards	towards	ADP
ajfa-3366	70	9	the	the	DET
ajfa-3366	70	10	area	area	NOUN
ajfa-3366	70	11	,	,	PUNCT
ajfa-3366	70	12	which	which	PRON
ajfa-3366	70	13	surely	surely	ADV
ajfa-3366	70	14	highlights	highlight	VERB
ajfa-3366	70	15	the	the	DET
ajfa-3366	70	16	functional	functional	ADJ
ajfa-3366	70	17	areas	area	NOUN
ajfa-3366	70	18	of	of	ADP
ajfa-3366	70	19	insurer	insurer	NOUN
ajfa-3366	70	20	’s	’s	PART
ajfa-3366	70	21	performance	performance	NOUN
ajfa-3366	70	22	and	and	CCONJ
ajfa-3366	70	23	its	its	PRON
ajfa-3366	70	24	impact	impact	NOUN
ajfa-3366	70	25	on	on	ADP
ajfa-3366	70	26	the	the	DET
ajfa-3366	70	27	solvency	solvency	NOUN
ajfa-3366	70	28	of	of	ADP
ajfa-3366	70	29	insurance	insurance	NOUN
ajfa-3366	70	30	enterprises	enterprise	NOUN
ajfa-3366	70	31	.	.	PUNCT
ajfa-3366	71	1	research	research	NOUN
ajfa-3366	71	2	methodology	methodology	NOUN
ajfa-3366	71	3	the	the	DET
ajfa-3366	71	4	research	research	NOUN
ajfa-3366	71	5	design	design	NOUN
ajfa-3366	71	6	which	which	PRON
ajfa-3366	71	7	has	have	AUX
ajfa-3366	71	8	been	be	AUX
ajfa-3366	71	9	formed	form	VERB
ajfa-3366	71	10	for	for	ADP
ajfa-3366	71	11	this	this	DET
ajfa-3366	71	12	research	research	NOUN
ajfa-3366	71	13	article	article	NOUN
ajfa-3366	71	14	are	be	AUX
ajfa-3366	71	15	standards	standard	NOUN
ajfa-3366	71	16	prescribed	prescribe	VERB
ajfa-3366	71	17	asian	asian	ADJ
ajfa-3366	71	18	journal	journal	NOUN
ajfa-3366	71	19	of	of	ADP
ajfa-3366	71	20	finance	finance	PROPN
ajfa-3366	71	21	&	&	CCONJ
ajfa-3366	71	22	accounting	accounting	PROPN
ajfa-3366	71	23	issn	issn	PROPN
ajfa-3366	71	24	1946	1946	NUM
ajfa-3366	71	25	-	-	PUNCT
ajfa-3366	71	26	052x	052x	NOUN
ajfa-3366	71	27	2013	2013	NUM
ajfa-3366	71	28	,	,	PUNCT
ajfa-3366	71	29	vol	vol	NOUN
ajfa-3366	71	30	.	.	PROPN
ajfa-3366	72	1	5	5	NUM
ajfa-3366	72	2	,	,	PUNCT
ajfa-3366	72	3	no	no	INTJ
ajfa-3366	72	4	.	.	NOUN
ajfa-3366	72	5	1	1	NUM
ajfa-3366	72	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-3366	72	7	310	310	NUM
ajfa-3366	72	8	by	by	ADP
ajfa-3366	72	9	insurance	insurance	NOUN
ajfa-3366	72	10	solvency	solvency	NOUN
ajfa-3366	72	11	international	international	ADJ
ajfa-3366	72	12	limited	limited	PROPN
ajfa-3366	72	13	(	(	PUNCT
ajfa-3366	72	14	isi	isi	PROPN
ajfa-3366	72	15	)	)	PUNCT
ajfa-3366	72	16	,	,	PUNCT
ajfa-3366	72	17	used	use	VERB
ajfa-3366	72	18	by	by	ADP
ajfa-3366	72	19	(	(	PUNCT
ajfa-3366	72	20	joo	joo	NOUN
ajfa-3366	72	21	,	,	PUNCT
ajfa-3366	72	22	2005	2005	NUM
ajfa-3366	72	23	)	)	PUNCT
ajfa-3366	72	24	while	while	SCONJ
ajfa-3366	72	25	evaluating	evaluate	VERB
ajfa-3366	72	26	performance	performance	NOUN
ajfa-3366	72	27	of	of	ADP
ajfa-3366	72	28	insurance	insurance	NOUN
ajfa-3366	72	29	sector	sector	NOUN
ajfa-3366	72	30	in	in	ADP
ajfa-3366	72	31	india	india	PROPN
ajfa-3366	72	32	,	,	PUNCT
ajfa-3366	72	33	which	which	PRON
ajfa-3366	72	34	related	relate	VERB
ajfa-3366	72	35	various	various	ADJ
ajfa-3366	72	36	key	key	ADJ
ajfa-3366	72	37	ratios	ratio	NOUN
ajfa-3366	72	38	of	of	ADP
ajfa-3366	72	39	insurance	insurance	NOUN
ajfa-3366	72	40	sector	sector	NOUN
ajfa-3366	72	41	with	with	ADP
ajfa-3366	72	42	the	the	DET
ajfa-3366	72	43	standards	standard	NOUN
ajfa-3366	72	44	prescribed	prescribe	VERB
ajfa-3366	72	45	by	by	ADP
ajfa-3366	72	46	isi	isi	PROPN
ajfa-3366	72	47	.	.	PROPN
ajfa-3366	73	1	as	as	ADP
ajfa-3366	73	2	per	per	ADP
ajfa-3366	73	3	these	these	DET
ajfa-3366	73	4	standards	standard	NOUN
ajfa-3366	73	5	,	,	PUNCT
ajfa-3366	73	6	the	the	DET
ajfa-3366	73	7	ratio	ratio	NOUN
ajfa-3366	73	8	of	of	ADP
ajfa-3366	73	9	net	net	ADJ
ajfa-3366	73	10	premium	premium	NOUN
ajfa-3366	73	11	to	to	ADP
ajfa-3366	73	12	shareholders	shareholder	NOUN
ajfa-3366	73	13	funds	fund	NOUN
ajfa-3366	73	14	,	,	PUNCT
ajfa-3366	73	15	when	when	SCONJ
ajfa-3366	73	16	less	less	ADJ
ajfa-3366	73	17	than	than	ADP
ajfa-3366	73	18	300	300	NUM
ajfa-3366	73	19	percent	percent	NOUN
ajfa-3366	73	20	,	,	PUNCT
ajfa-3366	73	21	the	the	DET
ajfa-3366	73	22	ratio	ratio	NOUN
ajfa-3366	73	23	may	may	AUX
ajfa-3366	73	24	be	be	AUX
ajfa-3366	73	25	termed	term	VERB
ajfa-3366	73	26	as	as	ADP
ajfa-3366	73	27	ideal	ideal	ADJ
ajfa-3366	73	28	one	one	NUM
ajfa-3366	73	29	applicable	applicable	ADJ
ajfa-3366	73	30	to	to	ADP
ajfa-3366	73	31	non	non	ADJ
ajfa-3366	73	32	life	life	NOUN
ajfa-3366	73	33	insurers	insurer	NOUN
ajfa-3366	73	34	.	.	PUNCT
ajfa-3366	74	1	the	the	DET
ajfa-3366	74	2	change	change	NOUN
ajfa-3366	74	3	in	in	ADP
ajfa-3366	74	4	net	net	ADJ
ajfa-3366	74	5	premium	premium	NOUN
ajfa-3366	74	6	highlights	highlight	NOUN
ajfa-3366	74	7	the	the	DET
ajfa-3366	74	8	fluctuating	fluctuate	VERB
ajfa-3366	74	9	pattern	pattern	NOUN
ajfa-3366	74	10	of	of	ADP
ajfa-3366	74	11	business	business	NOUN
ajfa-3366	74	12	underwritten	underwrite	VERB
ajfa-3366	74	13	by	by	ADP
ajfa-3366	74	14	the	the	DET
ajfa-3366	74	15	insurers	insurer	NOUN
ajfa-3366	74	16	and	and	CCONJ
ajfa-3366	74	17	as	as	ADP
ajfa-3366	74	18	per	per	ADP
ajfa-3366	74	19	the	the	DET
ajfa-3366	74	20	standard	standard	ADJ
ajfa-3366	74	21	,	,	PUNCT
ajfa-3366	74	22	ideal	ideal	ADJ
ajfa-3366	74	23	growth	growth	NOUN
ajfa-3366	74	24	is	be	AUX
ajfa-3366	74	25	one	one	NUM
ajfa-3366	74	26	which	which	PRON
ajfa-3366	74	27	falls	fall	VERB
ajfa-3366	74	28	in	in	ADP
ajfa-3366	74	29	the	the	DET
ajfa-3366	74	30	range	range	NOUN
ajfa-3366	74	31	of	of	ADP
ajfa-3366	74	32	±25	±25	PROPN
ajfa-3366	74	33	percent	percent	VERB
ajfa-3366	74	34	.	.	PUNCT
ajfa-3366	75	1	the	the	DET
ajfa-3366	75	2	third	third	ADJ
ajfa-3366	75	3	ratio	ratio	NOUN
ajfa-3366	75	4	which	which	PRON
ajfa-3366	75	5	highlights	highlight	VERB
ajfa-3366	75	6	the	the	DET
ajfa-3366	75	7	greater	great	ADJ
ajfa-3366	75	8	thrust	thrust	NOUN
ajfa-3366	75	9	on	on	ADP
ajfa-3366	75	10	underwriting	underwriting	NOUN
ajfa-3366	75	11	profitability	profitability	NOUN
ajfa-3366	75	12	in	in	ADP
ajfa-3366	75	13	terms	term	NOUN
ajfa-3366	75	14	of	of	ADP
ajfa-3366	75	15	investment	investment	NOUN
ajfa-3366	75	16	income	income	NOUN
ajfa-3366	75	17	should	should	AUX
ajfa-3366	75	18	never	never	ADV
ajfa-3366	75	19	be	be	AUX
ajfa-3366	75	20	less	less	ADJ
ajfa-3366	75	21	than	than	ADP
ajfa-3366	75	22	-25	-25	NOUN
ajfa-3366	75	23	percent	percent	NOUN
ajfa-3366	75	24	.	.	PUNCT
ajfa-3366	76	1	the	the	DET
ajfa-3366	76	2	negative	negative	ADJ
ajfa-3366	76	3	sign	sign	NOUN
ajfa-3366	76	4	of	of	ADP
ajfa-3366	76	5	the	the	DET
ajfa-3366	76	6	ratio	ratio	NOUN
ajfa-3366	76	7	indicates	indicate	VERB
ajfa-3366	76	8	that	that	SCONJ
ajfa-3366	76	9	cushion	cushion	NOUN
ajfa-3366	76	10	of	of	ADP
ajfa-3366	76	11	investment	investment	NOUN
ajfa-3366	76	12	income	income	NOUN
ajfa-3366	76	13	should	should	AUX
ajfa-3366	76	14	not	not	PART
ajfa-3366	76	15	set	set	VERB
ajfa-3366	76	16	off	off	ADP
ajfa-3366	76	17	underwriting	underwriting	NOUN
ajfa-3366	76	18	losses	loss	NOUN
ajfa-3366	76	19	by	by	ADP
ajfa-3366	76	20	more	more	ADJ
ajfa-3366	76	21	than	than	ADP
ajfa-3366	76	22	25	25	NUM
ajfa-3366	76	23	percent	percent	NOUN
ajfa-3366	76	24	.	.	PUNCT
ajfa-3366	77	1	the	the	DET
ajfa-3366	77	2	ratio	ratio	NOUN
ajfa-3366	77	3	,	,	PUNCT
ajfa-3366	77	4	while	while	SCONJ
ajfa-3366	77	5	highlighting	highlight	VERB
ajfa-3366	77	6	importance	importance	NOUN
ajfa-3366	77	7	of	of	ADP
ajfa-3366	77	8	investment	investment	NOUN
ajfa-3366	77	9	income	income	NOUN
ajfa-3366	77	10	in	in	ADP
ajfa-3366	77	11	insurance	insurance	NOUN
ajfa-3366	77	12	business	business	NOUN
ajfa-3366	77	13	,	,	PUNCT
ajfa-3366	77	14	necessitates	necessitate	VERB
ajfa-3366	77	15	the	the	DET
ajfa-3366	77	16	importance	importance	NOUN
ajfa-3366	77	17	of	of	ADP
ajfa-3366	77	18	underwriting	underwriting	NOUN
ajfa-3366	77	19	profitability	profitability	NOUN
ajfa-3366	77	20	of	of	ADP
ajfa-3366	77	21	the	the	DET
ajfa-3366	77	22	concerns	concern	NOUN
ajfa-3366	77	23	.	.	PUNCT
ajfa-3366	78	1	the	the	DET
ajfa-3366	78	2	fourth	fourth	ADJ
ajfa-3366	78	3	ratio	ratio	NOUN
ajfa-3366	78	4	of	of	ADP
ajfa-3366	78	5	the	the	DET
ajfa-3366	78	6	standard	standard	NOUN
ajfa-3366	78	7	,	,	PUNCT
ajfa-3366	78	8	i.e.	i.e.	X
ajfa-3366	78	9	,	,	PUNCT
ajfa-3366	78	10	technical	technical	ADJ
ajfa-3366	78	11	reserves	reserve	NOUN
ajfa-3366	78	12	/	/	SYM
ajfa-3366	78	13	shareholders	shareholder	NOUN
ajfa-3366	78	14	funds	fund	NOUN
ajfa-3366	78	15	,	,	PUNCT
ajfa-3366	78	16	highlights	highlight	VERB
ajfa-3366	78	17	the	the	DET
ajfa-3366	78	18	importance	importance	NOUN
ajfa-3366	78	19	of	of	ADP
ajfa-3366	78	20	technical	technical	ADJ
ajfa-3366	78	21	reserves	reserve	NOUN
ajfa-3366	78	22	for	for	ADP
ajfa-3366	78	23	the	the	DET
ajfa-3366	78	24	insurers	insurer	NOUN
ajfa-3366	78	25	.	.	PUNCT
ajfa-3366	79	1	since	since	SCONJ
ajfa-3366	79	2	the	the	DET
ajfa-3366	79	3	reserves	reserve	NOUN
ajfa-3366	79	4	serve	serve	VERB
ajfa-3366	79	5	as	as	ADP
ajfa-3366	79	6	cushion	cushion	NOUN
ajfa-3366	79	7	in	in	ADP
ajfa-3366	79	8	the	the	DET
ajfa-3366	79	9	adverse	adverse	ADJ
ajfa-3366	79	10	selection	selection	NOUN
ajfa-3366	79	11	of	of	ADP
ajfa-3366	79	12	business	business	NOUN
ajfa-3366	79	13	,	,	PUNCT
ajfa-3366	79	14	the	the	DET
ajfa-3366	79	15	standard	standard	ADJ
ajfa-3366	79	16	highlights	highlight	VERB
ajfa-3366	79	17	the	the	DET
ajfa-3366	79	18	minimal	minimal	ADJ
ajfa-3366	79	19	requirement	requirement	NOUN
ajfa-3366	79	20	of	of	ADP
ajfa-3366	79	21	less	less	ADJ
ajfa-3366	79	22	than	than	ADP
ajfa-3366	79	23	350	350	NUM
ajfa-3366	79	24	as	as	ADP
ajfa-3366	79	25	per	per	ADP
ajfa-3366	79	26	international	international	ADJ
ajfa-3366	79	27	solvency	solvency	NOUN
ajfa-3366	79	28	standard	standard	NOUN
ajfa-3366	79	29	.	.	PUNCT
ajfa-3366	80	1	since	since	SCONJ
ajfa-3366	80	2	capital	capital	NOUN
ajfa-3366	80	3	forms	form	NOUN
ajfa-3366	80	4	part	part	NOUN
ajfa-3366	80	5	of	of	ADP
ajfa-3366	80	6	shareholders	shareholder	NOUN
ajfa-3366	80	7	’	'	PUNCT
ajfa-3366	80	8	funds	fund	NOUN
ajfa-3366	80	9	,	,	PUNCT
ajfa-3366	80	10	the	the	DET
ajfa-3366	80	11	ratio	ratio	NOUN
ajfa-3366	80	12	highlights	highlight	NOUN
ajfa-3366	80	13	more	more	ADV
ajfa-3366	80	14	important	important	ADJ
ajfa-3366	80	15	role	role	NOUN
ajfa-3366	80	16	of	of	ADP
ajfa-3366	80	17	technical	technical	ADJ
ajfa-3366	80	18	reserves	reserve	NOUN
ajfa-3366	80	19	in	in	ADP
ajfa-3366	80	20	insurance	insurance	NOUN
ajfa-3366	80	21	concerns	concern	NOUN
ajfa-3366	80	22	.	.	PUNCT
ajfa-3366	81	1	the	the	DET
ajfa-3366	81	2	fifth	fifth	ADJ
ajfa-3366	81	3	ratio	ratio	NOUN
ajfa-3366	81	4	of	of	ADP
ajfa-3366	81	5	the	the	DET
ajfa-3366	81	6	standard	standard	NOUN
ajfa-3366	81	7	while	while	SCONJ
ajfa-3366	81	8	taking	take	VERB
ajfa-3366	81	9	into	into	ADP
ajfa-3366	81	10	account	account	NOUN
ajfa-3366	81	11	technical	technical	ADJ
ajfa-3366	81	12	reserves	reserve	NOUN
ajfa-3366	81	13	and	and	CCONJ
ajfa-3366	81	14	shareholders	shareholder	NOUN
ajfa-3366	81	15	’	'	PUNCT
ajfa-3366	81	16	funds	fund	NOUN
ajfa-3366	81	17	indicates	indicate	VERB
ajfa-3366	81	18	the	the	DET
ajfa-3366	81	19	desirable	desirable	ADJ
ajfa-3366	81	20	business	business	NOUN
ajfa-3366	81	21	volume	volume	NOUN
ajfa-3366	81	22	which	which	PRON
ajfa-3366	81	23	should	should	AUX
ajfa-3366	81	24	be	be	AUX
ajfa-3366	81	25	supported	support	VERB
ajfa-3366	81	26	by	by	ADP
ajfa-3366	81	27	adequate	adequate	ADJ
ajfa-3366	81	28	reserves	reserve	NOUN
ajfa-3366	81	29	and	and	CCONJ
ajfa-3366	81	30	capital	capital	NOUN
ajfa-3366	81	31	.	.	PUNCT
ajfa-3366	82	1	the	the	DET
ajfa-3366	82	2	benchmark	benchmark	ADJ
ajfa-3366	82	3	standard	standard	NOUN
ajfa-3366	82	4	for	for	ADP
ajfa-3366	82	5	the	the	DET
ajfa-3366	82	6	ratio	ratio	NOUN
ajfa-3366	82	7	states	state	VERB
ajfa-3366	82	8	that	that	SCONJ
ajfa-3366	82	9	it	it	PRON
ajfa-3366	82	10	should	should	AUX
ajfa-3366	82	11	be	be	AUX
ajfa-3366	82	12	never	never	ADV
ajfa-3366	82	13	less	less	ADJ
ajfa-3366	82	14	than	than	ADP
ajfa-3366	82	15	150	150	NUM
ajfa-3366	82	16	.	.	PUNCT
ajfa-3366	83	1	lastly	lastly	ADV
ajfa-3366	83	2	,	,	PUNCT
ajfa-3366	83	3	the	the	DET
ajfa-3366	83	4	ratio	ratio	NOUN
ajfa-3366	83	5	of	of	ADP
ajfa-3366	83	6	pre	pre	ADJ
ajfa-3366	83	7	-	-	ADJ
ajfa-3366	83	8	tax	tax	ADJ
ajfa-3366	83	9	profits	profit	NOUN
ajfa-3366	83	10	to	to	ADP
ajfa-3366	83	11	net	net	ADJ
ajfa-3366	83	12	premium	premium	NOUN
ajfa-3366	83	13	highlights	highlight	NOUN
ajfa-3366	83	14	the	the	DET
ajfa-3366	83	15	importance	importance	NOUN
ajfa-3366	83	16	of	of	ADP
ajfa-3366	83	17	operational	operational	ADJ
ajfa-3366	83	18	and	and	CCONJ
ajfa-3366	83	19	non	non	ADJ
ajfa-3366	83	20	operational	operational	ADJ
ajfa-3366	83	21	profitability	profitability	NOUN
ajfa-3366	83	22	of	of	ADP
ajfa-3366	83	23	the	the	DET
ajfa-3366	83	24	companies	company	NOUN
ajfa-3366	83	25	.	.	PUNCT
ajfa-3366	84	1	the	the	DET
ajfa-3366	84	2	standard	standard	PROPN
ajfa-3366	84	3	prescribes	prescribe	VERB
ajfa-3366	84	4	that	that	SCONJ
ajfa-3366	84	5	the	the	DET
ajfa-3366	84	6	ratio	ratio	NOUN
ajfa-3366	84	7	should	should	AUX
ajfa-3366	84	8	be	be	AUX
ajfa-3366	84	9	greater	great	ADJ
ajfa-3366	84	10	than	than	ADP
ajfa-3366	84	11	5	5	NUM
ajfa-3366	84	12	percent	percent	NOUN
ajfa-3366	84	13	to	to	PART
ajfa-3366	84	14	meet	meet	VERB
ajfa-3366	84	15	isi	isi	PROPN
ajfa-3366	84	16	standard	standard	PROPN
ajfa-3366	84	17	of	of	ADP
ajfa-3366	84	18	solvency	solvency	NOUN
ajfa-3366	84	19	.	.	PUNCT
ajfa-3366	85	1	the	the	DET
ajfa-3366	85	2	period	period	NOUN
ajfa-3366	85	3	of	of	ADP
ajfa-3366	85	4	study	study	NOUN
ajfa-3366	85	5	ranges	range	VERB
ajfa-3366	85	6	from	from	ADP
ajfa-3366	85	7	2004	2004	NUM
ajfa-3366	85	8	-	-	SYM
ajfa-3366	85	9	05	05	NUM
ajfa-3366	85	10	to	to	ADP
ajfa-3366	85	11	2008	2008	NUM
ajfa-3366	85	12	-	-	SYM
ajfa-3366	85	13	09	09	NUM
ajfa-3366	85	14	i.e.	i.e.	X
ajfa-3366	85	15	for	for	ADP
ajfa-3366	85	16	5	5	NUM
ajfa-3366	85	17	years	year	NOUN
ajfa-3366	85	18	and	and	CCONJ
ajfa-3366	85	19	companies	company	NOUN
ajfa-3366	85	20	selected	select	VERB
ajfa-3366	85	21	for	for	ADP
ajfa-3366	85	22	the	the	DET
ajfa-3366	85	23	purpose	purpose	NOUN
ajfa-3366	85	24	of	of	ADP
ajfa-3366	85	25	study	study	NOUN
ajfa-3366	85	26	include	include	VERB
ajfa-3366	85	27	both	both	CCONJ
ajfa-3366	85	28	public	public	ADJ
ajfa-3366	85	29	and	and	CCONJ
ajfa-3366	85	30	private	private	ADJ
ajfa-3366	85	31	sector	sector	NOUN
ajfa-3366	85	32	insurers	insurer	NOUN
ajfa-3366	85	33	.	.	PUNCT
ajfa-3366	86	1	the	the	DET
ajfa-3366	86	2	required	require	VERB
ajfa-3366	86	3	data	datum	NOUN
ajfa-3366	86	4	was	be	AUX
ajfa-3366	86	5	collected	collect	VERB
ajfa-3366	86	6	from	from	ADP
ajfa-3366	86	7	the	the	DET
ajfa-3366	86	8	annual	annual	ADJ
ajfa-3366	86	9	reports	report	NOUN
ajfa-3366	86	10	of	of	ADP
ajfa-3366	86	11	the	the	DET
ajfa-3366	86	12	concerned	concerned	ADJ
ajfa-3366	86	13	companies	company	NOUN
ajfa-3366	86	14	.	.	PUNCT
ajfa-3366	87	1	insurance	insurance	NOUN
ajfa-3366	87	2	company	company	NOUN
ajfa-3366	87	3	’s	’s	PART
ajfa-3366	87	4	specific	specific	ADJ
ajfa-3366	87	5	factors	factor	NOUN
ajfa-3366	87	6	hypothesis	hypothesis	NOUN
ajfa-3366	87	7	expected	expect	VERB
ajfa-3366	87	8	effect	effect	NOUN
ajfa-3366	87	9	h1	h1	NOUN
ajfa-3366	87	10	firm	firm	ADJ
ajfa-3366	87	11	size	size	NOUN
ajfa-3366	87	12	+	+	CCONJ
ajfa-3366	87	13	h2	h2	NOUN
ajfa-3366	87	14	investment	investment	NOUN
ajfa-3366	87	15	performance	performance	NOUN
ajfa-3366	87	16	+	+	CCONJ
ajfa-3366	87	17	h3	h3	VERB
ajfa-3366	87	18	liquidity	liquidity	NOUN
ajfa-3366	87	19	ratio	ratio	NOUN
ajfa-3366	87	20	+	+	CCONJ
ajfa-3366	87	21	h4	h4	NOUN
ajfa-3366	87	22	operating	operate	VERB
ajfa-3366	87	23	margin	margin	NOUN
ajfa-3366	87	24	+	+	CCONJ
ajfa-3366	87	25	h5	h5	NOUN
ajfa-3366	87	26	combined	combine	VERB
ajfa-3366	87	27	ratio	ratio	NOUN
ajfa-3366	87	28	h6	h6	PROPN
ajfa-3366	87	29	claims	claim	VERB
ajfa-3366	87	30	ratio	ratio	NOUN
ajfa-3366	87	31	h7	h7	PROPN
ajfa-3366	87	32	underwriting	underwriting	NOUN
ajfa-3366	87	33	profitability	profitability	NOUN
ajfa-3366	87	34	+	+	CCONJ
ajfa-3366	87	35	further	far	ADV
ajfa-3366	87	36	,	,	PUNCT
ajfa-3366	87	37	in	in	ADP
ajfa-3366	87	38	present	present	ADJ
ajfa-3366	87	39	study	study	NOUN
ajfa-3366	87	40	above	above	ADV
ajfa-3366	87	41	given	give	VERB
ajfa-3366	87	42	seven	seven	NUM
ajfa-3366	87	43	hypotheses	hypothesis	NOUN
ajfa-3366	87	44	will	will	AUX
ajfa-3366	87	45	be	be	AUX
ajfa-3366	87	46	tested	test	VERB
ajfa-3366	87	47	with	with	ADP
ajfa-3366	87	48	the	the	DET
ajfa-3366	87	49	help	help	NOUN
ajfa-3366	87	50	of	of	ADP
ajfa-3366	87	51	multiple	multiple	ADJ
ajfa-3366	87	52	regression	regression	NOUN
ajfa-3366	87	53	analysis	analysis	NOUN
ajfa-3366	87	54	in	in	ADP
ajfa-3366	87	55	order	order	NOUN
ajfa-3366	87	56	to	to	PART
ajfa-3366	87	57	see	see	VERB
ajfa-3366	87	58	impact	impact	NOUN
ajfa-3366	87	59	of	of	ADP
ajfa-3366	87	60	various	various	ADJ
ajfa-3366	87	61	factors	factor	NOUN
ajfa-3366	87	62	on	on	ADP
ajfa-3366	87	63	the	the	DET
ajfa-3366	87	64	solvency	solvency	NOUN
ajfa-3366	87	65	margin	margin	NOUN
ajfa-3366	87	66	of	of	ADP
ajfa-3366	87	67	insurance	insurance	NOUN
ajfa-3366	87	68	companies	company	NOUN
ajfa-3366	87	69	.	.	PUNCT
ajfa-3366	88	1	however	however	ADV
ajfa-3366	88	2	available	available	ADJ
ajfa-3366	88	3	solvency	solvency	NOUN
ajfa-3366	88	4	margin	margin	NOUN
ajfa-3366	88	5	(	(	PUNCT
ajfa-3366	88	6	asm	asm	NOUN
ajfa-3366	88	7	)	)	PUNCT
ajfa-3366	88	8	has	have	AUX
ajfa-3366	88	9	been	be	AUX
ajfa-3366	88	10	used	use	VERB
ajfa-3366	88	11	as	as	ADP
ajfa-3366	88	12	dependent	dependent	ADJ
ajfa-3366	88	13	variable	variable	NOUN
ajfa-3366	88	14	for	for	ADP
ajfa-3366	88	15	the	the	DET
ajfa-3366	88	16	12	12	NUM
ajfa-3366	88	17	non	non	ADJ
ajfa-3366	88	18	-	-	ADJ
ajfa-3366	88	19	life	life	ADJ
ajfa-3366	88	20	insurers	insurer	NOUN
ajfa-3366	88	21	in	in	ADP
ajfa-3366	88	22	the	the	DET
ajfa-3366	88	23	industry	industry	NOUN
ajfa-3366	88	24	for	for	ADP
ajfa-3366	88	25	the	the	DET
ajfa-3366	88	26	period	period	NOUN
ajfa-3366	88	27	2004	2004	NUM
ajfa-3366	88	28	-	-	SYM
ajfa-3366	88	29	05	05	NUM
ajfa-3366	88	30	to	to	ADP
ajfa-3366	88	31	2008	2008	NUM
ajfa-3366	88	32	-	-	SYM
ajfa-3366	88	33	09	09	NUM
ajfa-3366	88	34	to	to	PART
ajfa-3366	88	35	prove	prove	VERB
ajfa-3366	88	36	the	the	DET
ajfa-3366	88	37	hypothesis	hypothesis	NOUN
ajfa-3366	88	38	given	give	VERB
ajfa-3366	88	39	above	above	ADV
ajfa-3366	88	40	instead	instead	ADV
ajfa-3366	88	41	of	of	ADP
ajfa-3366	88	42	using	use	VERB
ajfa-3366	88	43	the	the	DET
ajfa-3366	88	44	irda	irda	NOUN
ajfa-3366	88	45	’s	’s	PART
ajfa-3366	88	46	minimum	minimum	NOUN
ajfa-3366	88	47	required	require	VERB
ajfa-3366	88	48	asian	asian	ADJ
ajfa-3366	88	49	journal	journal	NOUN
ajfa-3366	88	50	of	of	ADP
ajfa-3366	88	51	finance	finance	PROPN
ajfa-3366	88	52	&	&	CCONJ
ajfa-3366	88	53	accounting	accounting	PROPN
ajfa-3366	88	54	issn	issn	PROPN
ajfa-3366	88	55	1946	1946	NUM
ajfa-3366	88	56	-	-	PUNCT
ajfa-3366	88	57	052x	052x	NOUN
ajfa-3366	88	58	2013	2013	NUM
ajfa-3366	88	59	,	,	PUNCT
ajfa-3366	88	60	vol	vol	NOUN
ajfa-3366	88	61	.	.	PROPN
ajfa-3366	88	62	5	5	NUM
ajfa-3366	88	63	,	,	PUNCT
ajfa-3366	88	64	no	no	INTJ
ajfa-3366	88	65	.	.	NOUN
ajfa-3366	88	66	1	1	NUM
ajfa-3366	88	67	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	88	68	311	311	NUM
ajfa-3366	88	69	solvency	solvency	NOUN
ajfa-3366	88	70	margin	margin	NOUN
ajfa-3366	88	71	.	.	PUNCT
ajfa-3366	89	1	multiple	multiple	ADJ
ajfa-3366	89	2	regression	regression	NOUN
ajfa-3366	89	3	model	model	NOUN
ajfa-3366	89	4	has	have	AUX
ajfa-3366	89	5	been	be	AUX
ajfa-3366	89	6	employed	employ	VERB
ajfa-3366	89	7	to	to	PART
ajfa-3366	89	8	include	include	VERB
ajfa-3366	89	9	various	various	ADJ
ajfa-3366	89	10	independent	independent	ADJ
ajfa-3366	89	11	variables	variable	NOUN
ajfa-3366	89	12	and	and	CCONJ
ajfa-3366	89	13	their	their	PRON
ajfa-3366	89	14	impact	impact	NOUN
ajfa-3366	89	15	on	on	ADP
ajfa-3366	89	16	solvency	solvency	NOUN
ajfa-3366	89	17	margin	margin	NOUN
ajfa-3366	89	18	has	have	AUX
ajfa-3366	89	19	been	be	AUX
ajfa-3366	89	20	tested	test	VERB
ajfa-3366	89	21	by	by	ADP
ajfa-3366	89	22	using	use	VERB
ajfa-3366	89	23	following	follow	VERB
ajfa-3366	89	24	equation	equation	NOUN
ajfa-3366	89	25	:	:	PUNCT
ajfa-3366	90	1	solvency(y	solvency(y	NOUN
ajfa-3366	90	2	)	)	PUNCT
ajfa-3366	90	3	 	 	SPACE
ajfa-3366	90	4	=	=	NOUN
ajfa-3366	90	5	 	 	SPACE
ajfa-3366	90	6	market	market	VERB
ajfa-3366	90	7	 	 	SPACE
ajfa-3366	90	8	shareoperating	shareoperating	NOUN
ajfa-3366	90	9	 	 	SPACE
ajfa-3366	90	10	marginfirms	marginfirm	NOUN
ajfa-3366	90	11	 	 	SPACE
ajfa-3366	90	12	sizeinvestment	sizeinvestment	NOUN
ajfa-3366	90	13	  	  	SPACE
ajfa-3366	90	14	yield	yield	NOUN
ajfa-3366	90	15	)	)	PUNCT
ajfa-3366	90	16	 	 	SPACE
ajfa-3366	90	17	liquiditycombined	liquiditycombine	VERB
ajfa-3366	90	18	 	 	SPACE
ajfa-3366	90	19	ratioclaim	ratioclaim	NOUN
ajfa-3366	90	20	 	 	SPACE
ajfa-3366	90	21	ratiounderwriting	ratiounderwrite	VERB
ajfa-3366	90	22	  	  	SPACE
ajfa-3366	90	23	performance	performance	PROPN
ajfa-3366	90	24	results	result	VERB
ajfa-3366	90	25	and	and	CCONJ
ajfa-3366	90	26	discussion	discussion	VERB
ajfa-3366	90	27	the	the	DET
ajfa-3366	90	28	“	"	PUNCT
ajfa-3366	90	29	index	index	NOUN
ajfa-3366	90	30	of	of	ADP
ajfa-3366	90	31	performance	performance	NOUN
ajfa-3366	90	32	”	"	PUNCT
ajfa-3366	90	33	was	be	AUX
ajfa-3366	90	34	developed	develop	VERB
ajfa-3366	90	35	by	by	ADP
ajfa-3366	90	36	insurance	insurance	NOUN
ajfa-3366	90	37	solvency	solvency	NOUN
ajfa-3366	90	38	international	international	PROPN
ajfa-3366	90	39	limited	limit	VERB
ajfa-3366	90	40	as	as	ADP
ajfa-3366	90	41	a	a	DET
ajfa-3366	90	42	composite	composite	ADJ
ajfa-3366	90	43	measure	measure	NOUN
ajfa-3366	90	44	of	of	ADP
ajfa-3366	90	45	overall	overall	ADJ
ajfa-3366	90	46	performance	performance	NOUN
ajfa-3366	90	47	of	of	ADP
ajfa-3366	90	48	insurance	insurance	NOUN
ajfa-3366	90	49	companies	company	NOUN
ajfa-3366	90	50	.	.	PUNCT
ajfa-3366	91	1	in	in	ADP
ajfa-3366	91	2	this	this	DET
ajfa-3366	91	3	index	index	NOUN
ajfa-3366	91	4	,	,	PUNCT
ajfa-3366	91	5	six	six	NUM
ajfa-3366	91	6	ratios	ratio	NOUN
ajfa-3366	91	7	are	be	AUX
ajfa-3366	91	8	employed	employ	VERB
ajfa-3366	91	9	viz	viz	NUM
ajfa-3366	91	10	net	net	ADJ
ajfa-3366	91	11	premiums	premium	NOUN
ajfa-3366	91	12	to	to	ADP
ajfa-3366	91	13	shareholders	shareholder	NOUN
ajfa-3366	91	14	funds	fund	NOUN
ajfa-3366	91	15	,	,	PUNCT
ajfa-3366	91	16	change	change	NOUN
ajfa-3366	91	17	in	in	ADP
ajfa-3366	91	18	net	net	ADJ
ajfa-3366	91	19	premium	premium	NOUN
ajfa-3366	91	20	,	,	PUNCT
ajfa-3366	91	21	underwriting	underwriting	NOUN
ajfa-3366	91	22	profits	profit	NOUN
ajfa-3366	91	23	to	to	ADP
ajfa-3366	91	24	investment	investment	NOUN
ajfa-3366	91	25	income	income	NOUN
ajfa-3366	91	26	,	,	PUNCT
ajfa-3366	91	27	technical	technical	ADJ
ajfa-3366	91	28	reserves	reserve	NOUN
ajfa-3366	91	29	to	to	ADP
ajfa-3366	91	30	shareholders	shareholder	NOUN
ajfa-3366	91	31	funds	fund	NOUN
ajfa-3366	91	32	,	,	PUNCT
ajfa-3366	91	33	technical	technical	ADJ
ajfa-3366	91	34	reserves	reserve	NOUN
ajfa-3366	91	35	plus	plus	CCONJ
ajfa-3366	91	36	shareholders	shareholder	NOUN
ajfa-3366	91	37	funds	fund	NOUN
ajfa-3366	91	38	to	to	ADP
ajfa-3366	91	39	net	net	ADJ
ajfa-3366	91	40	premiums	premium	NOUN
ajfa-3366	91	41	and	and	CCONJ
ajfa-3366	91	42	pre	pre	ADJ
ajfa-3366	91	43	-	-	ADJ
ajfa-3366	91	44	tax	tax	ADJ
ajfa-3366	91	45	profits	profit	NOUN
ajfa-3366	91	46	to	to	ADP
ajfa-3366	91	47	net	net	ADJ
ajfa-3366	91	48	premiums	premium	NOUN
ajfa-3366	91	49	.	.	PUNCT
ajfa-3366	92	1	the	the	DET
ajfa-3366	92	2	analysis	analysis	NOUN
ajfa-3366	92	3	in	in	ADP
ajfa-3366	92	4	this	this	DET
ajfa-3366	92	5	context	context	NOUN
ajfa-3366	92	6	is	be	AUX
ajfa-3366	92	7	presented	present	VERB
ajfa-3366	92	8	separately	separately	ADV
ajfa-3366	92	9	for	for	ADP
ajfa-3366	92	10	public	public	ADJ
ajfa-3366	92	11	and	and	CCONJ
ajfa-3366	92	12	private	private	ADJ
ajfa-3366	92	13	insurers	insurer	NOUN
ajfa-3366	92	14	as	as	ADP
ajfa-3366	92	15	under	under	ADP
ajfa-3366	92	16	:	:	PUNCT
ajfa-3366	92	17	a	a	X
ajfa-3366	92	18	)	)	PUNCT
ajfa-3366	92	19	isi	isi	PROPN
ajfa-3366	92	20	standard	standard	NOUN
ajfa-3366	92	21	and	and	CCONJ
ajfa-3366	92	22	public	public	ADJ
ajfa-3366	92	23	sector	sector	NOUN
ajfa-3366	92	24	insurance	insurance	NOUN
ajfa-3366	92	25	companies	company	NOUN
ajfa-3366	92	26	.	.	PUNCT
ajfa-3366	93	1	the	the	DET
ajfa-3366	93	2	benchmark	benchmark	PROPN
ajfa-3366	93	3	isi	isi	PROPN
ajfa-3366	93	4	standard	standard	NOUN
ajfa-3366	93	5	,	,	PUNCT
ajfa-3366	93	6	for	for	ADP
ajfa-3366	93	7	these	these	DET
ajfa-3366	93	8	ratios	ratio	NOUN
ajfa-3366	93	9	,	,	PUNCT
ajfa-3366	93	10	along	along	ADP
ajfa-3366	93	11	with	with	ADP
ajfa-3366	93	12	prescribed	prescribed	ADJ
ajfa-3366	93	13	ratio	ratio	NOUN
ajfa-3366	93	14	for	for	ADP
ajfa-3366	93	15	public	public	ADJ
ajfa-3366	93	16	sector	sector	NOUN
ajfa-3366	93	17	insurers	insurer	NOUN
ajfa-3366	93	18	for	for	ADP
ajfa-3366	93	19	a	a	DET
ajfa-3366	93	20	period	period	NOUN
ajfa-3366	93	21	of	of	ADP
ajfa-3366	93	22	five	five	NUM
ajfa-3366	93	23	years	year	NOUN
ajfa-3366	93	24	from	from	ADP
ajfa-3366	93	25	2004	2004	NUM
ajfa-3366	93	26	-	-	SYM
ajfa-3366	93	27	05	05	NUM
ajfa-3366	93	28	to	to	ADP
ajfa-3366	93	29	2008	2008	NUM
ajfa-3366	93	30	-	-	SYM
ajfa-3366	93	31	09	09	NUM
ajfa-3366	93	32	are	be	AUX
ajfa-3366	93	33	presented	present	VERB
ajfa-3366	93	34	in	in	ADP
ajfa-3366	93	35	table	table	NOUN
ajfa-3366	93	36	1	1	NUM
ajfa-3366	93	37	.	.	PUNCT
ajfa-3366	94	1	as	as	SCONJ
ajfa-3366	94	2	is	be	AUX
ajfa-3366	94	3	evident	evident	ADJ
ajfa-3366	94	4	from	from	ADP
ajfa-3366	94	5	the	the	DET
ajfa-3366	94	6	analysis	analysis	NOUN
ajfa-3366	94	7	of	of	ADP
ajfa-3366	94	8	net	net	ADJ
ajfa-3366	94	9	premium	premium	NOUN
ajfa-3366	94	10	to	to	ADP
ajfa-3366	94	11	shareholders	shareholder	NOUN
ajfa-3366	94	12	funds	fund	NOUN
ajfa-3366	94	13	ratio	ratio	NOUN
ajfa-3366	94	14	,	,	PUNCT
ajfa-3366	94	15	the	the	DET
ajfa-3366	94	16	ratio	ratio	NOUN
ajfa-3366	94	17	is	be	AUX
ajfa-3366	94	18	within	within	ADP
ajfa-3366	94	19	the	the	DET
ajfa-3366	94	20	benchmark	benchmark	PROPN
ajfa-3366	94	21	isi	isi	PROPN
ajfa-3366	94	22	standard	standard	NOUN
ajfa-3366	94	23	of	of	ADP
ajfa-3366	94	24	less	less	ADJ
ajfa-3366	94	25	than	than	ADP
ajfa-3366	94	26	300	300	NUM
ajfa-3366	94	27	for	for	ADP
ajfa-3366	94	28	all	all	DET
ajfa-3366	94	29	public	public	ADJ
ajfa-3366	94	30	sector	sector	NOUN
ajfa-3366	94	31	insurers	insurer	NOUN
ajfa-3366	94	32	for	for	ADP
ajfa-3366	94	33	the	the	DET
ajfa-3366	94	34	period	period	NOUN
ajfa-3366	94	35	of	of	ADP
ajfa-3366	94	36	study	study	NOUN
ajfa-3366	94	37	and	and	CCONJ
ajfa-3366	94	38	as	as	ADP
ajfa-3366	94	39	such	such	ADJ
ajfa-3366	94	40	they	they	PRON
ajfa-3366	94	41	are	be	AUX
ajfa-3366	94	42	able	able	ADJ
ajfa-3366	94	43	to	to	PART
ajfa-3366	94	44	meet	meet	VERB
ajfa-3366	94	45	this	this	DET
ajfa-3366	94	46	standard	standard	NOUN
ajfa-3366	94	47	during	during	ADP
ajfa-3366	94	48	the	the	DET
ajfa-3366	94	49	period	period	NOUN
ajfa-3366	94	50	of	of	ADP
ajfa-3366	94	51	study	study	NOUN
ajfa-3366	94	52	.	.	PUNCT
ajfa-3366	95	1	the	the	DET
ajfa-3366	95	2	ratio	ratio	NOUN
ajfa-3366	95	3	of	of	ADP
ajfa-3366	95	4	change	change	NOUN
ajfa-3366	95	5	in	in	ADP
ajfa-3366	95	6	net	net	ADJ
ajfa-3366	95	7	premium	premium	NOUN
ajfa-3366	95	8	for	for	ADP
ajfa-3366	95	9	all	all	DET
ajfa-3366	95	10	public	public	ADJ
ajfa-3366	95	11	sector	sector	NOUN
ajfa-3366	95	12	insurance	insurance	NOUN
ajfa-3366	95	13	companies	company	NOUN
ajfa-3366	95	14	is	be	AUX
ajfa-3366	95	15	within	within	ADP
ajfa-3366	95	16	the	the	DET
ajfa-3366	95	17	benchmark	benchmark	NOUN
ajfa-3366	95	18	of	of	ADP
ajfa-3366	95	19	±25	±25	PROPN
ajfa-3366	95	20	for	for	ADP
ajfa-3366	95	21	all	all	DET
ajfa-3366	95	22	years	year	NOUN
ajfa-3366	95	23	of	of	ADP
ajfa-3366	95	24	study	study	NOUN
ajfa-3366	95	25	period	period	NOUN
ajfa-3366	95	26	.	.	PUNCT
ajfa-3366	96	1	similarly	similarly	ADV
ajfa-3366	96	2	,	,	PUNCT
ajfa-3366	96	3	all	all	DET
ajfa-3366	96	4	public	public	ADJ
ajfa-3366	96	5	sector	sector	NOUN
ajfa-3366	96	6	insurers	insurer	NOUN
ajfa-3366	96	7	are	be	AUX
ajfa-3366	96	8	able	able	ADJ
ajfa-3366	96	9	of	of	PART
ajfa-3366	96	10	meet	meet	VERB
ajfa-3366	96	11	the	the	DET
ajfa-3366	96	12	isi	isi	PROPN
ajfa-3366	96	13	standard	standard	NOUN
ajfa-3366	96	14	of	of	ADP
ajfa-3366	96	15	less	less	ADJ
ajfa-3366	96	16	than	than	ADP
ajfa-3366	96	17	350	350	NUM
ajfa-3366	96	18	over	over	ADP
ajfa-3366	96	19	the	the	DET
ajfa-3366	96	20	study	study	NOUN
ajfa-3366	96	21	period	period	NOUN
ajfa-3366	96	22	in	in	ADP
ajfa-3366	96	23	the	the	DET
ajfa-3366	96	24	respect	respect	NOUN
ajfa-3366	96	25	technical	technical	ADJ
ajfa-3366	96	26	reserves	reserve	NOUN
ajfa-3366	96	27	to	to	ADP
ajfa-3366	96	28	shareholders	shareholder	NOUN
ajfa-3366	96	29	funds	fund	NOUN
ajfa-3366	96	30	.	.	PUNCT
ajfa-3366	97	1	however	however	ADV
ajfa-3366	97	2	,	,	PUNCT
ajfa-3366	97	3	it	it	PRON
ajfa-3366	97	4	surprising	surprising	ADJ
ajfa-3366	97	5	to	to	PART
ajfa-3366	97	6	note	note	VERB
ajfa-3366	97	7	that	that	SCONJ
ajfa-3366	97	8	benchmark	benchmark	NOUN
ajfa-3366	97	9	of	of	ADP
ajfa-3366	97	10	less	less	ADJ
ajfa-3366	97	11	than	than	ADP
ajfa-3366	97	12	-25	-25	PUNCT
ajfa-3366	97	13	for	for	ADP
ajfa-3366	97	14	underwriting	underwriting	NOUN
ajfa-3366	97	15	profits	profit	NOUN
ajfa-3366	97	16	to	to	ADP
ajfa-3366	97	17	investment	investment	NOUN
ajfa-3366	97	18	ratio	ratio	NOUN
ajfa-3366	97	19	in	in	ADP
ajfa-3366	97	20	case	case	NOUN
ajfa-3366	97	21	of	of	ADP
ajfa-3366	97	22	public	public	ADJ
ajfa-3366	97	23	sector	sector	NOUN
ajfa-3366	97	24	insurers	insurer	NOUN
ajfa-3366	97	25	is	be	AUX
ajfa-3366	97	26	more	more	ADJ
ajfa-3366	97	27	than	than	ADP
ajfa-3366	97	28	the	the	DET
ajfa-3366	97	29	set	set	ADJ
ajfa-3366	97	30	standard	standard	NOUN
ajfa-3366	97	31	for	for	ADP
ajfa-3366	97	32	all	all	DET
ajfa-3366	97	33	years	year	NOUN
ajfa-3366	97	34	of	of	ADP
ajfa-3366	97	35	study	study	NOUN
ajfa-3366	97	36	period	period	NOUN
ajfa-3366	97	37	and	and	CCONJ
ajfa-3366	97	38	as	as	SCONJ
ajfa-3366	97	39	such	such	ADJ
ajfa-3366	97	40	public	public	ADJ
ajfa-3366	97	41	sector	sector	NOUN
ajfa-3366	97	42	insurers	insurer	NOUN
ajfa-3366	97	43	were	be	AUX
ajfa-3366	97	44	not	not	PART
ajfa-3366	97	45	able	able	ADJ
ajfa-3366	97	46	to	to	PART
ajfa-3366	97	47	meet	meet	VERB
ajfa-3366	97	48	isi	isi	PROPN
ajfa-3366	97	49	standard	standard	NOUN
ajfa-3366	97	50	in	in	ADP
ajfa-3366	97	51	this	this	DET
ajfa-3366	97	52	respect	respect	NOUN
ajfa-3366	97	53	.	.	PUNCT
ajfa-3366	98	1	further	far	ADV
ajfa-3366	98	2	,	,	PUNCT
ajfa-3366	98	3	it	it	PRON
ajfa-3366	98	4	is	be	AUX
ajfa-3366	98	5	evident	evident	ADJ
ajfa-3366	98	6	from	from	ADP
ajfa-3366	98	7	the	the	DET
ajfa-3366	98	8	analysis	analysis	NOUN
ajfa-3366	98	9	of	of	ADP
ajfa-3366	98	10	technical	technical	ADJ
ajfa-3366	98	11	reserves	reserve	NOUN
ajfa-3366	98	12	plus	plus	CCONJ
ajfa-3366	98	13	shareholders	shareholder	NOUN
ajfa-3366	98	14	funds	fund	NOUN
ajfa-3366	98	15	to	to	ADP
ajfa-3366	98	16	net	net	ADJ
ajfa-3366	98	17	premiums	premium	NOUN
ajfa-3366	98	18	that	that	PRON
ajfa-3366	98	19	only	only	ADV
ajfa-3366	98	20	new	new	ADJ
ajfa-3366	98	21	india	india	PROPN
ajfa-3366	98	22	and	and	CCONJ
ajfa-3366	98	23	united	united	PROPN
ajfa-3366	98	24	insurers	insurer	NOUN
ajfa-3366	98	25	are	be	AUX
ajfa-3366	98	26	able	able	ADJ
ajfa-3366	98	27	to	to	PART
ajfa-3366	98	28	meet	meet	VERB
ajfa-3366	98	29	isi	isi	PROPN
ajfa-3366	98	30	standard	standard	NOUN
ajfa-3366	98	31	of	of	ADP
ajfa-3366	98	32	less	less	ADJ
ajfa-3366	98	33	than	than	ADP
ajfa-3366	98	34	150	150	NUM
ajfa-3366	98	35	for	for	ADP
ajfa-3366	98	36	all	all	DET
ajfa-3366	98	37	years	year	NOUN
ajfa-3366	98	38	of	of	ADP
ajfa-3366	98	39	study	study	NOUN
ajfa-3366	98	40	period	period	NOUN
ajfa-3366	98	41	.	.	PUNCT
ajfa-3366	99	1	while	while	SCONJ
ajfa-3366	99	2	oriental	oriental	ADJ
ajfa-3366	99	3	and	and	CCONJ
ajfa-3366	99	4	national	national	ADJ
ajfa-3366	99	5	insurers	insurer	NOUN
ajfa-3366	99	6	have	have	AUX
ajfa-3366	99	7	failed	fail	VERB
ajfa-3366	99	8	to	to	PART
ajfa-3366	99	9	meet	meet	VERB
ajfa-3366	99	10	the	the	DET
ajfa-3366	99	11	isi	isi	PROPN
ajfa-3366	99	12	standard	standard	NOUN
ajfa-3366	99	13	for	for	ADP
ajfa-3366	99	14	all	all	DET
ajfa-3366	99	15	years	year	NOUN
ajfa-3366	99	16	of	of	ADP
ajfa-3366	99	17	study	study	NOUN
ajfa-3366	99	18	period	period	NOUN
ajfa-3366	99	19	in	in	ADP
ajfa-3366	99	20	respect	respect	NOUN
ajfa-3366	99	21	of	of	ADP
ajfa-3366	99	22	technical	technical	ADJ
ajfa-3366	99	23	reserves	reserve	NOUN
ajfa-3366	99	24	plus	plus	CCONJ
ajfa-3366	99	25	shareholders	shareholder	NOUN
ajfa-3366	99	26	funds	fund	NOUN
ajfa-3366	99	27	to	to	ADP
ajfa-3366	99	28	net	net	ADJ
ajfa-3366	99	29	premiums	premium	NOUN
ajfa-3366	99	30	.	.	PUNCT
ajfa-3366	100	1	it	it	PRON
ajfa-3366	100	2	is	be	AUX
ajfa-3366	100	3	also	also	ADV
ajfa-3366	100	4	clear	clear	ADJ
ajfa-3366	100	5	from	from	ADP
ajfa-3366	100	6	the	the	DET
ajfa-3366	100	7	analysis	analysis	NOUN
ajfa-3366	100	8	of	of	ADP
ajfa-3366	100	9	pre	pre	ADJ
ajfa-3366	100	10	-	-	ADJ
ajfa-3366	100	11	tax	tax	ADJ
ajfa-3366	100	12	profits	profit	NOUN
ajfa-3366	100	13	to	to	ADP
ajfa-3366	100	14	net	net	ADJ
ajfa-3366	100	15	premiums	premium	NOUN
ajfa-3366	100	16	that	that	PRON
ajfa-3366	100	17	all	all	DET
ajfa-3366	100	18	public	public	ADJ
ajfa-3366	100	19	sector	sector	NOUN
ajfa-3366	100	20	companies	company	NOUN
ajfa-3366	100	21	are	be	AUX
ajfa-3366	100	22	able	able	ADJ
ajfa-3366	100	23	to	to	PART
ajfa-3366	100	24	meet	meet	VERB
ajfa-3366	100	25	benchmark	benchmark	NOUN
ajfa-3366	100	26	standard	standard	NOUN
ajfa-3366	100	27	of	of	ADP
ajfa-3366	100	28	greater	great	ADJ
ajfa-3366	100	29	than	than	ADP
ajfa-3366	100	30	5	5	NUM
ajfa-3366	100	31	in	in	ADP
ajfa-3366	100	32	this	this	DET
ajfa-3366	100	33	respect	respect	NOUN
ajfa-3366	100	34	except	except	SCONJ
ajfa-3366	100	35	for	for	ADP
ajfa-3366	100	36	oriental	oriental	ADJ
ajfa-3366	100	37	during	during	ADP
ajfa-3366	100	38	2008	2008	NUM
ajfa-3366	100	39	-	-	SYM
ajfa-3366	100	40	09	09	NUM
ajfa-3366	100	41	(	(	PUNCT
ajfa-3366	100	42	-2.88	-2.88	NOUN
ajfa-3366	100	43	)	)	PUNCT
ajfa-3366	100	44	and	and	CCONJ
ajfa-3366	100	45	national	national	ADJ
ajfa-3366	100	46	for	for	ADP
ajfa-3366	100	47	years	year	NOUN
ajfa-3366	100	48	2004	2004	NUM
ajfa-3366	100	49	-	-	SYM
ajfa-3366	100	50	05	05	NUM
ajfa-3366	101	1	(	(	PUNCT
ajfa-3366	101	2	4.99	4.99	NUM
ajfa-3366	101	3	)	)	PUNCT
ajfa-3366	101	4	2005	2005	NUM
ajfa-3366	101	5	-	-	SYM
ajfa-3366	101	6	06	06	NUM
ajfa-3366	101	7	(	(	PUNCT
ajfa-3366	101	8	-2.22	-2.22	NOUN
ajfa-3366	101	9	)	)	PUNCT
ajfa-3366	101	10	and	and	CCONJ
ajfa-3366	101	11	2008	2008	NUM
ajfa-3366	101	12	-	-	SYM
ajfa-3366	101	13	09	09	NUM
ajfa-3366	101	14	(	(	PUNCT
ajfa-3366	101	15	-3.90	-3.90	NUM
ajfa-3366	101	16	)	)	PUNCT
ajfa-3366	101	17	.	.	PUNCT
ajfa-3366	102	1	asian	asian	ADJ
ajfa-3366	102	2	journal	journal	PROPN
ajfa-3366	102	3	of	of	ADP
ajfa-3366	102	4	finance	finance	PROPN
ajfa-3366	102	5	&	&	CCONJ
ajfa-3366	102	6	accounting	accounting	PROPN
ajfa-3366	102	7	issn	issn	PROPN
ajfa-3366	102	8	1946	1946	NUM
ajfa-3366	102	9	-	-	PUNCT
ajfa-3366	102	10	052x	052x	NOUN
ajfa-3366	102	11	2013	2013	NUM
ajfa-3366	102	12	,	,	PUNCT
ajfa-3366	102	13	vol	vol	NOUN
ajfa-3366	102	14	.	.	PROPN
ajfa-3366	102	15	5	5	NUM
ajfa-3366	102	16	,	,	PUNCT
ajfa-3366	102	17	no	no	INTJ
ajfa-3366	102	18	.	.	NOUN
ajfa-3366	102	19	1	1	NUM
ajfa-3366	102	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-3366	102	21	312	312	NUM
ajfa-3366	102	22	b	b	X
ajfa-3366	102	23	)	)	PUNCT
ajfa-3366	102	24	isi	isi	PROPN
ajfa-3366	102	25	standard	standard	ADJ
ajfa-3366	102	26	and	and	CCONJ
ajfa-3366	102	27	private	private	ADJ
ajfa-3366	102	28	sector	sector	NOUN
ajfa-3366	102	29	insurance	insurance	NOUN
ajfa-3366	102	30	companies	company	NOUN
ajfa-3366	102	31	the	the	DET
ajfa-3366	102	32	analysis	analysis	NOUN
ajfa-3366	102	33	of	of	ADP
ajfa-3366	102	34	isi	isi	PROPN
ajfa-3366	102	35	standard	standard	ADJ
ajfa-3366	102	36	benchmark	benchmark	ADJ
ajfa-3366	102	37	analysis	analysis	NOUN
ajfa-3366	102	38	ratio	ratio	NOUN
ajfa-3366	102	39	for	for	ADP
ajfa-3366	102	40	private	private	ADJ
ajfa-3366	102	41	sector	sector	NOUN
ajfa-3366	102	42	insurance	insurance	NOUN
ajfa-3366	102	43	companies	company	NOUN
ajfa-3366	102	44	is	be	AUX
ajfa-3366	102	45	presented	present	VERB
ajfa-3366	102	46	in	in	ADP
ajfa-3366	102	47	table	table	NOUN
ajfa-3366	102	48	2	2	NUM
ajfa-3366	102	49	.	.	PUNCT
ajfa-3366	103	1	the	the	DET
ajfa-3366	103	2	analysis	analysis	NOUN
ajfa-3366	103	3	of	of	ADP
ajfa-3366	103	4	net	net	ADJ
ajfa-3366	103	5	premiums	premium	NOUN
ajfa-3366	103	6	to	to	ADP
ajfa-3366	103	7	shareholders	shareholder	NOUN
ajfa-3366	103	8	funds	fund	NOUN
ajfa-3366	103	9	reveals	reveal	VERB
ajfa-3366	103	10	that	that	SCONJ
ajfa-3366	103	11	all	all	DET
ajfa-3366	103	12	private	private	ADJ
ajfa-3366	103	13	sector	sector	NOUN
ajfa-3366	103	14	insurers	insurer	NOUN
ajfa-3366	103	15	and	and	CCONJ
ajfa-3366	103	16	the	the	DET
ajfa-3366	103	17	period	period	NOUN
ajfa-3366	103	18	of	of	ADP
ajfa-3366	103	19	study	study	NOUN
ajfa-3366	103	20	are	be	AUX
ajfa-3366	103	21	able	able	ADJ
ajfa-3366	103	22	to	to	PART
ajfa-3366	103	23	meet	meet	VERB
ajfa-3366	103	24	isi	isi	PROPN
ajfa-3366	103	25	standard	standard	NOUN
ajfa-3366	103	26	of	of	ADP
ajfa-3366	103	27	less	less	ADJ
ajfa-3366	103	28	than	than	ADP
ajfa-3366	103	29	300	300	NUM
ajfa-3366	103	30	.	.	PUNCT
ajfa-3366	104	1	the	the	DET
ajfa-3366	104	2	ratio	ratio	NOUN
ajfa-3366	104	3	of	of	ADP
ajfa-3366	104	4	change	change	NOUN
ajfa-3366	104	5	in	in	ADP
ajfa-3366	104	6	net	net	ADJ
ajfa-3366	104	7	premium	premium	NOUN
ajfa-3366	104	8	for	for	ADP
ajfa-3366	104	9	all	all	DET
ajfa-3366	104	10	private	private	ADJ
ajfa-3366	104	11	sector	sector	NOUN
ajfa-3366	104	12	insurers	insurer	NOUN
ajfa-3366	104	13	presents	present	VERB
ajfa-3366	104	14	fluctuating	fluctuate	VERB
ajfa-3366	104	15	picture	picture	NOUN
ajfa-3366	104	16	as	as	ADP
ajfa-3366	104	17	almost	almost	ADV
ajfa-3366	104	18	in	in	ADP
ajfa-3366	104	19	all	all	DET
ajfa-3366	104	20	years	year	NOUN
ajfa-3366	104	21	of	of	ADP
ajfa-3366	104	22	study	study	NOUN
ajfa-3366	104	23	period	period	NOUN
ajfa-3366	104	24	,	,	PUNCT
ajfa-3366	104	25	the	the	DET
ajfa-3366	104	26	companies	company	NOUN
ajfa-3366	104	27	are	be	AUX
ajfa-3366	104	28	not	not	PART
ajfa-3366	104	29	able	able	ADJ
ajfa-3366	104	30	to	to	PART
ajfa-3366	104	31	meet	meet	VERB
ajfa-3366	104	32	the	the	DET
ajfa-3366	104	33	benchmark	benchmark	ADJ
ajfa-3366	104	34	standard	standard	NOUN
ajfa-3366	104	35	of	of	ADP
ajfa-3366	104	36	±	±	NUM
ajfa-3366	104	37	25	25	NUM
ajfa-3366	104	38	except	except	SCONJ
ajfa-3366	104	39	for	for	ADP
ajfa-3366	104	40	few	few	ADJ
ajfa-3366	104	41	years	year	NOUN
ajfa-3366	104	42	when	when	SCONJ
ajfa-3366	104	43	they	they	PRON
ajfa-3366	104	44	are	be	AUX
ajfa-3366	104	45	able	able	ADJ
ajfa-3366	104	46	to	to	PART
ajfa-3366	104	47	meet	meet	VERB
ajfa-3366	104	48	to	to	ADP
ajfa-3366	104	49	this	this	DET
ajfa-3366	104	50	standard	standard	NOUN
ajfa-3366	104	51	.	.	PUNCT
ajfa-3366	105	1	similar	similar	ADJ
ajfa-3366	105	2	picture	picture	NOUN
ajfa-3366	105	3	was	be	AUX
ajfa-3366	105	4	witnessed	witness	VERB
ajfa-3366	105	5	for	for	ADP
ajfa-3366	105	6	all	all	DET
ajfa-3366	105	7	companies	company	NOUN
ajfa-3366	105	8	in	in	ADP
ajfa-3366	105	9	the	the	DET
ajfa-3366	105	10	private	private	ADJ
ajfa-3366	105	11	sector	sector	NOUN
ajfa-3366	105	12	over	over	ADP
ajfa-3366	105	13	the	the	DET
ajfa-3366	105	14	period	period	NOUN
ajfa-3366	105	15	of	of	ADP
ajfa-3366	105	16	study	study	NOUN
ajfa-3366	105	17	in	in	ADP
ajfa-3366	105	18	respect	respect	NOUN
ajfa-3366	105	19	of	of	ADP
ajfa-3366	105	20	underwriting	underwriting	NOUN
ajfa-3366	105	21	profits	profit	NOUN
ajfa-3366	105	22	to	to	ADP
ajfa-3366	105	23	investment	investment	NOUN
ajfa-3366	105	24	ratio	ratio	NOUN
ajfa-3366	105	25	,	,	PUNCT
ajfa-3366	105	26	where	where	SCONJ
ajfa-3366	105	27	companies	company	NOUN
ajfa-3366	105	28	are	be	AUX
ajfa-3366	105	29	far	far	ADV
ajfa-3366	105	30	away	away	ADV
ajfa-3366	105	31	from	from	ADP
ajfa-3366	105	32	set	set	ADJ
ajfa-3366	105	33	standard	standard	NOUN
ajfa-3366	105	34	of	of	ADP
ajfa-3366	105	35	less	less	ADJ
ajfa-3366	105	36	than	than	ADP
ajfa-3366	105	37	-25	-25	PROPN
ajfa-3366	105	38	.	.	PUNCT
ajfa-3366	106	1	however	however	ADV
ajfa-3366	106	2	,	,	PUNCT
ajfa-3366	106	3	it	it	PRON
ajfa-3366	106	4	is	be	AUX
ajfa-3366	106	5	evident	evident	ADJ
ajfa-3366	106	6	from	from	ADP
ajfa-3366	106	7	the	the	DET
ajfa-3366	106	8	analysis	analysis	NOUN
ajfa-3366	106	9	of	of	ADP
ajfa-3366	106	10	technical	technical	ADJ
ajfa-3366	106	11	reserves	reserve	NOUN
ajfa-3366	106	12	to	to	ADP
ajfa-3366	106	13	shareholders	shareholder	NOUN
ajfa-3366	106	14	funds	fund	NOUN
ajfa-3366	106	15	that	that	SCONJ
ajfa-3366	106	16	private	private	ADJ
ajfa-3366	106	17	sector	sector	NOUN
ajfa-3366	106	18	insurers	insurer	NOUN
ajfa-3366	106	19	have	have	AUX
ajfa-3366	106	20	been	be	AUX
ajfa-3366	106	21	able	able	ADJ
ajfa-3366	106	22	to	to	PART
ajfa-3366	106	23	meet	meet	VERB
ajfa-3366	106	24	the	the	DET
ajfa-3366	106	25	benchmark	benchmark	ADJ
ajfa-3366	106	26	standard	standard	NOUN
ajfa-3366	106	27	of	of	ADP
ajfa-3366	106	28	less	less	ADJ
ajfa-3366	106	29	than	than	ADP
ajfa-3366	106	30	350	350	NUM
ajfa-3366	106	31	for	for	ADP
ajfa-3366	106	32	all	all	DET
ajfa-3366	106	33	years	year	NOUN
ajfa-3366	106	34	of	of	ADP
ajfa-3366	106	35	the	the	DET
ajfa-3366	106	36	reference	reference	NOUN
ajfa-3366	106	37	period	period	NOUN
ajfa-3366	106	38	.	.	PUNCT
ajfa-3366	107	1	the	the	DET
ajfa-3366	107	2	ratio	ratio	NOUN
ajfa-3366	107	3	of	of	ADP
ajfa-3366	107	4	technical	technical	ADJ
ajfa-3366	107	5	reserves	reserve	NOUN
ajfa-3366	107	6	plus	plus	CCONJ
ajfa-3366	107	7	shareholders	shareholder	NOUN
ajfa-3366	107	8	funds	fund	NOUN
ajfa-3366	107	9	to	to	ADP
ajfa-3366	107	10	net	net	ADJ
ajfa-3366	107	11	premium	premium	NOUN
ajfa-3366	107	12	computed	compute	VERB
ajfa-3366	107	13	in	in	ADP
ajfa-3366	107	14	respect	respect	NOUN
ajfa-3366	107	15	of	of	ADP
ajfa-3366	107	16	private	private	ADJ
ajfa-3366	107	17	sector	sector	NOUN
ajfa-3366	107	18	insurers	insurer	NOUN
ajfa-3366	107	19	for	for	ADP
ajfa-3366	107	20	the	the	DET
ajfa-3366	107	21	study	study	NOUN
ajfa-3366	107	22	period	period	NOUN
ajfa-3366	107	23	shows	show	VERB
ajfa-3366	107	24	that	that	SCONJ
ajfa-3366	107	25	all	all	DET
ajfa-3366	107	26	private	private	ADJ
ajfa-3366	107	27	companies	company	NOUN
ajfa-3366	107	28	are	be	AUX
ajfa-3366	107	29	able	able	ADJ
ajfa-3366	107	30	to	to	PART
ajfa-3366	107	31	meet	meet	VERB
ajfa-3366	107	32	the	the	DET
ajfa-3366	107	33	isi	isi	PROPN
ajfa-3366	107	34	standard	standard	NOUN
ajfa-3366	107	35	of	of	ADP
ajfa-3366	107	36	less	less	ADJ
ajfa-3366	107	37	than	than	ADP
ajfa-3366	107	38	150	150	NUM
ajfa-3366	107	39	in	in	ADP
ajfa-3366	107	40	this	this	DET
ajfa-3366	107	41	respect	respect	NOUN
ajfa-3366	107	42	except	except	SCONJ
ajfa-3366	107	43	in	in	ADP
ajfa-3366	107	44	case	case	NOUN
ajfa-3366	107	45	of	of	ADP
ajfa-3366	107	46	reliance	reliance	NOUN
ajfa-3366	107	47	for	for	ADP
ajfa-3366	107	48	2004	2004	NUM
ajfa-3366	107	49	-	-	SYM
ajfa-3366	107	50	05	05	NUM
ajfa-3366	107	51	(	(	PUNCT
ajfa-3366	107	52	282.14	282.14	NUM
ajfa-3366	107	53	)	)	PUNCT
ajfa-3366	107	54	,	,	PUNCT
ajfa-3366	107	55	2005	2005	NUM
ajfa-3366	107	56	-	-	SYM
ajfa-3366	107	57	06	06	NUM
ajfa-3366	107	58	(	(	PUNCT
ajfa-3366	107	59	366.49	366.49	NUM
ajfa-3366	107	60	)	)	PUNCT
ajfa-3366	107	61	,	,	PUNCT
ajfa-3366	107	62	2006	2006	NUM
ajfa-3366	107	63	-	-	SYM
ajfa-3366	107	64	07	07	NUM
ajfa-3366	107	65	(	(	PUNCT
ajfa-3366	107	66	170.20	170.20	NUM
ajfa-3366	107	67	)	)	PUNCT
ajfa-3366	107	68	and	and	CCONJ
ajfa-3366	107	69	cholamandalam	cholamandalam	NOUN
ajfa-3366	107	70	for	for	ADP
ajfa-3366	107	71	2004	2004	NUM
ajfa-3366	107	72	-	-	SYM
ajfa-3366	107	73	05	05	NUM
ajfa-3366	107	74	(	(	PUNCT
ajfa-3366	107	75	158.67	158.67	NUM
ajfa-3366	107	76	)	)	PUNCT
ajfa-3366	107	77	.	.	PUNCT
ajfa-3366	108	1	the	the	DET
ajfa-3366	108	2	last	last	ADJ
ajfa-3366	108	3	ratio	ratio	NOUN
ajfa-3366	108	4	in	in	ADP
ajfa-3366	108	5	the	the	DET
ajfa-3366	108	6	category	category	NOUN
ajfa-3366	108	7	of	of	ADP
ajfa-3366	108	8	isi	isi	PROPN
ajfa-3366	108	9	standard	standard	PROPN
ajfa-3366	108	10	index	index	NOUN
ajfa-3366	108	11	is	be	AUX
ajfa-3366	108	12	pre	pre	ADJ
ajfa-3366	108	13	-	-	ADJ
ajfa-3366	108	14	tax	tax	ADJ
ajfa-3366	108	15	profits	profit	NOUN
ajfa-3366	108	16	/	/	SYM
ajfa-3366	108	17	net	net	ADJ
ajfa-3366	108	18	premiums	premium	NOUN
ajfa-3366	108	19	.	.	PUNCT
ajfa-3366	109	1	this	this	DET
ajfa-3366	109	2	ratio	ratio	NOUN
ajfa-3366	109	3	depicts	depict	VERB
ajfa-3366	109	4	mixed	mixed	ADJ
ajfa-3366	109	5	picture	picture	NOUN
ajfa-3366	109	6	as	as	SCONJ
ajfa-3366	109	7	all	all	DET
ajfa-3366	109	8	companies	company	NOUN
ajfa-3366	109	9	in	in	ADP
ajfa-3366	109	10	private	private	ADJ
ajfa-3366	109	11	sector	sector	NOUN
ajfa-3366	109	12	have	have	AUX
ajfa-3366	109	13	been	be	AUX
ajfa-3366	109	14	able	able	ADJ
ajfa-3366	109	15	to	to	PART
ajfa-3366	109	16	meet	meet	VERB
ajfa-3366	109	17	the	the	DET
ajfa-3366	109	18	standard	standard	NOUN
ajfa-3366	109	19	of	of	ADP
ajfa-3366	109	20	less	less	ADJ
ajfa-3366	109	21	than	than	ADP
ajfa-3366	109	22	5	5	NUM
ajfa-3366	109	23	for	for	ADP
ajfa-3366	109	24	few	few	ADJ
ajfa-3366	109	25	years	year	NOUN
ajfa-3366	109	26	of	of	ADP
ajfa-3366	109	27	study	study	NOUN
ajfa-3366	109	28	period	period	NOUN
ajfa-3366	109	29	and	and	CCONJ
ajfa-3366	109	30	have	have	AUX
ajfa-3366	109	31	failed	fail	VERB
ajfa-3366	109	32	to	to	PART
ajfa-3366	109	33	meet	meet	VERB
ajfa-3366	109	34	the	the	DET
ajfa-3366	109	35	standard	standard	NOUN
ajfa-3366	109	36	for	for	ADP
ajfa-3366	109	37	remaining	remain	VERB
ajfa-3366	109	38	years	year	NOUN
ajfa-3366	109	39	.	.	PUNCT
ajfa-3366	110	1	moreover	moreover	ADV
ajfa-3366	110	2	,	,	PUNCT
ajfa-3366	110	3	the	the	DET
ajfa-3366	110	4	ratio	ratio	NOUN
ajfa-3366	110	5	for	for	ADP
ajfa-3366	110	6	the	the	DET
ajfa-3366	110	7	hdfc	hdfc	ADJ
ajfa-3366	110	8	ergo	ergo	NOUN
ajfa-3366	110	9	could	could	AUX
ajfa-3366	110	10	not	not	PART
ajfa-3366	110	11	be	be	AUX
ajfa-3366	110	12	computed	compute	VERB
ajfa-3366	110	13	,	,	PUNCT
ajfa-3366	110	14	due	due	ADP
ajfa-3366	110	15	to	to	ADP
ajfa-3366	110	16	non	non	PRON
ajfa-3366	110	17	availability	availability	NOUN
ajfa-3366	110	18	of	of	ADP
ajfa-3366	110	19	technical	technical	ADJ
ajfa-3366	110	20	reserves	reserve	NOUN
ajfa-3366	110	21	.	.	PUNCT
ajfa-3366	111	1	the	the	DET
ajfa-3366	111	2	analysis	analysis	NOUN
ajfa-3366	111	3	reveals	reveal	VERB
ajfa-3366	111	4	that	that	SCONJ
ajfa-3366	111	5	public	public	ADJ
ajfa-3366	111	6	sector	sector	NOUN
ajfa-3366	111	7	insurers	insurer	NOUN
ajfa-3366	111	8	are	be	AUX
ajfa-3366	111	9	generally	generally	ADV
ajfa-3366	111	10	better	well	ADV
ajfa-3366	111	11	placed	place	VERB
ajfa-3366	111	12	in	in	ADP
ajfa-3366	111	13	terms	term	NOUN
ajfa-3366	111	14	of	of	ADP
ajfa-3366	111	15	the	the	DET
ajfa-3366	111	16	isi	isi	PROPN
ajfa-3366	111	17	standard	standard	NOUN
ajfa-3366	111	18	,	,	PUNCT
ajfa-3366	111	19	however	however	ADV
ajfa-3366	111	20	,	,	PUNCT
ajfa-3366	111	21	what	what	PRON
ajfa-3366	111	22	is	be	AUX
ajfa-3366	111	23	seemed	seem	VERB
ajfa-3366	111	24	to	to	PART
ajfa-3366	111	25	be	be	AUX
ajfa-3366	111	26	worrisome	worrisome	ADJ
ajfa-3366	111	27	is	be	AUX
ajfa-3366	111	28	that	that	SCONJ
ajfa-3366	111	29	the	the	DET
ajfa-3366	111	30	standard	standard	NOUN
ajfa-3366	111	31	of	of	ADP
ajfa-3366	111	32	underwriting	underwriting	NOUN
ajfa-3366	111	33	profitability	profitability	NOUN
ajfa-3366	111	34	to	to	ADP
ajfa-3366	111	35	investment	investment	NOUN
ajfa-3366	111	36	income	income	NOUN
ajfa-3366	111	37	,	,	PUNCT
ajfa-3366	111	38	which	which	PRON
ajfa-3366	111	39	has	have	AUX
ajfa-3366	111	40	never	never	ADV
ajfa-3366	111	41	been	be	AUX
ajfa-3366	111	42	met	meet	VERB
ajfa-3366	111	43	by	by	ADP
ajfa-3366	111	44	the	the	DET
ajfa-3366	111	45	public	public	ADJ
ajfa-3366	111	46	sector	sector	NOUN
ajfa-3366	111	47	insurers	insurer	NOUN
ajfa-3366	111	48	.	.	PUNCT
ajfa-3366	112	1	moreover	moreover	ADV
ajfa-3366	112	2	the	the	DET
ajfa-3366	112	3	absolute	absolute	ADJ
ajfa-3366	112	4	value	value	NOUN
ajfa-3366	112	5	of	of	ADP
ajfa-3366	112	6	the	the	DET
ajfa-3366	112	7	standard	standard	NOUN
ajfa-3366	112	8	reflects	reflect	VERB
ajfa-3366	112	9	that	that	SCONJ
ajfa-3366	112	10	underwriting	underwriting	NOUN
ajfa-3366	112	11	losses	loss	NOUN
ajfa-3366	112	12	damages	damage	VERB
ajfa-3366	112	13	overall	overall	ADJ
ajfa-3366	112	14	profitability	profitability	NOUN
ajfa-3366	112	15	position	position	NOUN
ajfa-3366	112	16	of	of	ADP
ajfa-3366	112	17	the	the	DET
ajfa-3366	112	18	public	public	ADJ
ajfa-3366	112	19	insurers	insurer	NOUN
ajfa-3366	112	20	and	and	CCONJ
ajfa-3366	112	21	the	the	DET
ajfa-3366	112	22	trend	trend	NOUN
ajfa-3366	112	23	seems	seem	VERB
ajfa-3366	112	24	to	to	PART
ajfa-3366	112	25	be	be	AUX
ajfa-3366	112	26	on	on	ADP
ajfa-3366	112	27	surge	surge	NOUN
ajfa-3366	112	28	.	.	PUNCT
ajfa-3366	113	1	the	the	DET
ajfa-3366	113	2	analysis	analysis	NOUN
ajfa-3366	113	3	of	of	ADP
ajfa-3366	113	4	private	private	ADJ
ajfa-3366	113	5	sector	sector	NOUN
ajfa-3366	113	6	insurers	insurer	NOUN
ajfa-3366	113	7	on	on	ADP
ajfa-3366	113	8	the	the	DET
ajfa-3366	113	9	other	other	ADJ
ajfa-3366	113	10	hand	hand	NOUN
ajfa-3366	113	11	reveals	reveal	VERB
ajfa-3366	113	12	heavy	heavy	ADJ
ajfa-3366	113	13	fluctuation	fluctuation	NOUN
ajfa-3366	113	14	in	in	ADP
ajfa-3366	113	15	net	net	ADJ
ajfa-3366	113	16	premium	premium	NOUN
ajfa-3366	113	17	and	and	CCONJ
ajfa-3366	113	18	they	they	PRON
ajfa-3366	113	19	are	be	AUX
ajfa-3366	113	20	not	not	PART
ajfa-3366	113	21	able	able	ADJ
ajfa-3366	113	22	to	to	PART
ajfa-3366	113	23	meet	meet	VERB
ajfa-3366	113	24	the	the	DET
ajfa-3366	113	25	benchmark	benchmark	ADJ
ajfa-3366	113	26	standard	standard	NOUN
ajfa-3366	113	27	.	.	PUNCT
ajfa-3366	114	1	analysis	analysis	NOUN
ajfa-3366	114	2	also	also	ADV
ajfa-3366	114	3	reveals	reveal	VERB
ajfa-3366	114	4	that	that	SCONJ
ajfa-3366	114	5	underwriting	underwriting	NOUN
ajfa-3366	114	6	profitability	profitability	NOUN
ajfa-3366	114	7	too	too	ADV
ajfa-3366	114	8	has	have	AUX
ajfa-3366	114	9	been	be	AUX
ajfa-3366	114	10	under	under	ADP
ajfa-3366	114	11	strain	strain	NOUN
ajfa-3366	114	12	as	as	SCONJ
ajfa-3366	114	13	such	such	DET
ajfa-3366	114	14	the	the	DET
ajfa-3366	114	15	sector	sector	NOUN
ajfa-3366	114	16	does	do	AUX
ajfa-3366	114	17	not	not	PART
ajfa-3366	114	18	meet	meet	VERB
ajfa-3366	114	19	the	the	DET
ajfa-3366	114	20	prescribed	prescribe	VERB
ajfa-3366	114	21	standard	standard	NOUN
ajfa-3366	114	22	by	by	ADP
ajfa-3366	114	23	isi	isi	PROPN
ajfa-3366	114	24	and	and	CCONJ
ajfa-3366	114	25	consequently	consequently	ADV
ajfa-3366	114	26	pre	pre	ADJ
ajfa-3366	114	27	-	-	ADJ
ajfa-3366	114	28	tax	tax	ADJ
ajfa-3366	114	29	profits	profit	NOUN
ajfa-3366	114	30	/	/	SYM
ajfa-3366	114	31	net	net	ADJ
ajfa-3366	114	32	premium	premium	NOUN
ajfa-3366	114	33	is	be	AUX
ajfa-3366	114	34	also	also	ADV
ajfa-3366	114	35	affected	affect	VERB
ajfa-3366	114	36	,	,	PUNCT
ajfa-3366	114	37	which	which	PRON
ajfa-3366	114	38	lead	lead	VERB
ajfa-3366	114	39	to	to	ADP
ajfa-3366	114	40	the	the	DET
ajfa-3366	114	41	sectoral	sectoral	ADJ
ajfa-3366	114	42	inability	inability	NOUN
ajfa-3366	114	43	of	of	ADP
ajfa-3366	114	44	meeting	meet	VERB
ajfa-3366	114	45	the	the	DET
ajfa-3366	114	46	isi	isi	PROPN
ajfa-3366	114	47	standard	standard	NOUN
ajfa-3366	114	48	.	.	PUNCT
ajfa-3366	115	1	regression	regression	VERB
ajfa-3366	115	2	analysis	analysis	NOUN
ajfa-3366	115	3	of	of	ADP
ajfa-3366	115	4	solvency	solvency	NOUN
ajfa-3366	115	5	of	of	ADP
ajfa-3366	115	6	non	non	ADJ
ajfa-3366	115	7	-	-	ADJ
ajfa-3366	115	8	life	life	ADJ
ajfa-3366	115	9	insurers	insurer	NOUN
ajfa-3366	115	10	the	the	DET
ajfa-3366	115	11	irda	irda	PROPN
ajfa-3366	115	12	has	have	AUX
ajfa-3366	115	13	issued	issue	VERB
ajfa-3366	115	14	a	a	DET
ajfa-3366	115	15	strict	strict	ADJ
ajfa-3366	115	16	guideline	guideline	NOUN
ajfa-3366	115	17	towards	towards	ADP
ajfa-3366	115	18	maintenance	maintenance	NOUN
ajfa-3366	115	19	of	of	ADP
ajfa-3366	115	20	a	a	DET
ajfa-3366	115	21	‘	'	PUNCT
ajfa-3366	115	22	statutory	statutory	ADJ
ajfa-3366	115	23	’	'	PUNCT
ajfa-3366	115	24	solvency	solvency	NOUN
ajfa-3366	115	25	reserve	reserve	NOUN
ajfa-3366	115	26	.	.	PUNCT
ajfa-3366	116	1	solvency	solvency	NOUN
ajfa-3366	116	2	margins	margin	NOUN
ajfa-3366	116	3	for	for	ADP
ajfa-3366	116	4	each	each	DET
ajfa-3366	116	5	class	class	NOUN
ajfa-3366	116	6	or	or	CCONJ
ajfa-3366	116	7	line	line	NOUN
ajfa-3366	116	8	of	of	ADP
ajfa-3366	116	9	business	business	NOUN
ajfa-3366	116	10	are	be	AUX
ajfa-3366	116	11	clearly	clearly	ADV
ajfa-3366	116	12	specified	specify	VERB
ajfa-3366	116	13	irda	irda	NOUN
ajfa-3366	116	14	(	(	PUNCT
ajfa-3366	116	15	assets	asset	NOUN
ajfa-3366	116	16	,	,	PUNCT
ajfa-3366	116	17	liabilities	liability	NOUN
ajfa-3366	116	18	,	,	PUNCT
ajfa-3366	116	19	and	and	CCONJ
ajfa-3366	116	20	solvency	solvency	NOUN
ajfa-3366	116	21	margin	margin	NOUN
ajfa-3366	116	22	of	of	ADP
ajfa-3366	116	23	insurers	insurer	NOUN
ajfa-3366	116	24	)	)	PUNCT
ajfa-3366	116	25	regulations	regulation	NOUN
ajfa-3366	116	26	,	,	PUNCT
ajfa-3366	116	27	2000	2000	NUM
ajfa-3366	116	28	.	.	PUNCT
ajfa-3366	117	1	these	these	DET
ajfa-3366	117	2	regulatory	regulatory	ADJ
ajfa-3366	117	3	guidelines	guideline	NOUN
ajfa-3366	117	4	are	be	AUX
ajfa-3366	117	5	helpful	helpful	ADJ
ajfa-3366	117	6	in	in	ADP
ajfa-3366	117	7	finding	find	VERB
ajfa-3366	117	8	out	out	ADP
ajfa-3366	117	9	the	the	DET
ajfa-3366	117	10	‘	'	PUNCT
ajfa-3366	117	11	solvency	solvency	NOUN
ajfa-3366	117	12	ratio	ratio	NOUN
ajfa-3366	117	13	’	'	PUNCT
ajfa-3366	118	1	[	[	X
ajfa-3366	118	2	the	the	DET
ajfa-3366	118	3	ratio	ratio	NOUN
ajfa-3366	118	4	of	of	ADP
ajfa-3366	118	5	the	the	DET
ajfa-3366	118	6	total	total	ADJ
ajfa-3366	118	7	amount	amount	NOUN
ajfa-3366	118	8	of	of	ADP
ajfa-3366	118	9	available	available	ADJ
ajfa-3366	118	10	solvency	solvency	NOUN
ajfa-3366	118	11	margin	margin	NOUN
ajfa-3366	118	12	(	(	PUNCT
ajfa-3366	118	13	asm	asm	NOUN
ajfa-3366	118	14	)	)	PUNCT
ajfa-3366	118	15	to	to	ADP
ajfa-3366	118	16	the	the	DET
ajfa-3366	118	17	total	total	ADJ
ajfa-3366	118	18	amount	amount	NOUN
ajfa-3366	118	19	of	of	ADP
ajfa-3366	118	20	required	require	VERB
ajfa-3366	118	21	solvency	solvency	NOUN
ajfa-3366	118	22	margin	margin	NOUN
ajfa-3366	118	23	(	(	PUNCT
ajfa-3366	118	24	rsm	rsm	NOUN
ajfa-3366	118	25	)	)	PUNCT
ajfa-3366	118	26	]	]	PUNCT
ajfa-3366	118	27	at	at	ADP
ajfa-3366	118	28	the	the	DET
ajfa-3366	118	29	firm	firm	ADJ
ajfa-3366	118	30	level	level	NOUN
ajfa-3366	118	31	.	.	PUNCT
ajfa-3366	119	1	the	the	DET
ajfa-3366	119	2	determination	determination	NOUN
ajfa-3366	119	3	of	of	ADP
ajfa-3366	119	4	“	"	PUNCT
ajfa-3366	119	5	required	require	VERB
ajfa-3366	119	6	solvency	solvency	NOUN
ajfa-3366	119	7	margin	margin	NOUN
ajfa-3366	119	8	”	"	PUNCT
ajfa-3366	119	9	(	(	PUNCT
ajfa-3366	119	10	rsm	rsm	PROPN
ajfa-3366	119	11	)	)	PUNCT
ajfa-3366	119	12	differs	differ	VERB
ajfa-3366	119	13	from	from	ADP
ajfa-3366	119	14	life	life	NOUN
ajfa-3366	119	15	segment	segment	NOUN
ajfa-3366	119	16	to	to	ADP
ajfa-3366	119	17	non	non	ADJ
ajfa-3366	119	18	-	-	ADJ
ajfa-3366	119	19	life	life	ADJ
ajfa-3366	119	20	segment	segment	NOUN
ajfa-3366	119	21	of	of	ADP
ajfa-3366	119	22	insurance	insurance	NOUN
ajfa-3366	119	23	business	business	NOUN
ajfa-3366	119	24	.	.	PUNCT
ajfa-3366	120	1	again	again	ADV
ajfa-3366	120	2	,	,	PUNCT
ajfa-3366	120	3	depending	depend	VERB
ajfa-3366	120	4	on	on	ADP
ajfa-3366	120	5	the	the	DET
ajfa-3366	120	6	line	line	NOUN
ajfa-3366	120	7	of	of	ADP
ajfa-3366	120	8	business	business	NOUN
ajfa-3366	120	9	the	the	DET
ajfa-3366	120	10	practice	practice	NOUN
ajfa-3366	120	11	of	of	ADP
ajfa-3366	120	12	required	require	VERB
ajfa-3366	120	13	solvency	solvency	NOUN
ajfa-3366	120	14	margin	margin	NOUN
ajfa-3366	120	15	varies	vary	VERB
ajfa-3366	120	16	among	among	ADP
ajfa-3366	120	17	different	different	ADJ
ajfa-3366	120	18	non	non	ADJ
ajfa-3366	120	19	life	life	NOUN
ajfa-3366	120	20	insurers	insurer	NOUN
ajfa-3366	120	21	.	.	PUNCT
ajfa-3366	121	1	in	in	ADP
ajfa-3366	121	2	addition	addition	NOUN
ajfa-3366	121	3	to	to	ADP
ajfa-3366	121	4	this	this	PRON
ajfa-3366	121	5	,	,	PUNCT
ajfa-3366	121	6	required	require	VERB
ajfa-3366	121	7	solvency	solvency	NOUN
ajfa-3366	121	8	margin	margin	NOUN
ajfa-3366	121	9	of	of	ADP
ajfa-3366	121	10	non	non	ADJ
ajfa-3366	121	11	life	life	NOUN
ajfa-3366	121	12	insurers	insurer	NOUN
ajfa-3366	121	13	is	be	AUX
ajfa-3366	121	14	based	base	VERB
ajfa-3366	121	15	on	on	ADP
ajfa-3366	121	16	either	either	CCONJ
ajfa-3366	121	17	net	net	ADJ
ajfa-3366	121	18	premiums	premium	NOUN
ajfa-3366	121	19	(	(	PUNCT
ajfa-3366	121	20	rsm	rsm	NOUN
ajfa-3366	121	21	-	-	NOUN
ajfa-3366	121	22	np	np	NOUN
ajfa-3366	121	23	)	)	PUNCT
ajfa-3366	121	24	or	or	CCONJ
ajfa-3366	121	25	asian	asian	ADJ
ajfa-3366	121	26	journal	journal	NOUN
ajfa-3366	121	27	of	of	ADP
ajfa-3366	121	28	finance	finance	PROPN
ajfa-3366	121	29	&	&	CCONJ
ajfa-3366	121	30	accounting	accounting	PROPN
ajfa-3366	121	31	issn	issn	PROPN
ajfa-3366	121	32	1946	1946	NUM
ajfa-3366	121	33	-	-	PUNCT
ajfa-3366	121	34	052x	052x	NOUN
ajfa-3366	121	35	2013	2013	NUM
ajfa-3366	121	36	,	,	PUNCT
ajfa-3366	121	37	vol	vol	NOUN
ajfa-3366	121	38	.	.	PROPN
ajfa-3366	121	39	5	5	NUM
ajfa-3366	121	40	,	,	PUNCT
ajfa-3366	121	41	no	no	INTJ
ajfa-3366	121	42	.	.	NOUN
ajfa-3366	121	43	1	1	NUM
ajfa-3366	121	44	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-3366	121	45	313	313	NUM
ajfa-3366	121	46	on	on	ADP
ajfa-3366	121	47	net	net	ADJ
ajfa-3366	121	48	incurred	incur	VERB
ajfa-3366	121	49	claims	claim	NOUN
ajfa-3366	121	50	(	(	PUNCT
ajfa-3366	121	51	rsm	rsm	PROPN
ajfa-3366	121	52	-	-	PUNCT
ajfa-3366	121	53	ic	ic	NOUN
ajfa-3366	121	54	)	)	PUNCT
ajfa-3366	121	55	and	and	CCONJ
ajfa-3366	121	56	ultimately	ultimately	ADV
ajfa-3366	121	57	the	the	DET
ajfa-3366	121	58	required	required	ADJ
ajfa-3366	121	59	solvency	solvency	NOUN
ajfa-3366	121	60	margin	margin	NOUN
ajfa-3366	121	61	shall	shall	AUX
ajfa-3366	121	62	be	be	AUX
ajfa-3366	121	63	the	the	DET
ajfa-3366	121	64	higher	high	ADJ
ajfa-3366	121	65	of	of	ADP
ajfa-3366	121	66	the	the	DET
ajfa-3366	121	67	amounts	amount	NOUN
ajfa-3366	121	68	of	of	ADP
ajfa-3366	121	69	rsm	rsm	PROPN
ajfa-3366	121	70	-	-	PROPN
ajfa-3366	121	71	np	np	NOUN
ajfa-3366	121	72	and	and	CCONJ
ajfa-3366	121	73	rsmic	rsmic	ADJ
ajfa-3366	121	74	.	.	PUNCT
ajfa-3366	122	1	the	the	DET
ajfa-3366	122	2	last	last	ADJ
ajfa-3366	122	3	and	and	CCONJ
ajfa-3366	122	4	final	final	ADJ
ajfa-3366	122	5	step	step	NOUN
ajfa-3366	122	6	towards	towards	ADP
ajfa-3366	122	7	calculation	calculation	NOUN
ajfa-3366	122	8	of	of	ADP
ajfa-3366	122	9	the	the	DET
ajfa-3366	122	10	solvency	solvency	NOUN
ajfa-3366	122	11	ratio	ratio	NOUN
ajfa-3366	122	12	is	be	AUX
ajfa-3366	122	13	to	to	PART
ajfa-3366	122	14	estimate	estimate	VERB
ajfa-3366	122	15	the	the	DET
ajfa-3366	122	16	total	total	ADJ
ajfa-3366	122	17	“	"	PUNCT
ajfa-3366	122	18	available	available	ADJ
ajfa-3366	122	19	solvency	solvency	NOUN
ajfa-3366	122	20	margin	margin	NOUN
ajfa-3366	122	21	”	"	PUNCT
ajfa-3366	122	22	(	(	PUNCT
ajfa-3366	122	23	asm	asm	NOUN
ajfa-3366	122	24	)	)	PUNCT
ajfa-3366	122	25	.	.	PUNCT
ajfa-3366	123	1	the	the	DET
ajfa-3366	123	2	calculation	calculation	NOUN
ajfa-3366	123	3	of	of	ADP
ajfa-3366	123	4	both	both	DET
ajfa-3366	123	5	asm	asm	NOUN
ajfa-3366	123	6	and	and	CCONJ
ajfa-3366	123	7	rsm	rsm	PROPN
ajfa-3366	123	8	also	also	ADV
ajfa-3366	123	9	depends	depend	VERB
ajfa-3366	123	10	on	on	ADP
ajfa-3366	123	11	the	the	DET
ajfa-3366	123	12	irda	irda	NOUN
ajfa-3366	123	13	(	(	PUNCT
ajfa-3366	123	14	actuarial	actuarial	ADJ
ajfa-3366	123	15	report	report	NOUN
ajfa-3366	123	16	and	and	CCONJ
ajfa-3366	123	17	abstract	abstract	ADJ
ajfa-3366	123	18	)	)	PUNCT
ajfa-3366	123	19	regulations	regulation	NOUN
ajfa-3366	123	20	,	,	PUNCT
ajfa-3366	123	21	2000	2000	NUM
ajfa-3366	123	22	and	and	CCONJ
ajfa-3366	123	23	it	it	PRON
ajfa-3366	123	24	requires	require	VERB
ajfa-3366	123	25	specific	specific	ADJ
ajfa-3366	123	26	information	information	NOUN
ajfa-3366	123	27	relating	relate	VERB
ajfa-3366	123	28	to	to	ADP
ajfa-3366	123	29	the	the	DET
ajfa-3366	123	30	insurance	insurance	NOUN
ajfa-3366	123	31	business	business	NOUN
ajfa-3366	123	32	.	.	PUNCT
ajfa-3366	124	1	these	these	DET
ajfa-3366	124	2	specific	specific	ADJ
ajfa-3366	124	3	business	business	NOUN
ajfa-3366	124	4	information	information	NOUN
ajfa-3366	124	5	are	be	AUX
ajfa-3366	124	6	neither	neither	ADV
ajfa-3366	124	7	available	available	ADJ
ajfa-3366	124	8	from	from	ADP
ajfa-3366	124	9	annual	annual	ADJ
ajfa-3366	124	10	report	report	NOUN
ajfa-3366	124	11	,	,	PUNCT
ajfa-3366	124	12	nor	nor	CCONJ
ajfa-3366	124	13	does	do	AUX
ajfa-3366	124	14	irda	irda	NOUN
ajfa-3366	124	15	make	make	VERB
ajfa-3366	124	16	public	public	ADJ
ajfa-3366	124	17	its	its	PRON
ajfa-3366	124	18	actuarial	actuarial	ADJ
ajfa-3366	124	19	report	report	NOUN
ajfa-3366	124	20	and	and	CCONJ
ajfa-3366	124	21	abstract	abstract	ADJ
ajfa-3366	124	22	.	.	PUNCT
ajfa-3366	125	1	however	however	ADV
ajfa-3366	125	2	,	,	PUNCT
ajfa-3366	125	3	in	in	ADP
ajfa-3366	125	4	present	present	ADJ
ajfa-3366	125	5	study	study	NOUN
ajfa-3366	125	6	asm	asm	NOUN
ajfa-3366	125	7	has	have	AUX
ajfa-3366	125	8	been	be	AUX
ajfa-3366	125	9	calculated	calculate	VERB
ajfa-3366	125	10	with	with	ADP
ajfa-3366	125	11	the	the	DET
ajfa-3366	125	12	help	help	NOUN
ajfa-3366	125	13	of	of	ADP
ajfa-3366	125	14	financial	financial	ADJ
ajfa-3366	125	15	information	information	NOUN
ajfa-3366	125	16	available	available	ADJ
ajfa-3366	125	17	.	.	PUNCT
ajfa-3366	126	1	in	in	ADP
ajfa-3366	126	2	this	this	DET
ajfa-3366	126	3	context	context	NOUN
ajfa-3366	126	4	,	,	PUNCT
ajfa-3366	126	5	an	an	DET
ajfa-3366	126	6	analysis	analysis	NOUN
ajfa-3366	126	7	of	of	ADP
ajfa-3366	126	8	solvency	solvency	NOUN
ajfa-3366	126	9	ratio	ratio	NOUN
ajfa-3366	126	10	has	have	AUX
ajfa-3366	126	11	been	be	AUX
ajfa-3366	126	12	attempt	attempt	NOUN
ajfa-3366	126	13	by	by	ADP
ajfa-3366	126	14	using	use	VERB
ajfa-3366	126	15	regression	regression	NOUN
ajfa-3366	126	16	analysis	analysis	NOUN
ajfa-3366	126	17	by	by	ADP
ajfa-3366	126	18	taking	take	VERB
ajfa-3366	126	19	the	the	DET
ajfa-3366	126	20	solvency	solvency	NOUN
ajfa-3366	126	21	ratio	ratio	NOUN
ajfa-3366	126	22	as	as	ADP
ajfa-3366	126	23	dependent	dependent	ADJ
ajfa-3366	126	24	variable	variable	NOUN
ajfa-3366	126	25	and	and	CCONJ
ajfa-3366	126	26	various	various	ADJ
ajfa-3366	126	27	factors	factor	NOUN
ajfa-3366	126	28	as	as	SCONJ
ajfa-3366	126	29	identified	identify	VERB
ajfa-3366	126	30	in	in	ADP
ajfa-3366	126	31	various	various	ADJ
ajfa-3366	126	32	research	research	NOUN
ajfa-3366	126	33	studies	study	NOUN
ajfa-3366	126	34	as	as	ADP
ajfa-3366	126	35	independent	independent	ADJ
ajfa-3366	126	36	variables	variable	NOUN
ajfa-3366	126	37	.	.	PUNCT
ajfa-3366	127	1	the	the	DET
ajfa-3366	127	2	independent	independent	ADJ
ajfa-3366	127	3	variables	variable	NOUN
ajfa-3366	127	4	and	and	CCONJ
ajfa-3366	127	5	their	their	PRON
ajfa-3366	127	6	description	description	NOUN
ajfa-3366	127	7	used	use	VERB
ajfa-3366	127	8	for	for	ADP
ajfa-3366	127	9	multiple	multiple	ADJ
ajfa-3366	127	10	regression	regression	NOUN
ajfa-3366	127	11	analysis	analysis	NOUN
ajfa-3366	127	12	in	in	ADP
ajfa-3366	127	13	presented	present	VERB
ajfa-3366	127	14	here	here	ADV
ajfa-3366	127	15	under	under	ADP
ajfa-3366	127	16	:	:	PUNCT
ajfa-3366	127	17	independent	independent	ADJ
ajfa-3366	127	18	variables	variable	NOUN
ajfa-3366	127	19	description	description	NOUN
ajfa-3366	127	20	firm	firm	ADJ
ajfa-3366	127	21	size	size	NOUN
ajfa-3366	127	22	total	total	ADJ
ajfa-3366	127	23	assets	asset	NOUN
ajfa-3366	127	24	to	to	PART
ajfa-3366	127	25	earned	earned	VERB
ajfa-3366	127	26	premiums	premium	NOUN
ajfa-3366	127	27	investment	investment	NOUN
ajfa-3366	127	28	performance	performance	NOUN
ajfa-3366	127	29	investment	investment	NOUN
ajfa-3366	127	30	income	income	NOUN
ajfa-3366	127	31	to	to	PART
ajfa-3366	127	32	earned	earned	VERB
ajfa-3366	127	33	premiums	premium	NOUN
ajfa-3366	127	34	liquidity	liquidity	NOUN
ajfa-3366	127	35	ratio	ratio	NOUN
ajfa-3366	127	36	liquid	liquid	ADJ
ajfa-3366	127	37	assets	asset	NOUN
ajfa-3366	127	38	to	to	ADP
ajfa-3366	127	39	current	current	ADJ
ajfa-3366	127	40	liabilities	liability	NOUN
ajfa-3366	127	41	operating	operate	VERB
ajfa-3366	127	42	margin	margin	NOUN
ajfa-3366	127	43	total	total	ADJ
ajfa-3366	127	44	income	income	NOUN
ajfa-3366	127	45	to	to	ADP
ajfa-3366	127	46	total	total	ADJ
ajfa-3366	127	47	outgo	outgo	NOUN
ajfa-3366	127	48	combined	combine	VERB
ajfa-3366	127	49	ratio	ratio	NOUN
ajfa-3366	127	50	sum	sum	NOUN
ajfa-3366	127	51	of	of	ADP
ajfa-3366	127	52	loss	loss	NOUN
ajfa-3366	127	53	ratio	ratio	NOUN
ajfa-3366	127	54	and	and	CCONJ
ajfa-3366	127	55	expense	expense	NOUN
ajfa-3366	127	56	ratio	ratio	NOUN
ajfa-3366	127	57	(	(	PUNCT
ajfa-3366	127	58	financial	financial	ADJ
ajfa-3366	127	59	basis	basis	NOUN
ajfa-3366	127	60	)	)	PUNCT
ajfa-3366	127	61	claims	claim	VERB
ajfa-3366	127	62	ratio	ratio	NOUN
ajfa-3366	127	63	net	net	ADJ
ajfa-3366	127	64	claims	claim	NOUN
ajfa-3366	127	65	incurred	incur	VERB
ajfa-3366	127	66	to	to	ADP
ajfa-3366	127	67	premiums	premium	NOUN
ajfa-3366	127	68	earned	earn	VERB
ajfa-3366	127	69	underwriting	underwriting	NOUN
ajfa-3366	127	70	profitability	profitability	NOUN
ajfa-3366	127	71	profits	profit	NOUN
ajfa-3366	127	72	from	from	ADP
ajfa-3366	127	73	operations	operation	NOUN
ajfa-3366	127	74	,	,	PUNCT
ajfa-3366	127	75	excluding	exclude	VERB
ajfa-3366	127	76	investment	investment	NOUN
ajfa-3366	127	77	and	and	CCONJ
ajfa-3366	127	78	other	other	ADJ
ajfa-3366	127	79	income	income	NOUN
ajfa-3366	127	80	based	base	VERB
ajfa-3366	127	81	on	on	ADP
ajfa-3366	127	82	the	the	DET
ajfa-3366	127	83	results	result	NOUN
ajfa-3366	127	84	depicted	depict	VERB
ajfa-3366	127	85	in	in	ADP
ajfa-3366	127	86	table	table	NOUN
ajfa-3366	127	87	3	3	NUM
ajfa-3366	127	88	above	above	ADP
ajfa-3366	127	89	it	it	PRON
ajfa-3366	127	90	is	be	AUX
ajfa-3366	127	91	inferred	infer	VERB
ajfa-3366	127	92	that	that	SCONJ
ajfa-3366	127	93	against	against	ADP
ajfa-3366	127	94	expectation	expectation	NOUN
ajfa-3366	127	95	,	,	PUNCT
ajfa-3366	127	96	the	the	DET
ajfa-3366	127	97	non	non	ADJ
ajfa-3366	127	98	-	-	ADJ
ajfa-3366	127	99	life	life	ADJ
ajfa-3366	127	100	insurers	insurer	NOUN
ajfa-3366	127	101	’	'	PUNCT
ajfa-3366	127	102	solvency	solvency	NOUN
ajfa-3366	127	103	is	be	AUX
ajfa-3366	127	104	affected	affect	VERB
ajfa-3366	127	105	by	by	ADP
ajfa-3366	127	106	the	the	DET
ajfa-3366	127	107	firm	firm	ADJ
ajfa-3366	127	108	size	size	NOUN
ajfa-3366	127	109	.	.	PUNCT
ajfa-3366	128	1	several	several	ADJ
ajfa-3366	128	2	factors	factor	NOUN
ajfa-3366	128	3	may	may	AUX
ajfa-3366	128	4	be	be	AUX
ajfa-3366	128	5	responsible	responsible	ADJ
ajfa-3366	128	6	but	but	CCONJ
ajfa-3366	128	7	the	the	DET
ajfa-3366	128	8	most	most	ADV
ajfa-3366	128	9	obvious	obvious	ADJ
ajfa-3366	128	10	one	one	NOUN
ajfa-3366	128	11	seems	seem	VERB
ajfa-3366	128	12	to	to	PART
ajfa-3366	128	13	be	be	AUX
ajfa-3366	128	14	the	the	DET
ajfa-3366	128	15	nature	nature	NOUN
ajfa-3366	128	16	of	of	ADP
ajfa-3366	128	17	business	business	NOUN
ajfa-3366	128	18	done	do	VERB
ajfa-3366	128	19	by	by	ADP
ajfa-3366	128	20	the	the	DET
ajfa-3366	128	21	non	non	ADJ
ajfa-3366	128	22	-	-	ADJ
ajfa-3366	128	23	life	life	ADJ
ajfa-3366	128	24	insurers	insurer	NOUN
ajfa-3366	128	25	.	.	PUNCT
ajfa-3366	129	1	the	the	DET
ajfa-3366	129	2	policyholders	policyholder	NOUN
ajfa-3366	129	3	’	'	PUNCT
ajfa-3366	129	4	liabilities	liability	NOUN
ajfa-3366	129	5	are	be	AUX
ajfa-3366	129	6	borne	bear	VERB
ajfa-3366	129	7	by	by	ADP
ajfa-3366	129	8	the	the	DET
ajfa-3366	129	9	insurer	insurer	NOUN
ajfa-3366	129	10	for	for	ADP
ajfa-3366	129	11	a	a	DET
ajfa-3366	129	12	year	year	NOUN
ajfa-3366	129	13	and	and	CCONJ
ajfa-3366	129	14	hence	hence	ADV
ajfa-3366	129	15	the	the	DET
ajfa-3366	129	16	fund	fund	NOUN
ajfa-3366	129	17	created	create	VERB
ajfa-3366	129	18	will	will	AUX
ajfa-3366	129	19	be	be	AUX
ajfa-3366	129	20	for	for	ADP
ajfa-3366	129	21	a	a	DET
ajfa-3366	129	22	particular	particular	ADJ
ajfa-3366	129	23	financial	financial	ADJ
ajfa-3366	129	24	year	year	NOUN
ajfa-3366	129	25	.	.	PUNCT
ajfa-3366	130	1	unlike	unlike	ADP
ajfa-3366	130	2	life	life	NOUN
ajfa-3366	130	3	insurers	insurer	NOUN
ajfa-3366	130	4	,	,	PUNCT
ajfa-3366	130	5	the	the	DET
ajfa-3366	130	6	non	non	ADJ
ajfa-3366	130	7	-	-	ADJ
ajfa-3366	130	8	life	life	ADJ
ajfa-3366	130	9	insurers	insurer	NOUN
ajfa-3366	130	10	have	have	VERB
ajfa-3366	130	11	no	no	DET
ajfa-3366	130	12	net	net	ADJ
ajfa-3366	130	13	accretion	accretion	NOUN
ajfa-3366	130	14	to	to	ADP
ajfa-3366	130	15	the	the	DET
ajfa-3366	130	16	total	total	ADJ
ajfa-3366	130	17	investible	investible	ADJ
ajfa-3366	130	18	funds	fund	NOUN
ajfa-3366	130	19	each	each	DET
ajfa-3366	130	20	year	year	NOUN
ajfa-3366	130	21	.	.	PUNCT
ajfa-3366	131	1	a	a	DET
ajfa-3366	131	2	typical	typical	ADJ
ajfa-3366	131	3	non	non	ADJ
ajfa-3366	131	4	-	-	ADJ
ajfa-3366	131	5	life	life	ADJ
ajfa-3366	131	6	insurance	insurance	NOUN
ajfa-3366	131	7	policy	policy	NOUN
ajfa-3366	131	8	(	(	PUNCT
ajfa-3366	131	9	say	say	VERB
ajfa-3366	131	10	health	health	NOUN
ajfa-3366	131	11	,	,	PUNCT
ajfa-3366	131	12	motor	motor	NOUN
ajfa-3366	131	13	vehicle	vehicle	NOUN
ajfa-3366	131	14	,	,	PUNCT
ajfa-3366	131	15	etc	etc	X
ajfa-3366	131	16	.	.	X
ajfa-3366	131	17	)	)	PUNCT
ajfa-3366	131	18	expires	expire	VERB
ajfa-3366	131	19	exactly	exactly	ADV
ajfa-3366	131	20	after	after	ADP
ajfa-3366	131	21	a	a	DET
ajfa-3366	131	22	year	year	NOUN
ajfa-3366	131	23	from	from	ADP
ajfa-3366	131	24	the	the	DET
ajfa-3366	131	25	date	date	NOUN
ajfa-3366	131	26	of	of	ADP
ajfa-3366	131	27	purchase/	purchase/	NUM
ajfa-3366	131	28	commencement	commencement	NOUN
ajfa-3366	131	29	.	.	PUNCT
ajfa-3366	132	1	one	one	NUM
ajfa-3366	132	2	of	of	ADP
ajfa-3366	132	3	the	the	DET
ajfa-3366	132	4	predictors	predictor	NOUN
ajfa-3366	132	5	claims	claim	VERB
ajfa-3366	132	6	ratio	ratio	NOUN
ajfa-3366	132	7	suggest	suggest	VERB
ajfa-3366	132	8	that	that	SCONJ
ajfa-3366	132	9	it	it	PRON
ajfa-3366	132	10	has	have	VERB
ajfa-3366	132	11	the	the	DET
ajfa-3366	132	12	expected	expect	VERB
ajfa-3366	132	13	sign	sign	NOUN
ajfa-3366	132	14	and	and	CCONJ
ajfa-3366	132	15	strongly	strongly	ADV
ajfa-3366	132	16	suggests	suggest	VERB
ajfa-3366	132	17	that	that	SCONJ
ajfa-3366	132	18	higher	high	ADJ
ajfa-3366	132	19	claim	claim	NOUN
ajfa-3366	132	20	ratio	ratio	NOUN
ajfa-3366	132	21	has	have	AUX
ajfa-3366	132	22	been	be	AUX
ajfa-3366	132	23	contributing	contribute	VERB
ajfa-3366	132	24	negatively	negatively	ADV
ajfa-3366	132	25	to	to	ADP
ajfa-3366	132	26	overall	overall	ADJ
ajfa-3366	132	27	insurer	insurer	NOUN
ajfa-3366	132	28	solvency	solvency	NOUN
ajfa-3366	132	29	status	status	NOUN
ajfa-3366	132	30	.	.	PUNCT
ajfa-3366	133	1	size	size	NOUN
ajfa-3366	133	2	of	of	ADP
ajfa-3366	133	3	firms	firm	NOUN
ajfa-3366	133	4	,	,	PUNCT
ajfa-3366	133	5	which	which	PRON
ajfa-3366	133	6	is	be	AUX
ajfa-3366	133	7	again	again	ADV
ajfa-3366	133	8	significant	significant	ADJ
ajfa-3366	133	9	,	,	PUNCT
ajfa-3366	133	10	is	be	AUX
ajfa-3366	133	11	also	also	ADV
ajfa-3366	133	12	going	go	VERB
ajfa-3366	133	13	to	to	PART
ajfa-3366	133	14	contribute	contribute	VERB
ajfa-3366	133	15	to	to	ADP
ajfa-3366	133	16	higher	high	ADJ
ajfa-3366	133	17	income	income	NOUN
ajfa-3366	133	18	and	and	CCONJ
ajfa-3366	133	19	hence	hence	ADV
ajfa-3366	133	20	contribute	contribute	VERB
ajfa-3366	133	21	towards	towards	ADP
ajfa-3366	133	22	solvency	solvency	NOUN
ajfa-3366	133	23	.	.	PUNCT
ajfa-3366	134	1	but	but	CCONJ
ajfa-3366	134	2	,	,	PUNCT
ajfa-3366	134	3	the	the	DET
ajfa-3366	134	4	two	two	NUM
ajfa-3366	134	5	predictors	predictor	NOUN
ajfa-3366	134	6	operating	operate	VERB
ajfa-3366	134	7	margin	margin	NOUN
ajfa-3366	134	8	and	and	CCONJ
ajfa-3366	134	9	underwriting	underwriting	NOUN
ajfa-3366	134	10	result	result	NOUN
ajfa-3366	134	11	proxies	proxy	NOUN
ajfa-3366	134	12	by	by	ADP
ajfa-3366	134	13	the	the	DET
ajfa-3366	134	14	combined	combine	VERB
ajfa-3366	134	15	ratio	ratio	NOUN
ajfa-3366	134	16	were	be	AUX
ajfa-3366	134	17	significant	significant	ADJ
ajfa-3366	134	18	but	but	CCONJ
ajfa-3366	134	19	yielded	yield	VERB
ajfa-3366	134	20	unexpected	unexpected	ADJ
ajfa-3366	134	21	relationship	relationship	NOUN
ajfa-3366	134	22	with	with	ADP
ajfa-3366	134	23	solvency	solvency	NOUN
ajfa-3366	134	24	.	.	PUNCT
ajfa-3366	135	1	these	these	DET
ajfa-3366	135	2	results	result	NOUN
ajfa-3366	135	3	may	may	AUX
ajfa-3366	135	4	be	be	AUX
ajfa-3366	135	5	due	due	ADJ
ajfa-3366	135	6	to	to	ADP
ajfa-3366	135	7	the	the	DET
ajfa-3366	135	8	fact	fact	NOUN
ajfa-3366	135	9	that	that	SCONJ
ajfa-3366	135	10	most	most	ADJ
ajfa-3366	135	11	of	of	ADP
ajfa-3366	135	12	the	the	DET
ajfa-3366	135	13	firms	firm	NOUN
ajfa-3366	135	14	are	be	AUX
ajfa-3366	135	15	still	still	ADV
ajfa-3366	135	16	trying	try	VERB
ajfa-3366	135	17	to	to	PART
ajfa-3366	135	18	establish	establish	VERB
ajfa-3366	135	19	themselves	themselves	PRON
ajfa-3366	135	20	in	in	ADP
ajfa-3366	135	21	the	the	DET
ajfa-3366	135	22	industry	industry	NOUN
ajfa-3366	135	23	and	and	CCONJ
ajfa-3366	135	24	initially	initially	ADV
ajfa-3366	135	25	spending	spend	VERB
ajfa-3366	135	26	more	more	ADV
ajfa-3366	135	27	compared	compare	VERB
ajfa-3366	135	28	to	to	ADP
ajfa-3366	135	29	total	total	ADJ
ajfa-3366	135	30	assets	asset	NOUN
ajfa-3366	135	31	,	,	PUNCT
ajfa-3366	135	32	income	income	NOUN
ajfa-3366	135	33	and	and	CCONJ
ajfa-3366	135	34	underwriting	underwriting	NOUN
ajfa-3366	135	35	profits	profit	NOUN
ajfa-3366	135	36	.	.	PUNCT
ajfa-3366	136	1	asian	asian	ADJ
ajfa-3366	136	2	journal	journal	PROPN
ajfa-3366	136	3	of	of	ADP
ajfa-3366	136	4	finance	finance	PROPN
ajfa-3366	136	5	&	&	CCONJ
ajfa-3366	136	6	accounting	accounting	PROPN
ajfa-3366	136	7	issn	issn	PROPN
ajfa-3366	136	8	1946	1946	NUM
ajfa-3366	136	9	-	-	PUNCT
ajfa-3366	136	10	052x	052x	NOUN
ajfa-3366	136	11	2013	2013	NUM
ajfa-3366	136	12	,	,	PUNCT
ajfa-3366	136	13	vol	vol	NOUN
ajfa-3366	136	14	.	.	PROPN
ajfa-3366	136	15	5	5	NUM
ajfa-3366	136	16	,	,	PUNCT
ajfa-3366	136	17	no	no	INTJ
ajfa-3366	136	18	.	.	NOUN
ajfa-3366	136	19	1	1	NUM
ajfa-3366	136	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	136	21	314	314	NUM
ajfa-3366	136	22	table	table	NOUN
ajfa-3366	136	23	3	3	NUM
ajfa-3366	136	24	.	.	PUNCT
ajfa-3366	136	25	results	result	NOUN
ajfa-3366	136	26	of	of	ADP
ajfa-3366	136	27	multiple	multiple	ADJ
ajfa-3366	136	28	regression	regression	NOUN
ajfa-3366	136	29	analysis	analysis	NOUN
ajfa-3366	136	30	for	for	ADP
ajfa-3366	136	31	solvency	solvency	NOUN
ajfa-3366	136	32	margin	margin	NOUN
ajfa-3366	136	33	of	of	ADP
ajfa-3366	136	34	non	non	ADJ
ajfa-3366	136	35	life	life	NOUN
ajfa-3366	136	36	insurance	insurance	NOUN
ajfa-3366	136	37	industry	industry	NOUN
ajfa-3366	136	38	model	model	NOUN
ajfa-3366	136	39	un	un	ADJ
ajfa-3366	136	40	-	-	ADJ
ajfa-3366	136	41	standardized	standardized	ADJ
ajfa-3366	136	42	coefficients	coefficient	NOUN
ajfa-3366	136	43	std	std	NOUN
ajfa-3366	136	44	error	error	NOUN
ajfa-3366	136	45	t	t	NOUN
ajfa-3366	136	46	p	p	X
ajfa-3366	136	47	>	>	X
ajfa-3366	136	48	t	t	PROPN
ajfa-3366	136	49	beta	beta	PROPN
ajfa-3366	136	50	y	y	PROPN
ajfa-3366	136	51	-	-	PUNCT
ajfa-3366	136	52	intercept	intercept	VERB
ajfa-3366	136	53	3.6321	3.6321	NUM
ajfa-3366	136	54	0.6918	0.6918	NUM
ajfa-3366	136	55	5.25025	5.25025	NUM
ajfa-3366	136	56	<	<	NOUN
ajfa-3366	136	57	0.0001	0.0001	NUM
ajfa-3366	136	58	market	market	NOUN
ajfa-3366	136	59	share	share	NOUN
ajfa-3366	136	60	0.02643	0.02643	NUM
ajfa-3366	136	61	0.02045	0.02045	NUM
ajfa-3366	136	62	1.29249	1.29249	NUM
ajfa-3366	136	63	0.20201	0.20201	NUM
ajfa-3366	136	64	operating	operate	VERB
ajfa-3366	136	65	margin	margin	NOUN
ajfa-3366	136	66	-0.0377	-0.0377	NOUN
ajfa-3366	136	67	0.01288	0.01288	NUM
ajfa-3366	136	68	-2.92582	-2.92582	NOUN
ajfa-3366	136	69	0.00512	0.00512	NUM
ajfa-3366	136	70	firm	firm	ADJ
ajfa-3366	136	71	size	size	NOUN
ajfa-3366	136	72	0.00711	0.00711	NUM
ajfa-3366	136	73	*	*	SYM
ajfa-3366	136	74	0.00115	0.00115	NUM
ajfa-3366	136	75	6.18232	6.18232	NUM
ajfa-3366	136	76	<	<	SYM
ajfa-3366	136	77	0.0001	0.0001	NUM
ajfa-3366	136	78	investment	investment	NOUN
ajfa-3366	136	79	income	income	NOUN
ajfa-3366	136	80	-0.01189	-0.01189	NOUN
ajfa-3366	136	81	0.01641	0.01641	NUM
ajfa-3366	136	82	-0.72417	-0.72417	NOUN
ajfa-3366	137	1	0.47227	0.47227	NUM
ajfa-3366	137	2	liquidity	liquidity	NOUN
ajfa-3366	137	3	0.00547	0.00547	NUM
ajfa-3366	137	4	0.00519	0.00519	NUM
ajfa-3366	137	5	1.05453	1.05453	NUM
ajfa-3366	137	6	0.29661	0.29661	NUM
ajfa-3366	137	7	combined	combine	VERB
ajfa-3366	137	8	ratio	ratio	NOUN
ajfa-3366	137	9	0.00563	0.00563	NUM
ajfa-3366	137	10	0.00241	0.00241	NUM
ajfa-3366	137	11	2.3403	2.3403	NUM
ajfa-3366	137	12	0.02322	0.02322	NUM
ajfa-3366	137	13	claims	claim	NOUN
ajfa-3366	137	14	ratio	ratio	NOUN
ajfa-3366	137	15	-0.06466	-0.06466	PROPN
ajfa-3366	137	16	*	*	PROPN
ajfa-3366	137	17	0.01461	0.01461	NUM
ajfa-3366	137	18	-4.42486	-4.42486	NOUN
ajfa-3366	138	1	<	<	X
ajfa-3366	138	2	0.0001	0.0001	NUM
ajfa-3366	138	3	underwriting	underwriting	NOUN
ajfa-3366	138	4	performance	performance	NOUN
ajfa-3366	138	5	7.84811e-8	7.84811e-8	NUM
ajfa-3366	138	6	4.21582e-6	4.21582e-6	NUM
ajfa-3366	138	7	0.01862	0.01862	NUM
ajfa-3366	138	8	0.98522	0.98522	NUM
ajfa-3366	138	9	r	r	NOUN
ajfa-3366	138	10	square	square	ADJ
ajfa-3366	138	11	adjusted	adjust	VERB
ajfa-3366	138	12	r	r	NOUN
ajfa-3366	138	13	square	square	NOUN
ajfa-3366	138	14	0.61658	0.61658	NUM
ajfa-3366	138	15	0.55643	0.55643	NUM
ajfa-3366	138	16	observations	observation	NOUN
ajfa-3366	138	17	60	60	NUM
ajfa-3366	138	18	*	*	PUNCT
ajfa-3366	138	19	at	at	ADP
ajfa-3366	138	20	1	1	NUM
ajfa-3366	138	21	percent	percent	NOUN
ajfa-3366	138	22	level	level	NOUN
ajfa-3366	138	23	of	of	ADP
ajfa-3366	138	24	significance	significance	NOUN
ajfa-3366	138	25	conclusion	conclusion	NOUN
ajfa-3366	138	26	the	the	DET
ajfa-3366	138	27	analysis	analysis	NOUN
ajfa-3366	138	28	of	of	ADP
ajfa-3366	138	29	solvency	solvency	NOUN
ajfa-3366	138	30	margins	margin	NOUN
ajfa-3366	138	31	highlights	highlight	VERB
ajfa-3366	138	32	the	the	DET
ajfa-3366	138	33	upper	upper	ADJ
ajfa-3366	138	34	hand	hand	NOUN
ajfa-3366	138	35	of	of	ADP
ajfa-3366	138	36	public	public	ADJ
ajfa-3366	138	37	insurers	insurer	NOUN
ajfa-3366	138	38	over	over	ADP
ajfa-3366	138	39	the	the	DET
ajfa-3366	138	40	private	private	ADJ
ajfa-3366	138	41	insurers	insurer	NOUN
ajfa-3366	138	42	as	as	ADP
ajfa-3366	138	43	isi	isi	PROPN
ajfa-3366	138	44	standard	standard	NOUN
ajfa-3366	138	45	,	,	PUNCT
ajfa-3366	138	46	the	the	DET
ajfa-3366	138	47	status	status	NOUN
ajfa-3366	138	48	if	if	SCONJ
ajfa-3366	138	49	monitored	monitor	VERB
ajfa-3366	138	50	closely	closely	ADV
ajfa-3366	138	51	reflects	reflect	VERB
ajfa-3366	138	52	that	that	SCONJ
ajfa-3366	138	53	the	the	DET
ajfa-3366	138	54	reserves	reserve	NOUN
ajfa-3366	138	55	built	build	VERB
ajfa-3366	138	56	in	in	ADP
ajfa-3366	138	57	pre	pre	ADJ
ajfa-3366	138	58	-	-	ADJ
ajfa-3366	138	59	liberalization	liberalization	ADJ
ajfa-3366	138	60	era	era	NOUN
ajfa-3366	138	61	has	have	AUX
ajfa-3366	138	62	helped	help	VERB
ajfa-3366	138	63	the	the	DET
ajfa-3366	138	64	sector	sector	NOUN
ajfa-3366	138	65	to	to	PART
ajfa-3366	138	66	reflect	reflect	VERB
ajfa-3366	138	67	comparatively	comparatively	ADV
ajfa-3366	138	68	good	good	ADJ
ajfa-3366	138	69	financial	financial	ADJ
ajfa-3366	138	70	strength	strength	NOUN
ajfa-3366	138	71	.	.	PUNCT
ajfa-3366	139	1	however	however	ADV
ajfa-3366	139	2	,	,	PUNCT
ajfa-3366	139	3	since	since	SCONJ
ajfa-3366	139	4	the	the	DET
ajfa-3366	139	5	study	study	NOUN
ajfa-3366	139	6	is	be	AUX
ajfa-3366	139	7	not	not	PART
ajfa-3366	139	8	aimed	aim	VERB
ajfa-3366	139	9	at	at	ADP
ajfa-3366	139	10	comparative	comparative	ADJ
ajfa-3366	139	11	analysis	analysis	NOUN
ajfa-3366	139	12	of	of	ADP
ajfa-3366	139	13	the	the	DET
ajfa-3366	139	14	two	two	NUM
ajfa-3366	139	15	sectors	sector	NOUN
ajfa-3366	139	16	,	,	PUNCT
ajfa-3366	139	17	the	the	DET
ajfa-3366	139	18	analysis	analysis	NOUN
ajfa-3366	139	19	reveals	reveal	VERB
ajfa-3366	139	20	that	that	SCONJ
ajfa-3366	139	21	irda	irda	NOUN
ajfa-3366	139	22	in	in	ADP
ajfa-3366	139	23	general	general	ADJ
ajfa-3366	139	24	and	and	CCONJ
ajfa-3366	139	25	individual	individual	ADJ
ajfa-3366	139	26	companies	company	NOUN
ajfa-3366	139	27	in	in	ADP
ajfa-3366	139	28	particular	particular	ADJ
ajfa-3366	139	29	need	need	VERB
ajfa-3366	139	30	to	to	PART
ajfa-3366	139	31	redesign	redesign	VERB
ajfa-3366	139	32	their	their	PRON
ajfa-3366	139	33	underwriting	underwriting	NOUN
ajfa-3366	139	34	policy	policy	NOUN
ajfa-3366	139	35	,	,	PUNCT
ajfa-3366	139	36	which	which	PRON
ajfa-3366	139	37	should	should	AUX
ajfa-3366	139	38	be	be	AUX
ajfa-3366	139	39	aimed	aim	VERB
ajfa-3366	139	40	at	at	ADP
ajfa-3366	139	41	competitive	competitive	ADJ
ajfa-3366	139	42	and	and	CCONJ
ajfa-3366	139	43	profitable	profitable	ADJ
ajfa-3366	139	44	business	business	NOUN
ajfa-3366	139	45	.	.	PUNCT
ajfa-3366	140	1	the	the	DET
ajfa-3366	140	2	practice	practice	NOUN
ajfa-3366	140	3	of	of	ADP
ajfa-3366	140	4	subsidizing	subsidize	VERB
ajfa-3366	140	5	of	of	ADP
ajfa-3366	140	6	investment	investment	NOUN
ajfa-3366	140	7	income	income	NOUN
ajfa-3366	140	8	to	to	PART
ajfa-3366	140	9	meet	meet	VERB
ajfa-3366	140	10	underwriting	underwriting	NOUN
ajfa-3366	140	11	losses	loss	NOUN
ajfa-3366	140	12	,	,	PUNCT
ajfa-3366	140	13	which	which	PRON
ajfa-3366	140	14	is	be	AUX
ajfa-3366	140	15	in	in	ADP
ajfa-3366	140	16	practice	practice	NOUN
ajfa-3366	140	17	in	in	ADP
ajfa-3366	140	18	full	full	ADJ
ajfa-3366	140	19	force	force	NOUN
ajfa-3366	140	20	should	should	AUX
ajfa-3366	140	21	be	be	AUX
ajfa-3366	140	22	redesigned	redesign	VERB
ajfa-3366	140	23	to	to	PART
ajfa-3366	140	24	exclude	exclude	VERB
ajfa-3366	140	25	investment	investment	NOUN
ajfa-3366	140	26	side	side	NOUN
ajfa-3366	140	27	from	from	ADP
ajfa-3366	140	28	corporate	corporate	ADJ
ajfa-3366	140	29	functioning	functioning	NOUN
ajfa-3366	140	30	.	.	PUNCT
ajfa-3366	141	1	the	the	DET
ajfa-3366	141	2	benchmark	benchmark	NOUN
ajfa-3366	141	3	be	be	AUX
ajfa-3366	141	4	made	make	VERB
ajfa-3366	141	5	,	,	PUNCT
ajfa-3366	141	6	reflecting	reflect	VERB
ajfa-3366	141	7	only	only	ADJ
ajfa-3366	141	8	operational	operational	ADJ
ajfa-3366	141	9	performance	performance	NOUN
ajfa-3366	141	10	,	,	PUNCT
ajfa-3366	141	11	which	which	PRON
ajfa-3366	141	12	in	in	ADP
ajfa-3366	141	13	the	the	DET
ajfa-3366	141	14	long	long	ADJ
ajfa-3366	141	15	run	run	NOUN
ajfa-3366	141	16	should	should	AUX
ajfa-3366	141	17	aim	aim	VERB
ajfa-3366	141	18	at	at	ADP
ajfa-3366	141	19	profitable	profitable	ADJ
ajfa-3366	141	20	underwriting	underwriting	NOUN
ajfa-3366	141	21	of	of	ADP
ajfa-3366	141	22	the	the	DET
ajfa-3366	141	23	insurance	insurance	NOUN
ajfa-3366	141	24	companies	company	NOUN
ajfa-3366	141	25	.	.	PUNCT
ajfa-3366	142	1	the	the	DET
ajfa-3366	142	2	use	use	NOUN
ajfa-3366	142	3	of	of	ADP
ajfa-3366	142	4	financial	financial	ADJ
ajfa-3366	142	5	ratios	ratio	NOUN
ajfa-3366	142	6	and	and	CCONJ
ajfa-3366	142	7	multiple	multiple	ADJ
ajfa-3366	142	8	regression	regression	NOUN
ajfa-3366	142	9	to	to	PART
ajfa-3366	142	10	see	see	VERB
ajfa-3366	142	11	the	the	DET
ajfa-3366	142	12	impact	impact	NOUN
ajfa-3366	142	13	of	of	ADP
ajfa-3366	142	14	increasing	increase	VERB
ajfa-3366	142	15	financial	financial	ADJ
ajfa-3366	142	16	performance	performance	NOUN
ajfa-3366	142	17	on	on	ADP
ajfa-3366	142	18	insurers	insurer	NOUN
ajfa-3366	142	19	’	'	PUNCT
ajfa-3366	142	20	solvency	solvency	NOUN
ajfa-3366	142	21	does	do	AUX
ajfa-3366	142	22	not	not	PART
ajfa-3366	142	23	support	support	VERB
ajfa-3366	142	24	the	the	DET
ajfa-3366	142	25	fact	fact	NOUN
ajfa-3366	142	26	that	that	SCONJ
ajfa-3366	142	27	there	there	PRON
ajfa-3366	142	28	is	be	VERB
ajfa-3366	142	29	negative	negative	ADJ
ajfa-3366	142	30	impact	impact	NOUN
ajfa-3366	142	31	on	on	ADP
ajfa-3366	142	32	the	the	DET
ajfa-3366	142	33	non	non	ADJ
ajfa-3366	142	34	-	-	ADJ
ajfa-3366	142	35	life	life	ADJ
ajfa-3366	142	36	segments	segment	NOUN
ajfa-3366	142	37	of	of	ADP
ajfa-3366	142	38	the	the	DET
ajfa-3366	142	39	insurance	insurance	NOUN
ajfa-3366	142	40	industry	industry	NOUN
ajfa-3366	142	41	.	.	PUNCT
ajfa-3366	143	1	based	base	VERB
ajfa-3366	143	2	on	on	ADP
ajfa-3366	143	3	their	their	PRON
ajfa-3366	143	4	financial	financial	ADJ
ajfa-3366	143	5	performances	performance	NOUN
ajfa-3366	143	6	,	,	PUNCT
ajfa-3366	143	7	it	it	PRON
ajfa-3366	143	8	seems	seem	VERB
ajfa-3366	143	9	each	each	DET
ajfa-3366	143	10	player	player	NOUN
ajfa-3366	143	11	in	in	ADP
ajfa-3366	143	12	the	the	DET
ajfa-3366	143	13	market	market	NOUN
ajfa-3366	143	14	is	be	AUX
ajfa-3366	143	15	contended	contend	VERB
ajfa-3366	143	16	or	or	CCONJ
ajfa-3366	143	17	they	they	PRON
ajfa-3366	143	18	are	be	AUX
ajfa-3366	143	19	together	together	ADV
ajfa-3366	143	20	improving	improve	VERB
ajfa-3366	143	21	their	their	PRON
ajfa-3366	143	22	ratios	ratio	NOUN
ajfa-3366	143	23	and	and	CCONJ
ajfa-3366	143	24	hence	hence	ADV
ajfa-3366	143	25	there	there	PRON
ajfa-3366	143	26	is	be	VERB
ajfa-3366	143	27	no	no	DET
ajfa-3366	143	28	significant	significant	ADJ
ajfa-3366	143	29	shift	shift	NOUN
ajfa-3366	143	30	observed	observe	VERB
ajfa-3366	143	31	to	to	PART
ajfa-3366	143	32	strengthen	strengthen	VERB
ajfa-3366	143	33	the	the	DET
ajfa-3366	143	34	hypothesis	hypothesis	NOUN
ajfa-3366	143	35	.	.	PUNCT
ajfa-3366	144	1	however	however	ADV
ajfa-3366	144	2	,	,	PUNCT
ajfa-3366	144	3	as	as	SCONJ
ajfa-3366	144	4	ratios	ratio	NOUN
ajfa-3366	144	5	are	be	AUX
ajfa-3366	144	6	important	important	ADJ
ajfa-3366	144	7	for	for	ADP
ajfa-3366	144	8	future	future	ADJ
ajfa-3366	144	9	sustainability	sustainability	NOUN
ajfa-3366	144	10	,	,	PUNCT
ajfa-3366	144	11	firm	firm	ADJ
ajfa-3366	144	12	size	size	NOUN
ajfa-3366	144	13	was	be	AUX
ajfa-3366	144	14	observed	observe	VERB
ajfa-3366	144	15	most	most	ADV
ajfa-3366	144	16	significant	significant	ADJ
ajfa-3366	144	17	variable	variable	NOUN
ajfa-3366	144	18	,	,	PUNCT
ajfa-3366	144	19	having	have	VERB
ajfa-3366	144	20	impact	impact	NOUN
ajfa-3366	144	21	on	on	ADP
ajfa-3366	144	22	solvency	solvency	NOUN
ajfa-3366	144	23	margin	margin	NOUN
ajfa-3366	144	24	.	.	PUNCT
ajfa-3366	145	1	indian	indian	ADJ
ajfa-3366	145	2	insurance	insurance	NOUN
ajfa-3366	145	3	industry	industry	NOUN
ajfa-3366	145	4	is	be	AUX
ajfa-3366	145	5	growing	grow	VERB
ajfa-3366	145	6	and	and	CCONJ
ajfa-3366	145	7	the	the	DET
ajfa-3366	145	8	first	first	ADJ
ajfa-3366	145	9	job	job	NOUN
ajfa-3366	145	10	assigned	assign	VERB
ajfa-3366	145	11	to	to	ADP
ajfa-3366	145	12	irda	irda	PROPN
ajfa-3366	145	13	is	be	AUX
ajfa-3366	145	14	to	to	PART
ajfa-3366	145	15	regulate	regulate	VERB
ajfa-3366	145	16	and	and	CCONJ
ajfa-3366	145	17	protect	protect	VERB
ajfa-3366	145	18	policyholder	policyholder	NOUN
ajfa-3366	145	19	’s	’s	PART
ajfa-3366	145	20	interest	interest	NOUN
ajfa-3366	145	21	and	and	CCONJ
ajfa-3366	145	22	then	then	ADV
ajfa-3366	145	23	help	help	VERB
ajfa-3366	145	24	the	the	DET
ajfa-3366	145	25	development	development	NOUN
ajfa-3366	145	26	and	and	CCONJ
ajfa-3366	145	27	growth	growth	NOUN
ajfa-3366	145	28	of	of	ADP
ajfa-3366	145	29	asian	asian	ADJ
ajfa-3366	145	30	journal	journal	NOUN
ajfa-3366	145	31	of	of	ADP
ajfa-3366	145	32	finance	finance	PROPN
ajfa-3366	145	33	&	&	CCONJ
ajfa-3366	145	34	accounting	accounting	PROPN
ajfa-3366	145	35	issn	issn	PROPN
ajfa-3366	145	36	1946	1946	NUM
ajfa-3366	145	37	-	-	PUNCT
ajfa-3366	145	38	052x	052x	NOUN
ajfa-3366	145	39	2013	2013	NUM
ajfa-3366	145	40	,	,	PUNCT
ajfa-3366	145	41	vol	vol	NOUN
ajfa-3366	145	42	.	.	PROPN
ajfa-3366	145	43	5	5	NUM
ajfa-3366	145	44	,	,	PUNCT
ajfa-3366	145	45	no	no	INTJ
ajfa-3366	145	46	.	.	NOUN
ajfa-3366	145	47	1	1	NUM
ajfa-3366	145	48	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	145	49	315	315	NUM
ajfa-3366	145	50	the	the	DET
ajfa-3366	145	51	industry	industry	NOUN
ajfa-3366	145	52	.	.	PUNCT
ajfa-3366	146	1	till	till	SCONJ
ajfa-3366	146	2	1999	1999	NUM
ajfa-3366	146	3	,	,	PUNCT
ajfa-3366	146	4	most	most	ADJ
ajfa-3366	146	5	of	of	ADP
ajfa-3366	146	6	the	the	DET
ajfa-3366	146	7	reserves	reserve	NOUN
ajfa-3366	146	8	of	of	ADP
ajfa-3366	146	9	the	the	DET
ajfa-3366	146	10	public	public	ADJ
ajfa-3366	146	11	insurers	insurer	NOUN
ajfa-3366	146	12	were	be	AUX
ajfa-3366	146	13	in	in	ADP
ajfa-3366	146	14	the	the	DET
ajfa-3366	146	15	form	form	NOUN
ajfa-3366	146	16	of	of	ADP
ajfa-3366	146	17	central	central	ADJ
ajfa-3366	146	18	govt	govt	NOUN
ajfa-3366	146	19	.	.	PUNCT
ajfa-3366	147	1	and	and	CCONJ
ajfa-3366	147	2	state	state	NOUN
ajfa-3366	147	3	govt	govt	NOUN
ajfa-3366	147	4	.	.	PUNCT
ajfa-3366	148	1	bonds	bond	NOUN
ajfa-3366	148	2	and	and	CCONJ
ajfa-3366	148	3	securities	security	NOUN
ajfa-3366	148	4	.	.	PUNCT
ajfa-3366	149	1	most	most	ADJ
ajfa-3366	149	2	of	of	ADP
ajfa-3366	149	3	their	their	PRON
ajfa-3366	149	4	assets	asset	NOUN
ajfa-3366	149	5	were	be	AUX
ajfa-3366	149	6	secured	secure	VERB
ajfa-3366	149	7	and	and	CCONJ
ajfa-3366	149	8	guaranteed	guarantee	VERB
ajfa-3366	149	9	by	by	ADP
ajfa-3366	149	10	the	the	DET
ajfa-3366	149	11	govt	govt	NOUN
ajfa-3366	149	12	.	.	PUNCT
ajfa-3366	150	1	after	after	ADP
ajfa-3366	150	2	liberalization	liberalization	NOUN
ajfa-3366	150	3	also	also	ADV
ajfa-3366	150	4	more	more	ADJ
ajfa-3366	150	5	than	than	ADP
ajfa-3366	150	6	50	50	NUM
ajfa-3366	150	7	percent	percent	NOUN
ajfa-3366	150	8	of	of	ADP
ajfa-3366	150	9	such	such	ADJ
ajfa-3366	150	10	investments	investment	NOUN
ajfa-3366	150	11	in	in	ADP
ajfa-3366	150	12	securities	security	NOUN
ajfa-3366	150	13	and	and	CCONJ
ajfa-3366	150	14	bonds	bond	NOUN
ajfa-3366	150	15	were	be	AUX
ajfa-3366	150	16	with	with	ADP
ajfa-3366	150	17	the	the	DET
ajfa-3366	150	18	govt	govt	NOUN
ajfa-3366	150	19	.	.	PUNCT
ajfa-3366	151	1	if	if	SCONJ
ajfa-3366	151	2	short	short	ADJ
ajfa-3366	151	3	run	run	NOUN
ajfa-3366	151	4	solvency	solvency	NOUN
ajfa-3366	151	5	is	be	AUX
ajfa-3366	151	6	heavily	heavily	ADV
ajfa-3366	151	7	dependent	dependent	ADJ
ajfa-3366	151	8	on	on	ADP
ajfa-3366	151	9	the	the	DET
ajfa-3366	151	10	size	size	NOUN
ajfa-3366	151	11	of	of	ADP
ajfa-3366	151	12	the	the	DET
ajfa-3366	151	13	insurers	insurer	NOUN
ajfa-3366	151	14	and	and	CCONJ
ajfa-3366	151	15	the	the	DET
ajfa-3366	151	16	growing	grow	VERB
ajfa-3366	151	17	loss	loss	NOUN
ajfa-3366	151	18	ratio	ratio	NOUN
ajfa-3366	151	19	,	,	PUNCT
ajfa-3366	151	20	it	it	PRON
ajfa-3366	151	21	is	be	AUX
ajfa-3366	151	22	time	time	NOUN
ajfa-3366	151	23	for	for	SCONJ
ajfa-3366	151	24	the	the	DET
ajfa-3366	151	25	insurers	insurer	NOUN
ajfa-3366	151	26	to	to	PART
ajfa-3366	151	27	re	re	VERB
ajfa-3366	151	28	-	-	VERB
ajfa-3366	151	29	think	think	VERB
ajfa-3366	151	30	and	and	CCONJ
ajfa-3366	151	31	devise	devise	VERB
ajfa-3366	151	32	the	the	DET
ajfa-3366	151	33	underwriting	underwriting	NOUN
ajfa-3366	151	34	policy	policy	NOUN
ajfa-3366	151	35	to	to	PART
ajfa-3366	151	36	embrace	embrace	VERB
ajfa-3366	151	37	the	the	DET
ajfa-3366	151	38	risks	risk	NOUN
ajfa-3366	151	39	associated	associate	VERB
ajfa-3366	151	40	and	and	CCONJ
ajfa-3366	151	41	price	price	VERB
ajfa-3366	151	42	the	the	DET
ajfa-3366	151	43	products	product	NOUN
ajfa-3366	151	44	accordingly	accordingly	ADV
ajfa-3366	151	45	with	with	ADP
ajfa-3366	151	46	stressing	stress	VERB
ajfa-3366	151	47	profitable	profitable	ADJ
ajfa-3366	151	48	pricing	pricing	NOUN
ajfa-3366	151	49	.	.	PUNCT
ajfa-3366	152	1	any	any	DET
ajfa-3366	152	2	relaxation	relaxation	NOUN
ajfa-3366	152	3	on	on	ADP
ajfa-3366	152	4	this	this	DET
ajfa-3366	152	5	ground	ground	NOUN
ajfa-3366	152	6	might	might	AUX
ajfa-3366	152	7	prove	prove	VERB
ajfa-3366	152	8	to	to	PART
ajfa-3366	152	9	be	be	AUX
ajfa-3366	152	10	costly	costly	ADJ
ajfa-3366	152	11	and	and	CCONJ
ajfa-3366	152	12	in	in	ADP
ajfa-3366	152	13	the	the	DET
ajfa-3366	152	14	future	future	ADJ
ajfa-3366	152	15	sustainability	sustainability	NOUN
ajfa-3366	152	16	may	may	AUX
ajfa-3366	152	17	get	get	AUX
ajfa-3366	152	18	affected	affect	VERB
ajfa-3366	152	19	to	to	ADP
ajfa-3366	152	20	a	a	DET
ajfa-3366	152	21	great	great	ADJ
ajfa-3366	152	22	extent	extent	NOUN
ajfa-3366	152	23	.	.	PUNCT
ajfa-3366	153	1	the	the	DET
ajfa-3366	153	2	significance	significance	NOUN
ajfa-3366	153	3	of	of	ADP
ajfa-3366	153	4	these	these	DET
ajfa-3366	153	5	variables	variable	NOUN
ajfa-3366	153	6	may	may	AUX
ajfa-3366	153	7	help	help	VERB
ajfa-3366	153	8	the	the	DET
ajfa-3366	153	9	regulator	regulator	NOUN
ajfa-3366	153	10	to	to	PART
ajfa-3366	153	11	decide	decide	VERB
ajfa-3366	153	12	whether	whether	SCONJ
ajfa-3366	153	13	or	or	CCONJ
ajfa-3366	153	14	not	not	PART
ajfa-3366	153	15	to	to	PART
ajfa-3366	153	16	give	give	VERB
ajfa-3366	153	17	insurers	insurer	NOUN
ajfa-3366	153	18	enough	enough	ADJ
ajfa-3366	153	19	freedom	freedom	NOUN
ajfa-3366	153	20	to	to	PART
ajfa-3366	153	21	invest	invest	VERB
ajfa-3366	153	22	in	in	ADP
ajfa-3366	153	23	the	the	DET
ajfa-3366	153	24	stock	stock	NOUN
ajfa-3366	153	25	markets	market	NOUN
ajfa-3366	153	26	and	and	CCONJ
ajfa-3366	153	27	other	other	ADJ
ajfa-3366	153	28	investment	investment	NOUN
ajfa-3366	153	29	channels	channel	NOUN
ajfa-3366	153	30	with	with	ADP
ajfa-3366	153	31	attractive	attractive	ADJ
ajfa-3366	153	32	rates	rate	NOUN
ajfa-3366	153	33	of	of	ADP
ajfa-3366	153	34	return	return	NOUN
ajfa-3366	153	35	.	.	PUNCT
ajfa-3366	154	1	from	from	ADP
ajfa-3366	154	2	the	the	DET
ajfa-3366	154	3	statistical	statistical	ADJ
ajfa-3366	154	4	analysis	analysis	NOUN
ajfa-3366	154	5	of	of	ADP
ajfa-3366	154	6	the	the	DET
ajfa-3366	154	7	12	12	NUM
ajfa-3366	154	8	non	non	ADJ
ajfa-3366	154	9	life	life	NOUN
ajfa-3366	154	10	insurance	insurance	NOUN
ajfa-3366	154	11	companies	company	NOUN
ajfa-3366	154	12	it	it	PRON
ajfa-3366	154	13	can	can	AUX
ajfa-3366	154	14	be	be	AUX
ajfa-3366	154	15	concluded	conclude	VERB
ajfa-3366	154	16	that	that	SCONJ
ajfa-3366	154	17	they	they	PRON
ajfa-3366	154	18	have	have	AUX
ajfa-3366	154	19	performed	perform	VERB
ajfa-3366	154	20	successfully	successfully	ADV
ajfa-3366	154	21	in	in	ADP
ajfa-3366	154	22	the	the	DET
ajfa-3366	154	23	grabbing	grab	VERB
ajfa-3366	154	24	the	the	DET
ajfa-3366	154	25	market	market	NOUN
ajfa-3366	154	26	in	in	ADP
ajfa-3366	154	27	deregulated	deregulated	ADJ
ajfa-3366	154	28	environment	environment	NOUN
ajfa-3366	154	29	.	.	PUNCT
ajfa-3366	155	1	the	the	DET
ajfa-3366	155	2	required	require	VERB
ajfa-3366	155	3	solvency	solvency	NOUN
ajfa-3366	155	4	norms	norm	NOUN
ajfa-3366	155	5	have	have	AUX
ajfa-3366	155	6	been	be	AUX
ajfa-3366	155	7	adhered	adhere	VERB
ajfa-3366	155	8	to	to	ADP
ajfa-3366	155	9	,	,	PUNCT
ajfa-3366	155	10	however	however	ADV
ajfa-3366	155	11	,	,	PUNCT
ajfa-3366	155	12	growing	grow	VERB
ajfa-3366	155	13	underwriting	underwriting	NOUN
ajfa-3366	155	14	losses	loss	NOUN
ajfa-3366	155	15	and	and	CCONJ
ajfa-3366	155	16	unsound	unsound	ADJ
ajfa-3366	155	17	product	product	NOUN
ajfa-3366	155	18	pricing	pricing	NOUN
ajfa-3366	155	19	may	may	AUX
ajfa-3366	155	20	not	not	PART
ajfa-3366	155	21	be	be	AUX
ajfa-3366	155	22	a	a	DET
ajfa-3366	155	23	sustainable	sustainable	ADJ
ajfa-3366	155	24	strategy	strategy	NOUN
ajfa-3366	155	25	in	in	ADP
ajfa-3366	155	26	a	a	DET
ajfa-3366	155	27	long	long	ADJ
ajfa-3366	155	28	run	run	NOUN
ajfa-3366	155	29	to	to	PART
ajfa-3366	155	30	acquire	acquire	VERB
ajfa-3366	155	31	market	market	NOUN
ajfa-3366	155	32	share	share	NOUN
ajfa-3366	155	33	.	.	PUNCT
ajfa-3366	156	1	the	the	DET
ajfa-3366	156	2	higher	high	ADJ
ajfa-3366	156	3	claims	claim	NOUN
ajfa-3366	156	4	ratio	ratio	NOUN
ajfa-3366	156	5	,	,	PUNCT
ajfa-3366	156	6	which	which	PRON
ajfa-3366	156	7	is	be	AUX
ajfa-3366	156	8	seen	see	VERB
ajfa-3366	156	9	to	to	PART
ajfa-3366	156	10	have	have	VERB
ajfa-3366	156	11	negative	negative	ADJ
ajfa-3366	156	12	impact	impact	NOUN
ajfa-3366	156	13	on	on	ADP
ajfa-3366	156	14	the	the	DET
ajfa-3366	156	15	solvency	solvency	NOUN
ajfa-3366	156	16	,	,	PUNCT
ajfa-3366	156	17	could	could	AUX
ajfa-3366	156	18	threat	threat	VERB
ajfa-3366	156	19	the	the	DET
ajfa-3366	156	20	solvent	solvent	ADJ
ajfa-3366	156	21	state	state	NOUN
ajfa-3366	156	22	of	of	ADP
ajfa-3366	156	23	the	the	DET
ajfa-3366	156	24	insurers	insurer	NOUN
ajfa-3366	156	25	.	.	PUNCT
ajfa-3366	157	1	need	need	NOUN
ajfa-3366	157	2	of	of	ADP
ajfa-3366	157	3	the	the	DET
ajfa-3366	157	4	hour	hour	NOUN
ajfa-3366	157	5	therefore	therefore	ADV
ajfa-3366	157	6	is	be	AUX
ajfa-3366	157	7	to	to	PART
ajfa-3366	157	8	have	have	VERB
ajfa-3366	157	9	proper	proper	ADJ
ajfa-3366	157	10	product	product	NOUN
ajfa-3366	157	11	pricing	pricing	NOUN
ajfa-3366	157	12	and	and	CCONJ
ajfa-3366	157	13	sound	sound	ADJ
ajfa-3366	157	14	risk	risk	NOUN
ajfa-3366	157	15	management	management	NOUN
ajfa-3366	157	16	practices	practice	NOUN
ajfa-3366	157	17	,	,	PUNCT
ajfa-3366	157	18	reregulation	reregulation	NOUN
ajfa-3366	157	19	of	of	ADP
ajfa-3366	157	20	prices	price	NOUN
ajfa-3366	157	21	and	and	CCONJ
ajfa-3366	157	22	sound	sound	ADJ
ajfa-3366	157	23	reinsurance	reinsurance	NOUN
ajfa-3366	157	24	policy	policy	NOUN
ajfa-3366	157	25	.	.	PUNCT
ajfa-3366	158	1	the	the	DET
ajfa-3366	158	2	onus	onus	NOUN
ajfa-3366	158	3	is	be	AUX
ajfa-3366	158	4	therefore	therefore	ADV
ajfa-3366	158	5	on	on	ADP
ajfa-3366	158	6	the	the	DET
ajfa-3366	158	7	regulator	regulator	NOUN
ajfa-3366	158	8	irda	irda	NOUN
ajfa-3366	158	9	to	to	PART
ajfa-3366	158	10	interfere	interfere	VERB
ajfa-3366	158	11	well	well	ADV
ajfa-3366	158	12	in	in	ADP
ajfa-3366	158	13	time	time	NOUN
ajfa-3366	158	14	to	to	PART
ajfa-3366	158	15	hold	hold	VERB
ajfa-3366	158	16	back	back	ADP
ajfa-3366	158	17	the	the	DET
ajfa-3366	158	18	companies	company	NOUN
ajfa-3366	158	19	from	from	ADP
ajfa-3366	158	20	wastage	wastage	NOUN
ajfa-3366	158	21	of	of	ADP
ajfa-3366	158	22	public	public	ADJ
ajfa-3366	158	23	resources	resource	NOUN
ajfa-3366	158	24	.	.	PUNCT
ajfa-3366	159	1	references	reference	NOUN
ajfa-3366	159	2	barniv	barniv	PROPN
ajfa-3366	159	3	,	,	PUNCT
ajfa-3366	159	4	r.	r.	PROPN
ajfa-3366	159	5	,	,	PUNCT
ajfa-3366	159	6	&	&	CCONJ
ajfa-3366	159	7	hershbarger	hershbarger	PROPN
ajfa-3366	159	8	,	,	PUNCT
ajfa-3366	159	9	r.	r.	PROPN
ajfa-3366	159	10	a.	a.	PROPN
ajfa-3366	159	11	(	(	PUNCT
ajfa-3366	159	12	1990	1990	NUM
ajfa-3366	159	13	)	)	PUNCT
ajfa-3366	159	14	.	.	PUNCT
ajfa-3366	160	1	classifying	classify	VERB
ajfa-3366	160	2	financial	financial	ADJ
ajfa-3366	160	3	distress	distress	NOUN
ajfa-3366	160	4	in	in	ADP
ajfa-3366	160	5	the	the	DET
ajfa-3366	160	6	life	life	NOUN
ajfa-3366	160	7	insurance	insurance	NOUN
ajfa-3366	160	8	industry	industry	NOUN
ajfa-3366	160	9	.	.	PUNCT
ajfa-3366	161	1	journal	journal	NOUN
ajfa-3366	161	2	of	of	ADP
ajfa-3366	161	3	risk	risk	NOUN
ajfa-3366	161	4	and	and	CCONJ
ajfa-3366	161	5	insurance	insurance	NOUN
ajfa-3366	161	6	,	,	PUNCT
ajfa-3366	161	7	57	57	NUM
ajfa-3366	161	8	,	,	PUNCT
ajfa-3366	161	9	110	110	NUM
ajfa-3366	161	10	-	-	SYM
ajfa-3366	161	11	136	136	NUM
ajfa-3366	161	12	.	.	PUNCT
ajfa-3366	162	1	http://dx.doi.org/10.2307/252927	http://dx.doi.org/10.2307/252927	PROPN
ajfa-3366	162	2	brockett	brockett	PROPN
ajfa-3366	162	3	,	,	PUNCT
ajfa-3366	162	4	p.	p.	PROPN
ajfa-3366	162	5	,	,	PUNCT
ajfa-3366	162	6	cooper	cooper	PROPN
ajfa-3366	162	7	,	,	PUNCT
ajfa-3366	162	8	w.	w.	PROPN
ajfa-3366	162	9	,	,	PUNCT
ajfa-3366	162	10	golden	golden	ADJ
ajfa-3366	162	11	,	,	PUNCT
ajfa-3366	162	12	l.	l.	PROPN
ajfa-3366	162	13	l.	l.	PROPN
ajfa-3366	162	14	,	,	PUNCT
ajfa-3366	162	15	&	&	CCONJ
ajfa-3366	162	16	paitaktong	paitaktong	PROPN
ajfa-3366	162	17	,	,	PUNCT
ajfa-3366	162	18	u.	u.	NOUN
ajfa-3366	162	19	(	(	PUNCT
ajfa-3366	162	20	1994	1994	NUM
ajfa-3366	162	21	)	)	PUNCT
ajfa-3366	162	22	.	.	PUNCT
ajfa-3366	163	1	a	a	DET
ajfa-3366	163	2	neutral	neutral	ADJ
ajfa-3366	163	3	network	network	NOUN
ajfa-3366	163	4	method	method	NOUN
ajfa-3366	163	5	for	for	ADP
ajfa-3366	163	6	obtaining	obtain	VERB
ajfa-3366	163	7	and	and	CCONJ
ajfa-3366	163	8	early	early	ADJ
ajfa-3366	163	9	warning	warning	NOUN
ajfa-3366	163	10	of	of	ADP
ajfa-3366	163	11	insurer	insurer	NOUN
ajfa-3366	163	12	insolvency	insolvency	NOUN
ajfa-3366	163	13	.	.	PUNCT
ajfa-3366	164	1	journal	journal	PROPN
ajfa-3366	164	2	of	of	ADP
ajfa-3366	164	3	risk	risk	NOUN
ajfa-3366	164	4	and	and	CCONJ
ajfa-3366	164	5	insurance	insurance	NOUN
ajfa-3366	164	6	,	,	PUNCT
ajfa-3366	164	7	61	61	NUM
ajfa-3366	164	8	,	,	PUNCT
ajfa-3366	164	9	402	402	NUM
ajfa-3366	164	10	-	-	SYM
ajfa-3366	164	11	424	424	NUM
ajfa-3366	164	12	.	.	PUNCT
ajfa-3366	165	1	http://dx.doi.org/10.2307/252927	http://dx.doi.org/10.2307/252927	PROPN
ajfa-3366	165	2	browne	browne	PROPN
ajfa-3366	165	3	,	,	PUNCT
ajfa-3366	165	4	m.	m.	PROPN
ajfa-3366	165	5	j.	j.	PROPN
ajfa-3366	165	6	,	,	PUNCT
ajfa-3366	165	7	&	&	CCONJ
ajfa-3366	165	8	hoyt	hoyt	PROPN
ajfa-3366	165	9	,	,	PUNCT
ajfa-3366	165	10	r.	r.	PROPN
ajfa-3366	165	11	e.	e.	PROPN
ajfa-3366	165	12	(	(	PUNCT
ajfa-3366	165	13	1995	1995	NUM
ajfa-3366	165	14	)	)	PUNCT
ajfa-3366	165	15	.	.	PUNCT
ajfa-3366	166	1	economic	economic	ADJ
ajfa-3366	166	2	and	and	CCONJ
ajfa-3366	166	3	market	market	NOUN
ajfa-3366	166	4	predictors	predictor	NOUN
ajfa-3366	166	5	of	of	ADP
ajfa-3366	166	6	insolvencies	insolvency	NOUN
ajfa-3366	166	7	in	in	ADP
ajfa-3366	166	8	the	the	DET
ajfa-3366	166	9	property	property	NOUN
ajfa-3366	166	10	-	-	PUNCT
ajfa-3366	166	11	liabilty	liabilty	NOUN
ajfa-3366	166	12	insurance	insurance	NOUN
ajfa-3366	166	13	industry	industry	NOUN
ajfa-3366	166	14	.	.	PUNCT
ajfa-3366	167	1	journal	journal	NOUN
ajfa-3366	167	2	of	of	ADP
ajfa-3366	167	3	risk	risk	NOUN
ajfa-3366	167	4	and	and	CCONJ
ajfa-3366	167	5	insurance	insurance	NOUN
ajfa-3366	167	6	,	,	PUNCT
ajfa-3366	167	7	62	62	NUM
ajfa-3366	167	8	,	,	PUNCT
ajfa-3366	167	9	309	309	NUM
ajfa-3366	167	10	-	-	SYM
ajfa-3366	167	11	327	327	NUM
ajfa-3366	167	12	.	.	PUNCT
ajfa-3366	168	1	http://dx.doi.org/10.2307/253794	http://dx.doi.org/10.2307/253794	PROPN
ajfa-3366	168	2	chennappa	chennappa	PROPN
ajfa-3366	168	3	,	,	PUNCT
ajfa-3366	168	4	d.	d.	PROPN
ajfa-3366	168	5	(	(	PUNCT
ajfa-3366	168	6	2006	2006	NUM
ajfa-3366	168	7	)	)	PUNCT
ajfa-3366	168	8	.	.	PUNCT
ajfa-3366	169	1	result	result	NOUN
ajfa-3366	169	2	of	of	ADP
ajfa-3366	169	3	liberalized	liberalize	VERB
ajfa-3366	169	4	india	india	PROPN
ajfa-3366	169	5	's	's	PART
ajfa-3366	169	6	insurance	insurance	NOUN
ajfa-3366	169	7	sector	sector	NOUN
ajfa-3366	169	8	:	:	PUNCT
ajfa-3366	169	9	challenges	challenge	NOUN
ajfa-3366	169	10	and	and	CCONJ
ajfa-3366	169	11	opportunities	opportunity	NOUN
ajfa-3366	169	12	.	.	PUNCT
ajfa-3366	170	1	the	the	DET
ajfa-3366	170	2	icfai	icfai	NUM
ajfa-3366	170	3	journal	journal	NOUN
ajfa-3366	170	4	of	of	ADP
ajfa-3366	170	5	risk	risk	NOUN
ajfa-3366	170	6	and	and	CCONJ
ajfa-3366	170	7	insurance	insurance	NOUN
ajfa-3366	170	8	,	,	PUNCT
ajfa-3366	170	9	3(3	3(3	NUM
ajfa-3366	170	10	)	)	PUNCT
ajfa-3366	170	11	,	,	PUNCT
ajfa-3366	170	12	65	65	NUM
ajfa-3366	170	13	-	-	SYM
ajfa-3366	170	14	75	75	NUM
ajfa-3366	170	15	.	.	PUNCT
ajfa-3366	171	1	cummins	cummin	NOUN
ajfa-3366	171	2	,	,	PUNCT
ajfa-3366	171	3	j.	j.	PROPN
ajfa-3366	171	4	d.	d.	PROPN
ajfa-3366	171	5	,	,	PUNCT
ajfa-3366	171	6	harrington	harrington	PROPN
ajfa-3366	171	7	,	,	PUNCT
ajfa-3366	171	8	s.	s.	PROPN
ajfa-3366	171	9	e.	e.	PROPN
ajfa-3366	171	10	,	,	PUNCT
ajfa-3366	171	11	&	&	CCONJ
ajfa-3366	171	12	klein	klein	PROPN
ajfa-3366	171	13	,	,	PUNCT
ajfa-3366	171	14	r.	r.	PROPN
ajfa-3366	171	15	(	(	PUNCT
ajfa-3366	171	16	1995	1995	NUM
ajfa-3366	171	17	)	)	PUNCT
ajfa-3366	171	18	.	.	PUNCT
ajfa-3366	172	1	insolvency	insolvency	NOUN
ajfa-3366	172	2	experience	experience	NOUN
ajfa-3366	172	3	,	,	PUNCT
ajfa-3366	172	4	risk	risk	NOUN
ajfa-3366	172	5	based	base	VERB
ajfa-3366	172	6	capital	capital	NOUN
ajfa-3366	172	7	and	and	CCONJ
ajfa-3366	172	8	prompt	prompt	VERB
ajfa-3366	172	9	corrective	corrective	ADJ
ajfa-3366	172	10	action	action	NOUN
ajfa-3366	172	11	in	in	ADP
ajfa-3366	172	12	property	property	NOUN
ajfa-3366	172	13	-	-	PUNCT
ajfa-3366	172	14	liability	liability	NOUN
ajfa-3366	172	15	insurance	insurance	NOUN
ajfa-3366	172	16	.	.	PUNCT
ajfa-3366	173	1	journal	journal	NOUN
ajfa-3366	173	2	of	of	ADP
ajfa-3366	173	3	banking	banking	NOUN
ajfa-3366	173	4	and	and	CCONJ
ajfa-3366	173	5	finance(19	finance(19	NOUN
ajfa-3366	173	6	)	)	PUNCT
ajfa-3366	173	7	,	,	PUNCT
ajfa-3366	173	8	511	511	NUM
ajfa-3366	173	9	-	-	SYM
ajfa-3366	173	10	527	527	NUM
ajfa-3366	173	11	.	.	PUNCT
ajfa-3366	174	1	http://dx.doi.org/10.1016/0378-4266(94)00136-q	http://dx.doi.org/10.1016/0378-4266(94)00136-q	PRON
ajfa-3366	174	2	dambolena	dambolena	NOUN
ajfa-3366	174	3	,	,	PUNCT
ajfa-3366	174	4	i.	i.	PROPN
ajfa-3366	174	5	g.	g.	PROPN
ajfa-3366	174	6	,	,	PUNCT
ajfa-3366	174	7	&	&	CCONJ
ajfa-3366	174	8	khoury	khoury	PROPN
ajfa-3366	174	9	,	,	PUNCT
ajfa-3366	174	10	s.	s.	PROPN
ajfa-3366	174	11	j.	j.	PROPN
ajfa-3366	174	12	(	(	PUNCT
ajfa-3366	174	13	1980	1980	NUM
ajfa-3366	174	14	)	)	PUNCT
ajfa-3366	174	15	.	.	PUNCT
ajfa-3366	175	1	ratio	ratio	NOUN
ajfa-3366	175	2	stability	stability	NOUN
ajfa-3366	175	3	and	and	CCONJ
ajfa-3366	175	4	corporate	corporate	ADJ
ajfa-3366	175	5	failure	failure	NOUN
ajfa-3366	175	6	.	.	PUNCT
ajfa-3366	176	1	journal	journal	NOUN
ajfa-3366	176	2	of	of	ADP
ajfa-3366	176	3	finance(35	finance(35	NOUN
ajfa-3366	176	4	)	)	PUNCT
ajfa-3366	176	5	,	,	PUNCT
ajfa-3366	176	6	1017	1017	NUM
ajfa-3366	176	7	-	-	SYM
ajfa-3366	176	8	1026	1026	NUM
ajfa-3366	176	9	.	.	PUNCT
ajfa-3366	177	1	http://dx.doi.org/10.1111/j.1540-6261.1980.tb03517.x	http://dx.doi.org/10.1111/j.1540-6261.1980.tb03517.x	NUM
ajfa-3366	177	2	dollar	dollar	NOUN
ajfa-3366	177	3	,	,	PUNCT
ajfa-3366	177	4	d.	d.	PROPN
ajfa-3366	177	5	4	4	NUM
ajfa-3366	177	6	.	.	PUNCT
ajfa-3366	177	7	(	(	PUNCT
ajfa-3366	177	8	1992	1992	NUM
ajfa-3366	177	9	)	)	PUNCT
ajfa-3366	177	10	.	.	PUNCT
ajfa-3366	178	1	outward	outward	ADV
ajfa-3366	178	2	-	-	PUNCT
ajfa-3366	178	3	oriented	orient	VERB
ajfa-3366	178	4	developing	develop	VERB
ajfa-3366	178	5	economies	economy	NOUN
ajfa-3366	178	6	really	really	ADV
ajfa-3366	178	7	grow	grow	VERB
ajfa-3366	178	8	more	more	ADV
ajfa-3366	178	9	rapidly	rapidly	ADV
ajfa-3366	178	10	:	:	PUNCT
ajfa-3366	178	11	evidence	evidence	NOUN
ajfa-3366	178	12	from	from	ADP
ajfa-3366	178	13	95	95	NUM
ajfa-3366	178	14	ldcs	ldc	NOUN
ajfa-3366	178	15	,	,	PUNCT
ajfa-3366	178	16	1976	1976	NUM
ajfa-3366	178	17	-	-	SYM
ajfa-3366	178	18	85	85	NUM
ajfa-3366	178	19	.	.	PUNCT
ajfa-3366	179	1	economic	economic	ADJ
ajfa-3366	179	2	development	development	NOUN
ajfa-3366	179	3	and	and	CCONJ
ajfa-3366	179	4	cultural	cultural	ADJ
ajfa-3366	179	5	exchange	exchange	NOUN
ajfa-3366	179	6	,	,	PUNCT
ajfa-3366	179	7	40(3	40(3	NUM
ajfa-3366	179	8	)	)	PUNCT
ajfa-3366	179	9	,	,	PUNCT
ajfa-3366	179	10	523	523	NUM
ajfa-3366	179	11	-	-	SYM
ajfa-3366	179	12	544	544	NUM
ajfa-3366	179	13	.	.	PUNCT
ajfa-3366	179	14	http://dx.doi.org/10.1086/451959	http://dx.doi.org/10.1086/451959	PROPN
ajfa-3366	179	15	asian	asian	ADJ
ajfa-3366	179	16	journal	journal	PROPN
ajfa-3366	179	17	of	of	ADP
ajfa-3366	179	18	finance	finance	PROPN
ajfa-3366	179	19	&	&	CCONJ
ajfa-3366	179	20	accounting	accounting	PROPN
ajfa-3366	179	21	issn	issn	PROPN
ajfa-3366	179	22	1946	1946	NUM
ajfa-3366	179	23	-	-	PUNCT
ajfa-3366	179	24	052x	052x	NOUN
ajfa-3366	179	25	2013	2013	NUM
ajfa-3366	179	26	,	,	PUNCT
ajfa-3366	179	27	vol	vol	NOUN
ajfa-3366	179	28	.	.	PROPN
ajfa-3366	179	29	5	5	NUM
ajfa-3366	179	30	,	,	PUNCT
ajfa-3366	179	31	no	no	INTJ
ajfa-3366	179	32	.	.	NOUN
ajfa-3366	179	33	1	1	NUM
ajfa-3366	179	34	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	179	35	316	316	NUM
ajfa-3366	179	36	hampton	hampton	PROPN
ajfa-3366	179	37	,	,	PUNCT
ajfa-3366	179	38	j.	j.	PROPN
ajfa-3366	179	39	j.	j.	PROPN
ajfa-3366	179	40	(	(	PUNCT
ajfa-3366	179	41	1993	1993	NUM
ajfa-3366	179	42	)	)	PUNCT
ajfa-3366	179	43	.	.	PUNCT
ajfa-3366	180	1	financial	financial	ADJ
ajfa-3366	180	2	management	management	NOUN
ajfa-3366	180	3	of	of	ADP
ajfa-3366	180	4	insurance	insurance	NOUN
ajfa-3366	180	5	companies	company	NOUN
ajfa-3366	180	6	.	.	PUNCT
ajfa-3366	181	1	new	new	PROPN
ajfa-3366	181	2	york	york	PROPN
ajfa-3366	181	3	:	:	PUNCT
ajfa-3366	181	4	amacon	amacon	PROPN
ajfa-3366	181	5	,	,	PUNCT
ajfa-3366	181	6	ny	ny	PROPN
ajfa-3366	181	7	:	:	PROPN
ajfa-3366	181	8	american	american	PROPN
ajfa-3366	181	9	management	management	PROPN
ajfa-3366	181	10	association	association	PROPN
ajfa-3366	181	11	.	.	PUNCT
ajfa-3366	182	1	insurance	insurance	NOUN
ajfa-3366	182	2	regulatory	regulatory	ADJ
ajfa-3366	182	3	and	and	CCONJ
ajfa-3366	182	4	development	development	NOUN
ajfa-3366	182	5	authority	authority	NOUN
ajfa-3366	182	6	(	(	PUNCT
ajfa-3366	182	7	irda	irda	PROPN
ajfa-3366	182	8	)	)	PUNCT
ajfa-3366	182	9	.	.	PUNCT
ajfa-3366	183	1	(	(	PUNCT
ajfa-3366	183	2	2009	2009	NUM
ajfa-3366	183	3	-	-	SYM
ajfa-3366	183	4	10	10	NUM
ajfa-3366	183	5	)	)	PUNCT
ajfa-3366	183	6	.	.	PUNCT
ajfa-3366	184	1	insurance	insurance	NOUN
ajfa-3366	184	2	reforms	reform	NOUN
ajfa-3366	184	3	in	in	ADP
ajfa-3366	184	4	india	india	PROPN
ajfa-3366	184	5	.	.	PUNCT
ajfa-3366	185	1	new	new	ADJ
ajfa-3366	185	2	delhi	delhi	PROPN
ajfa-3366	185	3	:	:	PUNCT
ajfa-3366	185	4	government	government	NOUN
ajfa-3366	185	5	of	of	ADP
ajfa-3366	185	6	india	india	PROPN
ajfa-3366	185	7	.	.	PUNCT
ajfa-3366	185	8	jain	jain	PROPN
ajfa-3366	185	9	,	,	PUNCT
ajfa-3366	185	10	a.	a.	PROPN
ajfa-3366	185	11	k.	k.	PROPN
ajfa-3366	185	12	(	(	PUNCT
ajfa-3366	185	13	2004	2004	NUM
ajfa-3366	185	14	)	)	PUNCT
ajfa-3366	185	15	.	.	PUNCT
ajfa-3366	186	1	waves	wave	NOUN
ajfa-3366	186	2	of	of	ADP
ajfa-3366	186	3	liberalization	liberalization	NOUN
ajfa-3366	186	4	.	.	PUNCT
ajfa-3366	187	1	the	the	DET
ajfa-3366	187	2	journal	journal	PROPN
ajfa-3366	187	3	of	of	ADP
ajfa-3366	187	4	insurance	insurance	PROPN
ajfa-3366	187	5	institute	institute	PROPN
ajfa-3366	187	6	of	of	ADP
ajfa-3366	187	7	india	india	PROPN
ajfa-3366	187	8	,	,	PUNCT
ajfa-3366	187	9	30	30	NUM
ajfa-3366	187	10	-	-	SYM
ajfa-3366	187	11	53	53	NUM
ajfa-3366	187	12	.	.	PUNCT
ajfa-3366	188	1	joo	joo	PROPN
ajfa-3366	188	2	,	,	PUNCT
ajfa-3366	188	3	b.	b.	PROPN
ajfa-3366	188	4	a.	a.	PROPN
ajfa-3366	188	5	(	(	PUNCT
ajfa-3366	188	6	2005	2005	NUM
ajfa-3366	188	7	)	)	PUNCT
ajfa-3366	188	8	.	.	PUNCT
ajfa-3366	189	1	performance	performance	NOUN
ajfa-3366	189	2	of	of	ADP
ajfa-3366	189	3	insurance	insurance	NOUN
ajfa-3366	189	4	sector	sector	NOUN
ajfa-3366	189	5	in	in	ADP
ajfa-3366	189	6	india	india	PROPN
ajfa-3366	189	7	.	.	PUNCT
ajfa-3366	190	1	the	the	DET
ajfa-3366	190	2	business	business	NOUN
ajfa-3366	190	3	review	review	NOUN
ajfa-3366	190	4	,	,	PUNCT
ajfa-3366	190	5	11(2	11(2	NUM
ajfa-3366	190	6	)	)	PUNCT
ajfa-3366	190	7	,	,	PUNCT
ajfa-3366	190	8	77	77	NUM
ajfa-3366	190	9	-	-	SYM
ajfa-3366	190	10	86	86	NUM
ajfa-3366	190	11	.	.	PUNCT
ajfa-3366	191	1	kim	kim	PROPN
ajfa-3366	191	2	,	,	PUNCT
ajfa-3366	191	3	y.	y.	PROPN
ajfa-3366	191	4	,	,	PUNCT
ajfa-3366	191	5	anderson	anderson	PROPN
ajfa-3366	191	6	,	,	PUNCT
ajfa-3366	191	7	d.	d.	PROPN
ajfa-3366	191	8	,	,	PUNCT
ajfa-3366	191	9	amburgey	amburgey	PROPN
ajfa-3366	191	10	,	,	PUNCT
ajfa-3366	191	11	l.	l.	PROPN
ajfa-3366	191	12	,	,	PUNCT
ajfa-3366	191	13	&	&	CCONJ
ajfa-3366	191	14	hickman	hickman	PROPN
ajfa-3366	191	15	,	,	PUNCT
ajfa-3366	191	16	j.	j.	PROPN
ajfa-3366	191	17	c.	c.	PROPN
ajfa-3366	191	18	(	(	PUNCT
ajfa-3366	191	19	1995	1995	NUM
ajfa-3366	191	20	)	)	PUNCT
ajfa-3366	191	21	.	.	PUNCT
ajfa-3366	192	1	the	the	DET
ajfa-3366	192	2	use	use	NOUN
ajfa-3366	192	3	of	of	ADP
ajfa-3366	192	4	event	event	NOUN
ajfa-3366	192	5	history	history	NOUN
ajfa-3366	192	6	analysis	analysis	NOUN
ajfa-3366	192	7	to	to	PART
ajfa-3366	192	8	examine	examine	VERB
ajfa-3366	192	9	insurer	insurer	NOUN
ajfa-3366	192	10	insolvencies	insolvency	NOUN
ajfa-3366	192	11	.	.	PUNCT
ajfa-3366	193	1	journal	journal	NOUN
ajfa-3366	193	2	of	of	ADP
ajfa-3366	193	3	risk	risk	NOUN
ajfa-3366	193	4	and	and	CCONJ
ajfa-3366	193	5	insurance	insurance	NOUN
ajfa-3366	193	6	,	,	PUNCT
ajfa-3366	193	7	62	62	NUM
ajfa-3366	193	8	,	,	PUNCT
ajfa-3366	193	9	94	94	NUM
ajfa-3366	193	10	-	-	SYM
ajfa-3366	193	11	110	110	NUM
ajfa-3366	193	12	.	.	PUNCT
ajfa-3366	194	1	http://dx.doi.org/10.2307/253694	http://dx.doi.org/10.2307/253694	PROPN
ajfa-3366	194	2	kramer	kramer	PROPN
ajfa-3366	194	3	,	,	PUNCT
ajfa-3366	194	4	b.	b.	PROPN
ajfa-3366	194	5	(	(	PUNCT
ajfa-3366	194	6	1996	1996	NUM
ajfa-3366	194	7	)	)	PUNCT
ajfa-3366	194	8	.	.	PUNCT
ajfa-3366	195	1	an	an	DET
ajfa-3366	195	2	ordered	order	VERB
ajfa-3366	195	3	logit	logit	NOUN
ajfa-3366	195	4	model	model	NOUN
ajfa-3366	195	5	for	for	ADP
ajfa-3366	195	6	the	the	DET
ajfa-3366	195	7	evaluation	evaluation	NOUN
ajfa-3366	195	8	of	of	ADP
ajfa-3366	195	9	dutch	dutch	ADJ
ajfa-3366	195	10	non	non	ADJ
ajfa-3366	195	11	-	-	ADJ
ajfa-3366	195	12	life	life	ADJ
ajfa-3366	195	13	insurance	insurance	NOUN
ajfa-3366	195	14	industry	industry	NOUN
ajfa-3366	195	15	.	.	PUNCT
ajfa-3366	196	1	de	de	X
ajfa-3366	196	2	economist	economist	NOUN
ajfa-3366	196	3	,	,	PUNCT
ajfa-3366	196	4	144	144	NUM
ajfa-3366	196	5	,	,	PUNCT
ajfa-3366	196	6	79	79	NUM
ajfa-3366	196	7	-	-	SYM
ajfa-3366	196	8	91	91	NUM
ajfa-3366	196	9	.	.	PUNCT
ajfa-3366	197	1	http://dx.doi.org/10.1007/bf01680262	http://dx.doi.org/10.1007/bf01680262	PROPN
ajfa-3366	197	2	lee	lee	PROPN
ajfa-3366	197	3	,	,	PUNCT
ajfa-3366	197	4	s.	s.	PROPN
ajfa-3366	197	5	h.	h.	PROPN
ajfa-3366	197	6	,	,	PUNCT
ajfa-3366	197	7	&	&	CCONJ
ajfa-3366	197	8	urrutia	urrutia	PROPN
ajfa-3366	197	9	,	,	PUNCT
ajfa-3366	197	10	j.	j.	PROPN
ajfa-3366	197	11	l.	l.	PROPN
ajfa-3366	197	12	(	(	PUNCT
ajfa-3366	197	13	1996	1996	NUM
ajfa-3366	197	14	)	)	PUNCT
ajfa-3366	197	15	.	.	PUNCT
ajfa-3366	198	1	analysis	analysis	NOUN
ajfa-3366	198	2	and	and	CCONJ
ajfa-3366	198	3	prediction	prediction	NOUN
ajfa-3366	198	4	of	of	ADP
ajfa-3366	198	5	insolvency	insolvency	NOUN
ajfa-3366	198	6	in	in	ADP
ajfa-3366	198	7	the	the	DET
ajfa-3366	198	8	property	property	NOUN
ajfa-3366	198	9	-	-	PUNCT
ajfa-3366	198	10	liability	liability	NOUN
ajfa-3366	198	11	insurance	insurance	NOUN
ajfa-3366	198	12	industry	industry	NOUN
ajfa-3366	198	13	:	:	PUNCT
ajfa-3366	198	14	a	a	DET
ajfa-3366	198	15	comparison	comparison	NOUN
ajfa-3366	198	16	of	of	ADP
ajfa-3366	198	17	logit	logit	PROPN
ajfa-3366	198	18	and	and	CCONJ
ajfa-3366	198	19	hazard	hazard	NOUN
ajfa-3366	198	20	models	model	NOUN
ajfa-3366	198	21	.	.	PUNCT
ajfa-3366	199	1	journal	journal	NOUN
ajfa-3366	199	2	of	of	ADP
ajfa-3366	199	3	risk	risk	NOUN
ajfa-3366	199	4	and	and	CCONJ
ajfa-3366	199	5	insurance	insurance	NOUN
ajfa-3366	199	6	,	,	PUNCT
ajfa-3366	199	7	63	63	NUM
ajfa-3366	199	8	,	,	PUNCT
ajfa-3366	199	9	121	121	NUM
ajfa-3366	199	10	-	-	SYM
ajfa-3366	199	11	130	130	NUM
ajfa-3366	199	12	.	.	PUNCT
ajfa-3366	200	1	http://dx.doi.org/10.2307/253520	http://dx.doi.org/10.2307/253520	PROPN
ajfa-3366	200	2	malhotra	malhotra	PROPN
ajfa-3366	200	3	,	,	PUNCT
ajfa-3366	200	4	r.	r.	PROPN
ajfa-3366	200	5	(	(	PUNCT
ajfa-3366	200	6	1993	1993	NUM
ajfa-3366	200	7	)	)	PUNCT
ajfa-3366	200	8	.	.	PUNCT
ajfa-3366	201	1	report	report	NOUN
ajfa-3366	201	2	of	of	ADP
ajfa-3366	201	3	the	the	DET
ajfa-3366	201	4	committee	committee	NOUN
ajfa-3366	201	5	on	on	ADP
ajfa-3366	201	6	insurance	insurance	NOUN
ajfa-3366	201	7	sector	sector	NOUN
ajfa-3366	201	8	reforms	reform	NOUN
ajfa-3366	201	9	in	in	ADP
ajfa-3366	201	10	india	india	PROPN
ajfa-3366	201	11	.	.	PUNCT
ajfa-3366	202	1	new	new	ADJ
ajfa-3366	202	2	delhi	delhi	PROPN
ajfa-3366	202	3	:	:	PUNCT
ajfa-3366	202	4	government	government	NOUN
ajfa-3366	202	5	of	of	ADP
ajfa-3366	202	6	india	india	PROPN
ajfa-3366	202	7	.	.	PUNCT
ajfa-3366	202	8	oetzel	oetzel	PROPN
ajfa-3366	202	9	,	,	PUNCT
ajfa-3366	202	10	j.	j.	PROPN
ajfa-3366	202	11	,	,	PUNCT
ajfa-3366	202	12	&	&	CCONJ
ajfa-3366	202	13	banerjee	banerjee	PROPN
ajfa-3366	202	14	,	,	PUNCT
ajfa-3366	202	15	s.	s.	PROPN
ajfa-3366	202	16	(	(	PUNCT
ajfa-3366	202	17	2008	2008	NUM
ajfa-3366	202	18	)	)	PUNCT
ajfa-3366	202	19	.	.	PUNCT
ajfa-3366	203	1	a	a	DET
ajfa-3366	203	2	case	case	NOUN
ajfa-3366	203	3	of	of	ADP
ajfa-3366	203	4	the	the	DET
ajfa-3366	203	5	tortoise	tortoise	NOUN
ajfa-3366	203	6	versus	versus	ADP
ajfa-3366	203	7	the	the	DET
ajfa-3366	203	8	hare	hare	NOUN
ajfa-3366	203	9	:	:	PUNCT
ajfa-3366	203	10	deregulation	deregulation	NOUN
ajfa-3366	203	11	process	process	NOUN
ajfa-3366	203	12	,	,	PUNCT
ajfa-3366	203	13	timing	timing	NOUN
ajfa-3366	203	14	and	and	CCONJ
ajfa-3366	203	15	firm	firm	ADJ
ajfa-3366	203	16	performance	performance	NOUN
ajfa-3366	203	17	in	in	ADP
ajfa-3366	203	18	emerging	emerge	VERB
ajfa-3366	203	19	markets	market	NOUN
ajfa-3366	203	20	.	.	PUNCT
ajfa-3366	204	1	international	international	ADJ
ajfa-3366	204	2	business	business	PROPN
ajfa-3366	204	3	review	review	PROPN
ajfa-3366	204	4	,	,	PUNCT
ajfa-3366	204	5	17(1	17(1	NUM
ajfa-3366	204	6	)	)	PUNCT
ajfa-3366	204	7	,	,	PUNCT
ajfa-3366	204	8	54	54	NUM
ajfa-3366	204	9	-	-	SYM
ajfa-3366	204	10	77	77	NUM
ajfa-3366	204	11	.	.	PUNCT
ajfa-3366	205	1	http://dx.doi.org/10.1016/j.ibusrev.2007.08.003	http://dx.doi.org/10.1016/j.ibusrev.2007.08.003	PROPN
ajfa-3366	205	2	parekh	parekh	PROPN
ajfa-3366	205	3	,	,	PUNCT
ajfa-3366	205	4	d.	d.	PROPN
ajfa-3366	205	5	(	(	PUNCT
ajfa-3366	205	6	2007	2007	NUM
ajfa-3366	205	7	,	,	PUNCT
ajfa-3366	205	8	november	november	PROPN
ajfa-3366	205	9	)	)	PUNCT
ajfa-3366	205	10	.	.	PUNCT
ajfa-3366	206	1	miles	mile	NOUN
ajfa-3366	206	2	to	to	PART
ajfa-3366	206	3	go	go	VERB
ajfa-3366	206	4	.	.	PUNCT
ajfa-3366	207	1	asian	asian	ADJ
ajfa-3366	207	2	insurance	insurance	PROPN
ajfa-3366	207	3	post	post	NOUN
ajfa-3366	207	4	,	,	PUNCT
ajfa-3366	207	5	25	25	NUM
ajfa-3366	207	6	-	-	SYM
ajfa-3366	207	7	26	26	NUM
ajfa-3366	207	8	.	.	PUNCT
ajfa-3366	208	1	rao	rao	PROPN
ajfa-3366	208	2	,	,	PUNCT
ajfa-3366	208	3	c.	c.	PROPN
ajfa-3366	208	4	s.	s.	PROPN
ajfa-3366	208	5	(	(	PUNCT
ajfa-3366	208	6	2007	2007	NUM
ajfa-3366	208	7	)	)	PUNCT
ajfa-3366	208	8	.	.	PUNCT
ajfa-3366	209	1	rewarding	rewarding	ADJ
ajfa-3366	209	2	reforms	reform	NOUN
ajfa-3366	209	3	.	.	PUNCT
ajfa-3366	210	1	asia	asia	PROPN
ajfa-3366	210	2	insurance	insurance	PROPN
ajfa-3366	210	3	post	post	NOUN
ajfa-3366	210	4	,	,	PUNCT
ajfa-3366	210	5	21	21	NUM
ajfa-3366	210	6	.	.	PUNCT
ajfa-3366	210	7	rao	rao	PROPN
ajfa-3366	210	8	,	,	PUNCT
ajfa-3366	210	9	c.	c.	PROPN
ajfa-3366	210	10	s.	s.	PROPN
ajfa-3366	210	11	(	(	PUNCT
ajfa-3366	210	12	2007a	2007a	NUM
ajfa-3366	210	13	)	)	PUNCT
ajfa-3366	210	14	.	.	PUNCT
ajfa-3366	211	1	the	the	DET
ajfa-3366	211	2	regulatory	regulatory	ADJ
ajfa-3366	211	3	challenges	challenge	NOUN
ajfa-3366	211	4	ahead	ahead	ADV
ajfa-3366	211	5	.	.	PUNCT
ajfa-3366	212	1	journal	journal	PROPN
ajfa-3366	212	2	of	of	ADP
ajfa-3366	212	3	insurance	insurance	PROPN
ajfa-3366	212	4	chronicle	chronicle	PROPN
ajfa-3366	212	5	,	,	PUNCT
ajfa-3366	212	6	7(10	7(10	NUM
ajfa-3366	212	7	)	)	PUNCT
ajfa-3366	212	8	.	.	PUNCT
ajfa-3366	213	1	rao	rao	PROPN
ajfa-3366	213	2	,	,	PUNCT
ajfa-3366	213	3	t.	t.	PROPN
ajfa-3366	213	4	s.	s.	PROPN
ajfa-3366	213	5	(	(	PUNCT
ajfa-3366	213	6	2000	2000	NUM
ajfa-3366	213	7	)	)	PUNCT
ajfa-3366	213	8	.	.	PUNCT
ajfa-3366	214	1	the	the	DET
ajfa-3366	214	2	indian	indian	PROPN
ajfa-3366	214	3	insurance	insurance	NOUN
ajfa-3366	214	4	industry	industry	NOUN
ajfa-3366	214	5	:	:	PUNCT
ajfa-3366	214	6	the	the	DET
ajfa-3366	214	7	road	road	NOUN
ajfa-3366	214	8	ahead	ahead	ADV
ajfa-3366	214	9	.	.	PUNCT
ajfa-3366	215	1	journal	journal	NOUN
ajfa-3366	215	2	of	of	ADP
ajfa-3366	215	3	insurance	insurance	PROPN
ajfa-3366	215	4	chronicle	chronicle	PROPN
ajfa-3366	215	5	,	,	PUNCT
ajfa-3366	215	6	1(3	1(3	NUM
ajfa-3366	215	7	)	)	PUNCT
ajfa-3366	215	8	,	,	PUNCT
ajfa-3366	215	9	31	31	NUM
ajfa-3366	215	10	.	.	PUNCT
ajfa-3366	216	1	rejda	rejda	NOUN
ajfa-3366	216	2	,	,	PUNCT
ajfa-3366	216	3	g.	g.	PROPN
ajfa-3366	216	4	e.	e.	PROPN
ajfa-3366	216	5	(	(	PUNCT
ajfa-3366	216	6	2002	2002	NUM
ajfa-3366	216	7	)	)	PUNCT
ajfa-3366	216	8	.	.	PUNCT
ajfa-3366	217	1	principles	principle	NOUN
ajfa-3366	217	2	of	of	ADP
ajfa-3366	217	3	risk	risk	NOUN
ajfa-3366	217	4	management	management	NOUN
ajfa-3366	217	5	and	and	CCONJ
ajfa-3366	217	6	insurance	insurance	NOUN
ajfa-3366	217	7	(	(	PUNCT
ajfa-3366	217	8	7th	7th	ADJ
ajfa-3366	217	9	ed	ed	NOUN
ajfa-3366	217	10	.	.	PUNCT
ajfa-3366	217	11	)	)	PUNCT
ajfa-3366	217	12	.	.	PUNCT
ajfa-3366	218	1	new	new	PROPN
ajfa-3366	218	2	delhi	delhi	PROPN
ajfa-3366	218	3	,	,	PUNCT
ajfa-3366	218	4	india	india	PROPN
ajfa-3366	218	5	:	:	PUNCT
ajfa-3366	218	6	pearson	pearson	PROPN
ajfa-3366	218	7	education	education	PROPN
ajfa-3366	218	8	(	(	PUNCT
ajfa-3366	218	9	singapore	singapore	PROPN
ajfa-3366	218	10	)	)	PUNCT
ajfa-3366	218	11	pvt	pvt	PROPN
ajfa-3366	218	12	.	.	PROPN
ajfa-3366	218	13	ltd	ltd	PROPN
ajfa-3366	218	14	.	.	PROPN
ajfa-3366	218	15	rohit	rohit	PROPN
ajfa-3366	218	16	,	,	PUNCT
ajfa-3366	218	17	k.	k.	PROPN
ajfa-3366	218	18	,	,	PUNCT
ajfa-3366	218	19	&	&	CCONJ
ajfa-3366	218	20	manjit	manjit	PROPN
ajfa-3366	218	21	,	,	PUNCT
ajfa-3366	218	22	s.	s.	PROPN
ajfa-3366	218	23	(	(	PUNCT
ajfa-3366	218	24	2009	2009	NUM
ajfa-3366	218	25	)	)	PUNCT
ajfa-3366	218	26	.	.	PUNCT
ajfa-3366	219	1	emerging	emerge	VERB
ajfa-3366	219	2	trends	trend	NOUN
ajfa-3366	219	3	in	in	ADP
ajfa-3366	219	4	financial	financial	ADJ
ajfa-3366	219	5	performance	performance	NOUN
ajfa-3366	219	6	of	of	ADP
ajfa-3366	219	7	general	general	ADJ
ajfa-3366	219	8	insurance	insurance	NOUN
ajfa-3366	219	9	industry	industry	NOUN
ajfa-3366	219	10	in	in	ADP
ajfa-3366	219	11	india	india	PROPN
ajfa-3366	219	12	.	.	PUNCT
ajfa-3366	220	1	indian	indian	PROPN
ajfa-3366	220	2	management	management	PROPN
ajfa-3366	220	3	studies	study	NOUN
ajfa-3366	220	4	journal	journal	NOUN
ajfa-3366	220	5	,	,	PUNCT
ajfa-3366	220	6	13	13	NUM
ajfa-3366	220	7	,	,	PUNCT
ajfa-3366	220	8	31	31	NUM
ajfa-3366	220	9	-	-	SYM
ajfa-3366	220	10	44	44	NUM
ajfa-3366	220	11	.	.	PUNCT
ajfa-3366	221	1	shenhbargraman	shenhbargraman	VERB
ajfa-3366	221	2	,	,	PUNCT
ajfa-3366	221	3	k.	k.	PROPN
ajfa-3366	221	4	(	(	PUNCT
ajfa-3366	221	5	2001	2001	NUM
ajfa-3366	221	6	)	)	PUNCT
ajfa-3366	221	7	.	.	PUNCT
ajfa-3366	222	1	insurers	insurer	NOUN
ajfa-3366	222	2	are	be	AUX
ajfa-3366	222	3	partners	partner	NOUN
ajfa-3366	222	4	in	in	ADP
ajfa-3366	222	5	economic	economic	ADJ
ajfa-3366	222	6	growth	growth	NOUN
ajfa-3366	222	7	.	.	PUNCT
ajfa-3366	223	1	the	the	DET
ajfa-3366	223	2	insurance	insurance	NOUN
ajfa-3366	223	3	times	time	NOUN
ajfa-3366	223	4	,	,	PUNCT
ajfa-3366	223	5	21(4	21(4	NUM
ajfa-3366	223	6	)	)	PUNCT
ajfa-3366	223	7	,	,	PUNCT
ajfa-3366	223	8	77	77	NUM
ajfa-3366	223	9	-	-	SYM
ajfa-3366	223	10	86	86	NUM
ajfa-3366	223	11	.	.	PUNCT
ajfa-3366	224	1	sinha	sinha	PROPN
ajfa-3366	224	2	,	,	PUNCT
ajfa-3366	224	3	r.	r.	PROPN
ajfa-3366	224	4	p.	p.	PROPN
ajfa-3366	224	5	(	(	PUNCT
ajfa-3366	224	6	2006	2006	NUM
ajfa-3366	224	7	)	)	PUNCT
ajfa-3366	224	8	.	.	PUNCT
ajfa-3366	225	1	operating	operate	VERB
ajfa-3366	225	2	efficiency	efficiency	NOUN
ajfa-3366	225	3	of	of	ADP
ajfa-3366	225	4	life	life	NOUN
ajfa-3366	225	5	insurance	insurance	NOUN
ajfa-3366	225	6	companies	company	NOUN
ajfa-3366	225	7	:	:	PUNCT
ajfa-3366	225	8	a	a	DET
ajfa-3366	225	9	data	data	NOUN
ajfa-3366	225	10	envelopment	envelopment	NOUN
ajfa-3366	225	11	approach	approach	NOUN
ajfa-3366	225	12	.	.	PUNCT
ajfa-3366	226	1	the	the	DET
ajfa-3366	226	2	icfai	icfai	NUM
ajfa-3366	226	3	journal	journal	NOUN
ajfa-3366	226	4	of	of	ADP
ajfa-3366	226	5	risk	risk	NOUN
ajfa-3366	226	6	and	and	CCONJ
ajfa-3366	226	7	insurance	insurance	NOUN
ajfa-3366	226	8	,	,	PUNCT
ajfa-3366	226	9	3(4	3(4	NUM
ajfa-3366	226	10	)	)	PUNCT
ajfa-3366	226	11	,	,	PUNCT
ajfa-3366	226	12	29	29	NUM
ajfa-3366	226	13	-	-	SYM
ajfa-3366	226	14	37	37	NUM
ajfa-3366	226	15	.	.	PUNCT
ajfa-3366	227	1	sinha	sinha	PROPN
ajfa-3366	227	2	,	,	PUNCT
ajfa-3366	227	3	r.	r.	PROPN
ajfa-3366	227	4	p.	p.	PROPN
ajfa-3366	227	5	(	(	PUNCT
ajfa-3366	227	6	2007	2007	NUM
ajfa-3366	227	7	)	)	PUNCT
ajfa-3366	227	8	.	.	PUNCT
ajfa-3366	228	1	productivity	productivity	NOUN
ajfa-3366	228	2	and	and	CCONJ
ajfa-3366	228	3	efficiency	efficiency	NOUN
ajfa-3366	228	4	of	of	ADP
ajfa-3366	228	5	indian	indian	ADJ
ajfa-3366	228	6	general	general	ADJ
ajfa-3366	228	7	insurance	insurance	NOUN
ajfa-3366	228	8	industry	industry	NOUN
ajfa-3366	228	9	.	.	PUNCT
ajfa-3366	229	1	the	the	DET
ajfa-3366	229	2	icfai	icfai	NUM
ajfa-3366	229	3	journal	journal	NOUN
ajfa-3366	229	4	of	of	ADP
ajfa-3366	229	5	risk	risk	NOUN
ajfa-3366	229	6	and	and	CCONJ
ajfa-3366	229	7	insurance	insurance	NOUN
ajfa-3366	229	8	,	,	PUNCT
ajfa-3366	229	9	4(2	4(2	NUM
ajfa-3366	229	10	)	)	PUNCT
ajfa-3366	229	11	,	,	PUNCT
ajfa-3366	229	12	33	33	NUM
ajfa-3366	229	13	-	-	SYM
ajfa-3366	229	14	43	43	NUM
ajfa-3366	229	15	.	.	PUNCT
ajfa-3366	230	1	asian	asian	ADJ
ajfa-3366	230	2	journal	journal	PROPN
ajfa-3366	230	3	of	of	ADP
ajfa-3366	230	4	finance	finance	PROPN
ajfa-3366	230	5	&	&	CCONJ
ajfa-3366	230	6	accounting	accounting	PROPN
ajfa-3366	230	7	issn	issn	PROPN
ajfa-3366	230	8	1946	1946	NUM
ajfa-3366	230	9	-	-	PUNCT
ajfa-3366	230	10	052x	052x	NOUN
ajfa-3366	230	11	2013	2013	NUM
ajfa-3366	230	12	,	,	PUNCT
ajfa-3366	230	13	vol	vol	NOUN
ajfa-3366	230	14	.	.	PROPN
ajfa-3366	230	15	5	5	NUM
ajfa-3366	230	16	,	,	PUNCT
ajfa-3366	230	17	no	no	INTJ
ajfa-3366	230	18	.	.	NOUN
ajfa-3366	230	19	1	1	NUM
ajfa-3366	230	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	230	21	317	317	NUM
ajfa-3366	230	22	skipper	skipper	PROPN
ajfa-3366	230	23	jr	jr	PROPN
ajfa-3366	230	24	.	.	PROPN
ajfa-3366	230	25	,	,	PUNCT
ajfa-3366	230	26	h.	h.	PROPN
ajfa-3366	230	27	d.	d.	PROPN
ajfa-3366	230	28	,	,	PUNCT
ajfa-3366	230	29	&	&	CCONJ
ajfa-3366	230	30	klein	klein	PROPN
ajfa-3366	230	31	,	,	PUNCT
ajfa-3366	230	32	r.	r.	PROPN
ajfa-3366	230	33	(	(	PUNCT
ajfa-3366	230	34	2000	2000	NUM
ajfa-3366	230	35	)	)	PUNCT
ajfa-3366	230	36	.	.	PUNCT
ajfa-3366	231	1	insurance	insurance	NOUN
ajfa-3366	231	2	regulation	regulation	NOUN
ajfa-3366	231	3	in	in	ADP
ajfa-3366	231	4	the	the	DET
ajfa-3366	231	5	public	public	ADJ
ajfa-3366	231	6	interest	interest	NOUN
ajfa-3366	231	7	:	:	PUNCT
ajfa-3366	231	8	the	the	DET
ajfa-3366	231	9	path	path	NOUN
ajfa-3366	231	10	towards	towards	ADP
ajfa-3366	231	11	solvent	solvent	NOUN
ajfa-3366	231	12	,	,	PUNCT
ajfa-3366	231	13	competitive	competitive	ADJ
ajfa-3366	231	14	markets	market	NOUN
ajfa-3366	231	15	.	.	PUNCT
ajfa-3366	232	1	georgia	georgia	PROPN
ajfa-3366	232	2	state	state	PROPN
ajfa-3366	232	3	university	university	PROPN
ajfa-3366	232	4	.	.	PUNCT
ajfa-3366	233	1	georgia	georgia	PROPN
ajfa-3366	233	2	:	:	PUNCT
ajfa-3366	233	3	center	center	NOUN
ajfa-3366	233	4	for	for	ADP
ajfa-3366	233	5	risk	risk	NOUN
ajfa-3366	233	6	management	management	NOUN
ajfa-3366	233	7	and	and	CCONJ
ajfa-3366	233	8	insurance	insurance	NOUN
ajfa-3366	233	9	research	research	NOUN
ajfa-3366	233	10	.	.	PUNCT
ajfa-3366	234	1	table	table	NOUN
ajfa-3366	234	2	1	1	NUM
ajfa-3366	234	3	.	.	PUNCT
ajfa-3366	235	1	analysis	analysis	NOUN
ajfa-3366	235	2	of	of	ADP
ajfa-3366	235	3	isi	isi	PROPN
ajfa-3366	235	4	standard	standard	ADJ
ajfa-3366	235	5	benchmark	benchmark	NOUN
ajfa-3366	235	6	of	of	ADP
ajfa-3366	235	7	public	public	ADJ
ajfa-3366	235	8	sector	sector	NOUN
ajfa-3366	235	9	insurers	insurer	NOUN
ajfa-3366	235	10	companies	company	NOUN
ajfa-3366	235	11	years	year	NOUN
ajfa-3366	235	12	n	n	PRON
ajfa-3366	235	13	et	et	NOUN
ajfa-3366	235	14	p	p	X
ajfa-3366	235	15	re	re	X
ajfa-3366	235	16	m	m	PROPN
ajfa-3366	235	17	iu	iu	ADP
ajfa-3366	235	18	m	m	PROPN
ajfa-3366	235	19	s/	s/	NOUN
ajfa-3366	235	20	s	s	PROPN
ajfa-3366	235	21	h	h	NOUN
ajfa-3366	235	22	ar	ar	PROPN
ajfa-3366	235	23	eh	eh	INTJ
ajfa-3366	235	24	ol	ol	PROPN
ajfa-3366	236	1	d	d	AUX
ajfa-3366	236	2	er	er	INTJ
ajfa-3366	236	3	s	s	VERB
ajfa-3366	236	4	f	f	NOUN
ajfa-3366	236	5	u	u	NOUN
ajfa-3366	236	6	n	n	PROPN
ajfa-3366	236	7	d	d	NOUN
ajfa-3366	236	8	s	s	PROPN
ajfa-3366	236	9	c	c	NOUN
ajfa-3366	236	10	h	h	NOUN
ajfa-3366	236	11	an	an	DET
ajfa-3366	236	12	ge	ge	PROPN
ajfa-3366	236	13	in	in	ADP
ajfa-3366	236	14	n	n	PROPN
ajfa-3366	236	15	et	et	NOUN
ajfa-3366	236	16	p	p	NOUN
ajfa-3366	236	17	re	re	X
ajfa-3366	236	18	m	m	PROPN
ajfa-3366	236	19	iu	iu	ADP
ajfa-3366	236	20	m	m	PROPN
ajfa-3366	236	21	u	u	NOUN
ajfa-3366	236	22	n	n	PROPN
ajfa-3366	236	23	d	d	X
ajfa-3366	236	24	er	er	INTJ
ajfa-3366	236	25	w	w	PROPN
ajfa-3366	236	26	ri	ri	NOUN
ajfa-3366	236	27	ti	ti	PROPN
ajfa-3366	236	28	n	n	PRON
ajfa-3366	236	29	g	g	PROPN
ajfa-3366	236	30	p	p	X
ajfa-3366	236	31	ro	ro	PROPN
ajfa-3366	236	32	fi	fi	NOUN
ajfa-3366	236	33	ts	ts	ADV
ajfa-3366	236	34	/i	/i	PUNCT
ajfa-3366	236	35	n	n	CCONJ
ajfa-3366	236	36	ve	ve	VERB
ajfa-3366	236	37	st	st	PROPN
ajfa-3366	236	38	m	m	PROPN
ajfa-3366	236	39	en	en	PROPN
ajfa-3366	236	40	t	t	PROPN
ajfa-3366	236	41	in	in	ADP
ajfa-3366	236	42	co	co	NOUN
ajfa-3366	236	43	m	m	PROPN
ajfa-3366	236	44	e	e	PROPN
ajfa-3366	236	45	t	t	PROPN
ajfa-3366	236	46	ec	ec	PROPN
ajfa-3366	236	47	h	h	PROPN
ajfa-3366	237	1	n	n	PROPN
ajfa-3366	237	2	ic	ic	PROPN
ajfa-3366	237	3	al	al	PROPN
ajfa-3366	237	4	r	r	NOUN
ajfa-3366	237	5	es	es	X
ajfa-3366	237	6	er	er	INTJ
ajfa-3366	237	7	ve	ve	VERB
ajfa-3366	237	8	s/	s/	NOUN
ajfa-3366	237	9	s	s	PROPN
ajfa-3366	237	10	h	h	NOUN
ajfa-3366	237	11	ar	ar	PROPN
ajfa-3366	237	12	eh	eh	INTJ
ajfa-3366	237	13	ol	ol	PROPN
ajfa-3366	238	1	d	d	AUX
ajfa-3366	238	2	er	er	INTJ
ajfa-3366	238	3	s	s	VERB
ajfa-3366	238	4	f	f	NOUN
ajfa-3366	238	5	u	u	PROPN
ajfa-3366	239	1	n	n	PROPN
ajfa-3366	239	2	d	d	PROPN
ajfa-3366	239	3	s	s	PROPN
ajfa-3366	239	4	t	t	PROPN
ajfa-3366	240	1	ec	ec	PROPN
ajfa-3366	240	2	h	h	PROPN
ajfa-3366	240	3	n	n	PROPN
ajfa-3366	240	4	ic	ic	PROPN
ajfa-3366	240	5	al	al	PROPN
ajfa-3366	240	6	r	r	NOUN
ajfa-3366	240	7	es	es	X
ajfa-3366	240	8	er	er	INTJ
ajfa-3366	240	9	ve	ve	NOUN
ajfa-3366	240	10	s	s	PART
ajfa-3366	240	11	+	+	NOUN
ajfa-3366	240	12	s	s	PART
ajfa-3366	240	13	h	h	NOUN
ajfa-3366	240	14	ar	ar	PROPN
ajfa-3366	240	15	eh	eh	INTJ
ajfa-3366	240	16	ol	ol	PROPN
ajfa-3366	241	1	d	d	AUX
ajfa-3366	241	2	er	er	INTJ
ajfa-3366	241	3	s	s	VERB
ajfa-3366	241	4	f	f	NOUN
ajfa-3366	241	5	u	u	NOUN
ajfa-3366	241	6	n	n	PROPN
ajfa-3366	241	7	d	d	NOUN
ajfa-3366	241	8	s/	s/	VERB
ajfa-3366	241	9	n	n	INTJ
ajfa-3366	241	10	et	et	NOUN
ajfa-3366	241	11	p	p	X
ajfa-3366	241	12	re	re	X
ajfa-3366	241	13	m	m	PROPN
ajfa-3366	241	14	iu	iu	ADP
ajfa-3366	241	15	m	m	PROPN
ajfa-3366	241	16	p	p	X
ajfa-3366	241	17	re	re	ADP
ajfa-3366	241	18	-t	-t	NOUN
ajfa-3366	241	19	ax	ax	NOUN
ajfa-3366	241	20	p	p	X
ajfa-3366	241	21	ro	ro	PROPN
ajfa-3366	241	22	fi	fi	NOUN
ajfa-3366	241	23	ts	ts	ADP
ajfa-3366	241	24	/	/	SYM
ajfa-3366	241	25	n	n	CCONJ
ajfa-3366	241	26	et	et	NOUN
ajfa-3366	241	27	p	p	X
ajfa-3366	241	28	re	re	X
ajfa-3366	241	29	m	m	PROPN
ajfa-3366	241	30	iu	iu	ADP
ajfa-3366	241	31	m	m	PROPN
ajfa-3366	241	32	isi	isi	PROPN
ajfa-3366	241	33	standard	standard	NOUN
ajfa-3366	241	34	<	<	X
ajfa-3366	241	35	300	300	NUM
ajfa-3366	241	36			PROPN
ajfa-3366	241	37	25	25	NUM
ajfa-3366	241	38	>	>	PUNCT
ajfa-3366	241	39	-25	-25	PUNCT
ajfa-3366	241	40	<	<	X
ajfa-3366	241	41	350	350	NUM
ajfa-3366	241	42	>	>	SYM
ajfa-3366	241	43	150	150	NUM
ajfa-3366	241	44	>	>	SYM
ajfa-3366	241	45	5	5	NUM
ajfa-3366	241	46	new	new	ADJ
ajfa-3366	241	47	india	india	PROPN
ajfa-3366	241	48	2004	2004	NUM
ajfa-3366	241	49	-	-	SYM
ajfa-3366	241	50	05	05	NUM
ajfa-3366	242	1	90.24	90.24	NUM
ajfa-3366	242	2	*	*	PUNCT
ajfa-3366	243	1	7.16	7.16	NUM
ajfa-3366	243	2	*	*	PUNCT
ajfa-3366	243	3	-118.90	-118.90	PROPN
ajfa-3366	243	4	*	*	PUNCT
ajfa-3366	243	5	*	*	PROPN
ajfa-3366	244	1	96.52	96.52	NUM
ajfa-3366	244	2	*	*	PUNCT
ajfa-3366	245	1	217.78	217.78	NUM
ajfa-3366	245	2	*	*	PUNCT
ajfa-3366	246	1	20.48	20.48	NUM
ajfa-3366	246	2	*	*	SYM
ajfa-3366	246	3	2005	2005	NUM
ajfa-3366	246	4	-	-	SYM
ajfa-3366	246	5	06	06	NUM
ajfa-3366	246	6	90.32	90.32	NUM
ajfa-3366	246	7	*	*	SYM
ajfa-3366	246	8	11.49	11.49	NUM
ajfa-3366	246	9	*	*	PUNCT
ajfa-3366	246	10	-148.67	-148.67	PROPN
ajfa-3366	246	11	*	*	PUNCT
ajfa-3366	246	12	*	*	PUNCT
ajfa-3366	246	13	95.84	95.84	NUM
ajfa-3366	246	14	*	*	PUNCT
ajfa-3366	247	1	216.83	216.83	NUM
ajfa-3366	247	2	*	*	PUNCT
ajfa-3366	247	3	19.70	19.70	NUM
ajfa-3366	247	4	*	*	SYM
ajfa-3366	247	5	2006	2006	NUM
ajfa-3366	247	6	-	-	SYM
ajfa-3366	247	7	07	07	NUM
ajfa-3366	247	8	75.33	75.33	NUM
ajfa-3366	247	9	*	*	NOUN
ajfa-3366	247	10	4.43	4.43	NUM
ajfa-3366	247	11	*	*	PUNCT
ajfa-3366	247	12	-75.57	-75.57	PROPN
ajfa-3366	247	13	*	*	PUNCT
ajfa-3366	247	14	*	*	PROPN
ajfa-3366	248	1	96.68	96.68	NUM
ajfa-3366	248	2	*	*	PUNCT
ajfa-3366	249	1	261.08	261.08	NUM
ajfa-3366	249	2	*	*	PUNCT
ajfa-3366	249	3	35.59	35.59	NUM
ajfa-3366	249	4	*	*	SYM
ajfa-3366	249	5	2007	2007	NUM
ajfa-3366	249	6	-	-	SYM
ajfa-3366	249	7	08	08	NUM
ajfa-3366	249	8	69.00	69.00	NUM
ajfa-3366	249	9	*	*	SYM
ajfa-3366	249	10	6.09	6.09	NUM
ajfa-3366	249	11	*	*	PUNCT
ajfa-3366	249	12	-85.19	-85.19	NOUN
ajfa-3366	249	13	*	*	PUNCT
ajfa-3366	249	14	*	*	PUNCT
ajfa-3366	250	1	97.13	97.13	NUM
ajfa-3366	250	2	*	*	PUNCT
ajfa-3366	251	1	285.69	285.69	NUM
ajfa-3366	251	2	*	*	PUNCT
ajfa-3366	251	3	31.62	31.62	NUM
ajfa-3366	251	4	*	*	SYM
ajfa-3366	251	5	2008	2008	NUM
ajfa-3366	251	6	-	-	SYM
ajfa-3366	251	7	09	09	NUM
ajfa-3366	251	8	71.69	71.69	NUM
ajfa-3366	251	9	*	*	NOUN
ajfa-3366	251	10	9.10	9.10	NUM
ajfa-3366	251	11	*	*	PUNCT
ajfa-3366	251	12	-192.97	-192.97	NOUN
ajfa-3366	251	13	*	*	X
ajfa-3366	251	14	*	*	NOUN
ajfa-3366	251	15	97.27	97.27	NUM
ajfa-3366	251	16	*	*	PUNCT
ajfa-3366	251	17	275.17	275.17	NUM
ajfa-3366	251	18	*	*	NOUN
ajfa-3366	251	19	5.66	5.66	NUM
ajfa-3366	251	20	*	*	PUNCT
ajfa-3366	251	21	oriental	oriental	ADJ
ajfa-3366	251	22	2004	2004	NUM
ajfa-3366	251	23	-	-	SYM
ajfa-3366	251	24	05	05	NUM
ajfa-3366	251	25	156.35	156.35	NUM
ajfa-3366	251	26	*	*	PUNCT
ajfa-3366	251	27	9.10	9.10	NUM
ajfa-3366	251	28	*	*	PUNCT
ajfa-3366	251	29	-236.54	-236.54	PROPN
ajfa-3366	251	30	*	*	PUNCT
ajfa-3366	251	31	*	*	PROPN
ajfa-3366	252	1	92.95	92.95	NUM
ajfa-3366	252	2	*	*	PUNCT
ajfa-3366	253	1	123.41	123.41	NUM
ajfa-3366	253	2	*	*	PUNCT
ajfa-3366	253	3	*	*	PUNCT
ajfa-3366	253	4	21.27	21.27	NUM
ajfa-3366	253	5	*	*	SYM
ajfa-3366	253	6	2005	2005	NUM
ajfa-3366	253	7	-	-	SYM
ajfa-3366	253	8	06	06	NUM
ajfa-3366	253	9	151.96	151.96	NUM
ajfa-3366	253	10	*	*	NOUN
ajfa-3366	253	11	12.73	12.73	NUM
ajfa-3366	253	12	*	*	PUNCT
ajfa-3366	253	13	-225.71	-225.71	PROPN
ajfa-3366	253	14	*	*	PUNCT
ajfa-3366	253	15	*	*	PROPN
ajfa-3366	254	1	93.92	93.92	NUM
ajfa-3366	254	2	*	*	PUNCT
ajfa-3366	254	3	127.62	127.62	NUM
ajfa-3366	254	4	*	*	PUNCT
ajfa-3366	254	5	*	*	PUNCT
ajfa-3366	255	1	13.37	13.37	NUM
ajfa-3366	255	2	*	*	SYM
ajfa-3366	255	3	2006	2006	NUM
ajfa-3366	255	4	-	-	SYM
ajfa-3366	255	5	07	07	NUM
ajfa-3366	255	6	132.83	132.83	NUM
ajfa-3366	255	7	*	*	SYM
ajfa-3366	255	8	7.61	7.61	NUM
ajfa-3366	255	9	*	*	PUNCT
ajfa-3366	255	10	-160.18	-160.18	NOUN
ajfa-3366	255	11	*	*	PUNCT
ajfa-3366	255	12	*	*	PUNCT
ajfa-3366	255	13	95.06	95.06	NUM
ajfa-3366	255	14	*	*	SYM
ajfa-3366	255	15	146.86	146.86	NUM
ajfa-3366	255	16	*	*	NOUN
ajfa-3366	255	17	*	*	PUNCT
ajfa-3366	255	18	23.40	23.40	NUM
ajfa-3366	255	19	*	*	SYM
ajfa-3366	255	20	2007	2007	NUM
ajfa-3366	255	21	-	-	SYM
ajfa-3366	255	22	08	08	NUM
ajfa-3366	255	23	141.94	141.94	NUM
ajfa-3366	255	24	*	*	NOUN
ajfa-3366	255	25	6.89	6.89	NUM
ajfa-3366	255	26	*	*	PUNCT
ajfa-3366	255	27	-198.94	-198.94	PROPN
ajfa-3366	255	28	*	*	PUNCT
ajfa-3366	255	29	*	*	PROPN
ajfa-3366	255	30	95.06	95.06	NUM
ajfa-3366	255	31	*	*	X
ajfa-3366	255	32	137.42	137.42	NUM
ajfa-3366	255	33	*	*	X
ajfa-3366	255	34	*	*	PUNCT
ajfa-3366	255	35	15.38	15.38	NUM
ajfa-3366	255	36	*	*	SYM
ajfa-3366	255	37	2008	2008	NUM
ajfa-3366	255	38	-	-	SYM
ajfa-3366	255	39	09	09	NUM
ajfa-3366	255	40	155.39	155.39	NUM
ajfa-3366	255	41	*	*	NOUN
ajfa-3366	255	42	6.63	6.63	NUM
ajfa-3366	255	43	*	*	PUNCT
ajfa-3366	255	44	-392.85	-392.85	PROPN
ajfa-3366	255	45	*	*	PUNCT
ajfa-3366	255	46	*	*	PROPN
ajfa-3366	255	47	94.93	94.93	NUM
ajfa-3366	255	48	*	*	X
ajfa-3366	255	49	125.45	125.45	NUM
ajfa-3366	255	50	*	*	NOUN
ajfa-3366	255	51	*	*	PUNCT
ajfa-3366	255	52	-2.88	-2.88	PUNCT
ajfa-3366	255	53	*	*	PUNCT
ajfa-3366	255	54	*	*	ADJ
ajfa-3366	255	55	national	national	ADJ
ajfa-3366	255	56	2004	2004	NUM
ajfa-3366	255	57	-	-	SYM
ajfa-3366	255	58	05	05	NUM
ajfa-3366	256	1	232.86	232.86	NUM
ajfa-3366	256	2	*	*	PUNCT
ajfa-3366	256	3	12.90	12.90	NUM
ajfa-3366	256	4	*	*	PUNCT
ajfa-3366	256	5	-352.92	-352.92	NOUN
ajfa-3366	256	6	*	*	PUNCT
ajfa-3366	256	7	*	*	PUNCT
ajfa-3366	257	1	91.78	91.78	NUM
ajfa-3366	257	2	*	*	PUNCT
ajfa-3366	257	3	82.36	82.36	NUM
ajfa-3366	257	4	*	*	SYM
ajfa-3366	257	5	*	*	PUNCT
ajfa-3366	257	6	4.99	4.99	NUM
ajfa-3366	257	7	*	*	PUNCT
ajfa-3366	257	8	*	*	PUNCT
ajfa-3366	257	9	2005	2005	NUM
ajfa-3366	257	10	-	-	SYM
ajfa-3366	257	11	06	06	NUM
ajfa-3366	257	12	241.71	241.71	NUM
ajfa-3366	257	13	*	*	PUNCT
ajfa-3366	257	14	-5.27	-5.27	PROPN
ajfa-3366	257	15	*	*	PUNCT
ajfa-3366	257	16	-484.48	-484.48	PROPN
ajfa-3366	257	17	*	*	PROPN
ajfa-3366	257	18	*	*	PROPN
ajfa-3366	257	19	90.99	90.99	NUM
ajfa-3366	257	20	*	*	PUNCT
ajfa-3366	257	21	79.02	79.02	NUM
ajfa-3366	257	22	*	*	PUNCT
ajfa-3366	257	23	*	*	PUNCT
ajfa-3366	257	24	-2.22	-2.22	X
ajfa-3366	257	25	*	*	PROPN
ajfa-3366	257	26	*	*	PROPN
ajfa-3366	257	27	2006	2006	NUM
ajfa-3366	257	28	-	-	SYM
ajfa-3366	257	29	07	07	NUM
ajfa-3366	257	30	193.07	193.07	NUM
ajfa-3366	257	31	*	*	NOUN
ajfa-3366	257	32	3.15	3.15	NUM
ajfa-3366	257	33	*	*	PUNCT
ajfa-3366	257	34	-272.58	-272.58	PROPN
ajfa-3366	257	35	*	*	PROPN
ajfa-3366	257	36	*	*	NOUN
ajfa-3366	258	1	93.02	93.02	NUM
ajfa-3366	258	2	*	*	PUNCT
ajfa-3366	258	3	99.98	99.98	NUM
ajfa-3366	258	4	*	*	PUNCT
ajfa-3366	258	5	*	*	X
ajfa-3366	259	1	16.47	16.47	NUM
ajfa-3366	259	2	*	*	SYM
ajfa-3366	259	3	2007	2007	NUM
ajfa-3366	259	4	-	-	SYM
ajfa-3366	259	5	08	08	NUM
ajfa-3366	259	6	193.66	193.66	NUM
ajfa-3366	259	7	*	*	SYM
ajfa-3366	259	8	9.07	9.07	NUM
ajfa-3366	259	9	*	*	PUNCT
ajfa-3366	259	10	-339.37	-339.37	PROPN
ajfa-3366	259	11	*	*	PROPN
ajfa-3366	259	12	*	*	PROPN
ajfa-3366	259	13	93.58	93.58	NUM
ajfa-3366	259	14	*	*	PUNCT
ajfa-3366	259	15	99.96	99.96	NUM
ajfa-3366	259	16	*	*	SYM
ajfa-3366	259	17	*	*	PUNCT
ajfa-3366	259	18	5.70	5.70	NUM
ajfa-3366	259	19	*	*	SYM
ajfa-3366	259	20	2008	2008	NUM
ajfa-3366	259	21	-	-	SYM
ajfa-3366	259	22	09	09	NUM
ajfa-3366	259	23	242.81	242.81	NUM
ajfa-3366	259	24	*	*	PUNCT
ajfa-3366	259	25	13.38	13.38	NUM
ajfa-3366	259	26	*	*	PUNCT
ajfa-3366	259	27	-475.77	-475.77	PUNCT
ajfa-3366	259	28	*	*	PUNCT
ajfa-3366	259	29	*	*	PUNCT
ajfa-3366	259	30	92.91	92.91	NUM
ajfa-3366	259	31	*	*	PUNCT
ajfa-3366	259	32	79.45	79.45	NUM
ajfa-3366	259	33	*	*	PUNCT
ajfa-3366	259	34	*	*	PUNCT
ajfa-3366	259	35	-3.90	-3.90	PRON
ajfa-3366	259	36	*	*	PUNCT
ajfa-3366	259	37	*	*	ADJ
ajfa-3366	259	38	united	united	PROPN
ajfa-3366	259	39	2004	2004	PROPN
ajfa-3366	259	40	-	-	SYM
ajfa-3366	259	41	05	05	NUM
ajfa-3366	259	42	107.05	107.05	NUM
ajfa-3366	259	43	*	*	SYM
ajfa-3366	259	44	0.99	0.99	NUM
ajfa-3366	259	45	*	*	PUNCT
ajfa-3366	259	46	-246.00	-246.00	PROPN
ajfa-3366	259	47	*	*	PROPN
ajfa-3366	259	48	*	*	PROPN
ajfa-3366	259	49	95.07	95.07	NUM
ajfa-3366	259	50	*	*	SYM
ajfa-3366	259	51	182.23	182.23	NUM
ajfa-3366	259	52	*	*	SYM
ajfa-3366	259	53	14.65	14.65	NUM
ajfa-3366	259	54	*	*	SYM
ajfa-3366	259	55	2005	2005	NUM
ajfa-3366	259	56	-	-	SYM
ajfa-3366	259	57	06	06	NUM
ajfa-3366	259	58	94.42	94.42	NUM
ajfa-3366	259	59	*	*	SYM
ajfa-3366	259	60	2.45	2.45	NUM
ajfa-3366	259	61	*	*	PUNCT
ajfa-3366	259	62	-212.61	-212.61	PROPN
ajfa-3366	259	63	*	*	PUNCT
ajfa-3366	259	64	*	*	PROPN
ajfa-3366	259	65	95.76	95.76	NUM
ajfa-3366	259	66	*	*	PUNCT
ajfa-3366	260	1	207.33	207.33	NUM
ajfa-3366	260	2	*	*	PUNCT
ajfa-3366	260	3	20.34	20.34	NUM
ajfa-3366	260	4	*	*	SYM
ajfa-3366	260	5	2006	2006	NUM
ajfa-3366	260	6	-	-	SYM
ajfa-3366	260	7	07	07	NUM
ajfa-3366	260	8	87.51	87.51	NUM
ajfa-3366	260	9	*	*	PUNCT
ajfa-3366	260	10	6.62	6.62	NUM
ajfa-3366	260	11	*	*	PUNCT
ajfa-3366	260	12	-170.78	-170.78	PROPN
ajfa-3366	260	13	*	*	X
ajfa-3366	260	14	*	*	PUNCT
ajfa-3366	261	1	96.31	96.31	NUM
ajfa-3366	261	2	*	*	PUNCT
ajfa-3366	262	1	224.32	224.32	NUM
ajfa-3366	262	2	*	*	PUNCT
ajfa-3366	262	3	21.93	21.93	NUM
ajfa-3366	262	4	*	*	SYM
ajfa-3366	262	5	2007	2007	NUM
ajfa-3366	262	6	-	-	SYM
ajfa-3366	262	7	08	08	NUM
ajfa-3366	262	8	84.69	84.69	NUM
ajfa-3366	262	9	*	*	SYM
ajfa-3366	262	10	13.86	13.86	NUM
ajfa-3366	262	11	*	*	PUNCT
ajfa-3366	262	12	-154.85	-154.85	NOUN
ajfa-3366	262	13	*	*	PUNCT
ajfa-3366	262	14	*	*	PUNCT
ajfa-3366	263	1	96.87	96.87	NUM
ajfa-3366	263	2	*	*	PUNCT
ajfa-3366	264	1	232.46	232.46	NUM
ajfa-3366	264	2	*	*	PUNCT
ajfa-3366	264	3	24.36	24.36	NUM
ajfa-3366	264	4	*	*	SYM
ajfa-3366	264	5	2008	2008	NUM
ajfa-3366	264	6	-	-	SYM
ajfa-3366	264	7	09	09	NUM
ajfa-3366	264	8	89.77	89.77	NUM
ajfa-3366	264	9	*	*	NOUN
ajfa-3366	264	10	18.39	18.39	NUM
ajfa-3366	264	11	*	*	PUNCT
ajfa-3366	264	12	-134.98	-134.98	ADJ
ajfa-3366	264	13	*	*	PUNCT
ajfa-3366	264	14	*	*	PUNCT
ajfa-3366	265	1	97.19	97.19	NUM
ajfa-3366	265	2	*	*	SYM
ajfa-3366	265	3	219.66	219.66	NUM
ajfa-3366	265	4	*	*	SYM
ajfa-3366	265	5	15.72	15.72	NUM
ajfa-3366	265	6	*	*	NUM
ajfa-3366	265	7	source	source	NOUN
ajfa-3366	265	8	:	:	PUNCT
ajfa-3366	265	9	compiled	compile	VERB
ajfa-3366	265	10	and	and	CCONJ
ajfa-3366	265	11	computed	compute	VERB
ajfa-3366	265	12	from	from	ADP
ajfa-3366	265	13	the	the	DET
ajfa-3366	265	14	annual	annual	ADJ
ajfa-3366	265	15	reports	report	NOUN
ajfa-3366	265	16	various	various	ADJ
ajfa-3366	265	17	public	public	ADJ
ajfa-3366	265	18	sector	sector	NOUN
ajfa-3366	265	19	insurance	insurance	NOUN
ajfa-3366	265	20	companies	company	NOUN
ajfa-3366	265	21	from	from	ADP
ajfa-3366	265	22	2004	2004	NUM
ajfa-3366	265	23	-	-	SYM
ajfa-3366	265	24	05	05	NUM
ajfa-3366	265	25	to	to	ADP
ajfa-3366	265	26	2008	2008	NUM
ajfa-3366	265	27	-	-	SYM
ajfa-3366	265	28	09	09	NUM
ajfa-3366	265	29	.	.	PUNCT
ajfa-3366	266	1	*	*	PUNCT
ajfa-3366	266	2	meets	meet	VERB
ajfa-3366	266	3	isi	isi	PROPN
ajfa-3366	266	4	standard	standard	PROPN
ajfa-3366	266	5	*	*	PUNCT
ajfa-3366	266	6	*	*	PUNCT
ajfa-3366	266	7	does	do	AUX
ajfa-3366	266	8	not	not	PART
ajfa-3366	266	9	meet	meet	VERB
ajfa-3366	266	10	isi	isi	PROPN
ajfa-3366	266	11	standard	standard	ADJ
ajfa-3366	266	12	asian	asian	ADJ
ajfa-3366	266	13	journal	journal	NOUN
ajfa-3366	266	14	of	of	ADP
ajfa-3366	266	15	finance	finance	PROPN
ajfa-3366	266	16	&	&	CCONJ
ajfa-3366	266	17	accounting	accounting	PROPN
ajfa-3366	266	18	issn	issn	PROPN
ajfa-3366	266	19	1946	1946	NUM
ajfa-3366	266	20	-	-	PUNCT
ajfa-3366	266	21	052x	052x	NOUN
ajfa-3366	266	22	2013	2013	NUM
ajfa-3366	266	23	,	,	PUNCT
ajfa-3366	266	24	vol	vol	NOUN
ajfa-3366	266	25	.	.	PROPN
ajfa-3366	266	26	5	5	NUM
ajfa-3366	266	27	,	,	PUNCT
ajfa-3366	266	28	no	no	INTJ
ajfa-3366	266	29	.	.	NOUN
ajfa-3366	266	30	1	1	NUM
ajfa-3366	266	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	266	32	318	318	NUM
ajfa-3366	266	33	table	table	NOUN
ajfa-3366	266	34	2	2	NUM
ajfa-3366	266	35	.	.	PUNCT
ajfa-3366	267	1	analysis	analysis	NOUN
ajfa-3366	267	2	of	of	ADP
ajfa-3366	267	3	isi	isi	PROPN
ajfa-3366	267	4	standard	standard	ADJ
ajfa-3366	267	5	benchmark	benchmark	NOUN
ajfa-3366	267	6	of	of	ADP
ajfa-3366	267	7	private	private	ADJ
ajfa-3366	267	8	sector	sector	NOUN
ajfa-3366	267	9	insurers	insurer	NOUN
ajfa-3366	267	10	companies	company	NOUN
ajfa-3366	267	11	years	year	NOUN
ajfa-3366	267	12	n	n	PRON
ajfa-3366	267	13	et	et	NOUN
ajfa-3366	267	14	p	p	X
ajfa-3366	267	15	re	re	X
ajfa-3366	267	16	m	m	PROPN
ajfa-3366	267	17	iu	iu	ADP
ajfa-3366	267	18	m	m	PROPN
ajfa-3366	267	19	s/	s/	NOUN
ajfa-3366	267	20	s	s	PROPN
ajfa-3366	267	21	h	h	NOUN
ajfa-3366	267	22	ar	ar	PROPN
ajfa-3366	267	23	eh	eh	INTJ
ajfa-3366	267	24	ol	ol	PROPN
ajfa-3366	267	25	d	d	PROPN
ajfa-3366	267	26	e	e	PROPN
ajfa-3366	267	27	rs	rs	PROPN
ajfa-3366	267	28	f	f	PROPN
ajfa-3366	267	29	u	u	PROPN
ajfa-3366	267	30	n	n	PROPN
ajfa-3366	267	31	d	d	NOUN
ajfa-3366	267	32	s	s	PROPN
ajfa-3366	267	33	c	c	X
ajfa-3366	267	34	ha	ha	INTJ
ajfa-3366	267	35	ng	ng	PROPN
ajfa-3366	267	36	e	e	PROPN
ajfa-3366	267	37	in	in	ADP
ajfa-3366	267	38	n	n	PRON
ajfa-3366	267	39	et	et	NOUN
ajfa-3366	267	40	p	p	NOUN
ajfa-3366	267	41	re	re	X
ajfa-3366	267	42	m	m	PROPN
ajfa-3366	267	43	iu	iu	ADP
ajfa-3366	267	44	m	m	PROPN
ajfa-3366	267	45	u	u	NOUN
ajfa-3366	267	46	n	n	PROPN
ajfa-3366	267	47	d	d	X
ajfa-3366	267	48	er	er	INTJ
ajfa-3366	267	49	w	w	PROPN
ajfa-3366	267	50	ri	ri	NOUN
ajfa-3366	267	51	ti	ti	PROPN
ajfa-3366	267	52	n	n	PRON
ajfa-3366	267	53	g	g	PROPN
ajfa-3366	267	54	p	p	X
ajfa-3366	267	55	ro	ro	PROPN
ajfa-3366	267	56	fi	fi	NOUN
ajfa-3366	267	57	ts	ts	ADV
ajfa-3366	267	58	/i	/i	PUNCT
ajfa-3366	267	59	n	n	CCONJ
ajfa-3366	267	60	ve	ve	VERB
ajfa-3366	267	61	st	st	PROPN
ajfa-3366	267	62	m	m	PROPN
ajfa-3366	267	63	en	en	PROPN
ajfa-3366	267	64	t	t	PROPN
ajfa-3366	267	65	t	t	PROPN
ajfa-3366	267	66	ec	ec	PROPN
ajfa-3366	267	67	h	h	PROPN
ajfa-3366	268	1	n	n	PROPN
ajfa-3366	269	1	ic	ic	PROPN
ajfa-3366	269	2	al	al	PROPN
ajfa-3366	269	3	r	r	NOUN
ajfa-3366	269	4	es	es	X
ajfa-3366	269	5	er	er	INTJ
ajfa-3366	269	6	ve	ve	VERB
ajfa-3366	269	7	s/	s/	NOUN
ajfa-3366	269	8	s	s	PROPN
ajfa-3366	269	9	h	h	NOUN
ajfa-3366	269	10	ar	ar	PROPN
ajfa-3366	269	11	eh	eh	INTJ
ajfa-3366	269	12	ol	ol	PROPN
ajfa-3366	270	1	d	d	PROPN
ajfa-3366	270	2	er	er	INTJ
ajfa-3366	270	3	s	s	VERB
ajfa-3366	270	4	r	r	NOUN
ajfa-3366	270	5	es	es	X
ajfa-3366	270	6	er	er	INTJ
ajfa-3366	270	7	ve	ve	NOUN
ajfa-3366	270	8	s	s	PART
ajfa-3366	270	9	+	+	NOUN
ajfa-3366	270	10	s	s	PART
ajfa-3366	270	11	h	h	NOUN
ajfa-3366	270	12	ar	ar	PROPN
ajfa-3366	270	13	eh	eh	INTJ
ajfa-3366	270	14	ol	ol	PROPN
ajfa-3366	270	15	d	d	PROPN
ajfa-3366	270	16	e	e	PROPN
ajfa-3366	270	17	rs	rs	PROPN
ajfa-3366	270	18	f	f	PROPN
ajfa-3366	270	19	u	u	PROPN
ajfa-3366	270	20	n	n	PROPN
ajfa-3366	270	21	d	d	NOUN
ajfa-3366	270	22	s/	s/	VERB
ajfa-3366	270	23	n	n	INTJ
ajfa-3366	270	24	et	et	NOUN
ajfa-3366	270	25	p	p	NOUN
ajfa-3366	270	26	re	re	ADP
ajfa-3366	270	27	-t	-t	X
ajfa-3366	270	28	ax	ax	NOUN
ajfa-3366	270	29	p	p	X
ajfa-3366	270	30	ro	ro	PROPN
ajfa-3366	270	31	fi	fi	NOUN
ajfa-3366	270	32	ts	ts	ADP
ajfa-3366	270	33	/	/	SYM
ajfa-3366	270	34	n	n	CCONJ
ajfa-3366	270	35	et	et	PROPN
ajfa-3366	270	36	isi	isi	PROPN
ajfa-3366	270	37	standard	standard	PROPN
ajfa-3366	270	38	<	<	X
ajfa-3366	270	39	300	300	NUM
ajfa-3366	270	40			PROPN
ajfa-3366	270	41	25	25	NUM
ajfa-3366	270	42	>	>	PUNCT
ajfa-3366	270	43	-25	-25	PUNCT
ajfa-3366	270	44	<	<	X
ajfa-3366	270	45	350	350	NUM
ajfa-3366	270	46	>	>	SYM
ajfa-3366	270	47	150	150	NUM
ajfa-3366	270	48	>	>	SYM
ajfa-3366	270	49	5	5	NUM
ajfa-3366	270	50	royal	royal	PROPN
ajfa-3366	270	51	sundaram	sundaram	PROPN
ajfa-3366	270	52	2004	2004	NUM
ajfa-3366	270	53	-	-	SYM
ajfa-3366	270	54	05	05	NUM
ajfa-3366	270	55	155.09	155.09	NUM
ajfa-3366	270	56	*	*	PUNCT
ajfa-3366	270	57	28.99	28.99	NUM
ajfa-3366	270	58	*	*	PUNCT
ajfa-3366	270	59	*	*	PUNCT
ajfa-3366	270	60	-154.17	-154.17	PROPN
ajfa-3366	270	61	*	*	PROPN
ajfa-3366	270	62	*	*	PUNCT
ajfa-3366	270	63	64.48	64.48	NUM
ajfa-3366	270	64	*	*	X
ajfa-3366	270	65	*	*	PUNCT
ajfa-3366	270	66	2.65	2.65	NUM
ajfa-3366	270	67	*	*	SYM
ajfa-3366	270	68	*	*	PUNCT
ajfa-3366	270	69	2005	2005	NUM
ajfa-3366	270	70	-	-	SYM
ajfa-3366	270	71	06	06	NUM
ajfa-3366	270	72	212.06	212.06	NUM
ajfa-3366	270	73	*	*	NOUN
ajfa-3366	270	74	47.25	47.25	NUM
ajfa-3366	270	75	*	*	PUNCT
ajfa-3366	270	76	*	*	PUNCT
ajfa-3366	270	77	-154.30	-154.30	PROPN
ajfa-3366	270	78	*	*	PUNCT
ajfa-3366	270	79	*	*	PUNCT
ajfa-3366	270	80	47.16	47.16	NUM
ajfa-3366	270	81	*	*	PUNCT
ajfa-3366	270	82	*	*	PUNCT
ajfa-3366	270	83	3.42	3.42	NUM
ajfa-3366	270	84	*	*	PUNCT
ajfa-3366	270	85	*	*	PUNCT
ajfa-3366	270	86	2006	2006	NUM
ajfa-3366	270	87	-	-	SYM
ajfa-3366	270	88	07	07	NUM
ajfa-3366	270	89	234.19	234.19	NUM
ajfa-3366	270	90	*	*	SYM
ajfa-3366	270	91	12.36	12.36	NUM
ajfa-3366	270	92	*	*	PUNCT
ajfa-3366	270	93	-56.32	-56.32	PROPN
ajfa-3366	270	94	*	*	PUNCT
ajfa-3366	270	95	*	*	PROPN
ajfa-3366	270	96	1.71	1.71	NUM
ajfa-3366	270	97	*	*	PUNCT
ajfa-3366	270	98	43.43	43.43	NUM
ajfa-3366	270	99	*	*	PUNCT
ajfa-3366	270	100	*	*	NOUN
ajfa-3366	270	101	8.15	8.15	NUM
ajfa-3366	270	102	*	*	SYM
ajfa-3366	270	103	2007	2007	NUM
ajfa-3366	270	104	-	-	SYM
ajfa-3366	270	105	08	08	NUM
ajfa-3366	270	106	251.66	251.66	NUM
ajfa-3366	270	107	*	*	PUNCT
ajfa-3366	270	108	33.65	33.65	NUM
ajfa-3366	270	109	*	*	X
ajfa-3366	270	110	*	*	PUNCT
ajfa-3366	270	111	-328.74	-328.74	PROPN
ajfa-3366	270	112	*	*	PROPN
ajfa-3366	270	113	*	*	PUNCT
ajfa-3366	270	114	4.04	4.04	NUM
ajfa-3366	270	115	*	*	NUM
ajfa-3366	270	116	41.34	41.34	NUM
ajfa-3366	270	117	*	*	NOUN
ajfa-3366	270	118	*	*	PUNCT
ajfa-3366	270	119	1.07	1.07	NUM
ajfa-3366	270	120	*	*	NOUN
ajfa-3366	270	121	*	*	PUNCT
ajfa-3366	270	122	2008	2008	NUM
ajfa-3366	270	123	-	-	SYM
ajfa-3366	270	124	09	09	NUM
ajfa-3366	270	125	268.40	268.40	NUM
ajfa-3366	270	126	*	*	PUNCT
ajfa-3366	270	127	34.15	34.15	NUM
ajfa-3366	270	128	*	*	PUNCT
ajfa-3366	270	129	*	*	PUNCT
ajfa-3366	271	1	-345.26	-345.26	VERB
ajfa-3366	271	2	*	*	PUNCT
ajfa-3366	271	3	*	*	PUNCT
ajfa-3366	271	4	5.75	5.75	NUM
ajfa-3366	271	5	*	*	PUNCT
ajfa-3366	271	6	39.40	39.40	NUM
ajfa-3366	271	7	*	*	PUNCT
ajfa-3366	271	8	*	*	PUNCT
ajfa-3366	271	9	1.63	1.63	NUM
ajfa-3366	271	10	*	*	PUNCT
ajfa-3366	271	11	*	*	PROPN
ajfa-3366	271	12	bajaj	bajaj	PROPN
ajfa-3366	271	13	allianz	allianz	PROPN
ajfa-3366	271	14	2004	2004	NUM
ajfa-3366	271	15	-	-	SYM
ajfa-3366	271	16	05	05	NUM
ajfa-3366	272	1	268.34	268.34	NUM
ajfa-3366	272	2	*	*	PUNCT
ajfa-3366	273	1	67.34	67.34	NUM
ajfa-3366	273	2	*	*	PUNCT
ajfa-3366	273	3	*	*	PUNCT
ajfa-3366	274	1	361.42	361.42	NUM
ajfa-3366	274	2	*	*	PUNCT
ajfa-3366	274	3	38.51	38.51	NUM
ajfa-3366	274	4	*	*	PUNCT
ajfa-3366	275	1	51.62	51.62	NUM
ajfa-3366	275	2	*	*	PUNCT
ajfa-3366	275	3	*	*	X
ajfa-3366	275	4	16.06	16.06	NUM
ajfa-3366	275	5	*	*	SYM
ajfa-3366	275	6	2005	2005	NUM
ajfa-3366	275	7	-	-	SYM
ajfa-3366	275	8	06	06	NUM
ajfa-3366	276	1	261.61	261.61	NUM
ajfa-3366	276	2	*	*	PUNCT
ajfa-3366	276	3	45.78	45.78	NUM
ajfa-3366	276	4	*	*	X
ajfa-3366	276	5	*	*	PUNCT
ajfa-3366	276	6	206.94	206.94	NUM
ajfa-3366	276	7	*	*	PUNCT
ajfa-3366	276	8	58.79	58.79	NUM
ajfa-3366	276	9	*	*	PUNCT
ajfa-3366	276	10	60.70	60.70	NUM
ajfa-3366	276	11	*	*	PUNCT
ajfa-3366	276	12	*	*	PUNCT
ajfa-3366	276	13	11.71	11.71	NUM
ajfa-3366	276	14	*	*	SYM
ajfa-3366	276	15	2006	2006	NUM
ajfa-3366	276	16	-	-	SYM
ajfa-3366	276	17	07	07	NUM
ajfa-3366	276	18	207.86	207.86	NUM
ajfa-3366	276	19	*	*	PUNCT
ajfa-3366	277	1	20.01	20.01	NUM
ajfa-3366	277	2	*	*	PUNCT
ajfa-3366	277	3	69.25	69.25	NUM
ajfa-3366	277	4	*	*	SYM
ajfa-3366	277	5	72.70	72.70	NUM
ajfa-3366	277	6	*	*	PUNCT
ajfa-3366	277	7	83.08	83.08	NUM
ajfa-3366	277	8	*	*	SYM
ajfa-3366	277	9	*	*	PUNCT
ajfa-3366	277	10	13.96	13.96	NUM
ajfa-3366	277	11	*	*	SYM
ajfa-3366	277	12	2007	2007	NUM
ajfa-3366	277	13	-	-	SYM
ajfa-3366	277	14	08	08	NUM
ajfa-3366	277	15	245.18	245.18	NUM
ajfa-3366	277	16	*	*	PUNCT
ajfa-3366	278	1	68.80	68.80	NUM
ajfa-3366	278	2	*	*	PUNCT
ajfa-3366	278	3	*	*	PUNCT
ajfa-3366	278	4	-67.56	-67.56	PROPN
ajfa-3366	278	5	*	*	X
ajfa-3366	278	6	*	*	X
ajfa-3366	278	7	80.91	80.91	NUM
ajfa-3366	278	8	*	*	PUNCT
ajfa-3366	279	1	73.79	73.79	NUM
ajfa-3366	279	2	*	*	PUNCT
ajfa-3366	279	3	*	*	PUNCT
ajfa-3366	279	4	11.86	11.86	NUM
ajfa-3366	279	5	*	*	SYM
ajfa-3366	279	6	2008	2008	NUM
ajfa-3366	279	7	-	-	SYM
ajfa-3366	279	8	09	09	NUM
ajfa-3366	279	9	281.24	281.24	NUM
ajfa-3366	279	10	*	*	PUNCT
ajfa-3366	279	11	33.62	33.62	NUM
ajfa-3366	279	12	*	*	NOUN
ajfa-3366	279	13	*	*	PUNCT
ajfa-3366	279	14	-171.25	-171.25	NOUN
ajfa-3366	279	15	*	*	PUNCT
ajfa-3366	279	16	*	*	PUNCT
ajfa-3366	280	1	83.61	83.61	NUM
ajfa-3366	280	2	*	*	SYM
ajfa-3366	280	3	65.28	65.28	NUM
ajfa-3366	280	4	*	*	PUNCT
ajfa-3366	280	5	*	*	PUNCT
ajfa-3366	280	6	7.92	7.92	NUM
ajfa-3366	280	7	*	*	PUNCT
ajfa-3366	280	8	tata	tata	PROPN
ajfa-3366	280	9	aig	aig	PROPN
ajfa-3366	280	10	2004	2004	PROPN
ajfa-3366	280	11	-	-	SYM
ajfa-3366	280	12	05	05	NUM
ajfa-3366	280	13	207.82	207.82	NUM
ajfa-3366	280	14	*	*	PUNCT
ajfa-3366	281	1	37.71	37.71	NUM
ajfa-3366	281	2	*	*	X
ajfa-3366	281	3	*	*	X
ajfa-3366	282	1	22.94	22.94	NUM
ajfa-3366	282	2	*	*	SYM
ajfa-3366	282	3	48.12	48.12	NUM
ajfa-3366	282	4	*	*	PUNCT
ajfa-3366	282	5	*	*	NOUN
ajfa-3366	282	6	9.39	9.39	NUM
ajfa-3366	282	7	*	*	SYM
ajfa-3366	282	8	2005	2005	NUM
ajfa-3366	282	9	-	-	SYM
ajfa-3366	282	10	06	06	NUM
ajfa-3366	283	1	172.70	172.70	NUM
ajfa-3366	283	2	*	*	PUNCT
ajfa-3366	283	3	29.64	29.64	NUM
ajfa-3366	283	4	*	*	PUNCT
ajfa-3366	283	5	*	*	NOUN
ajfa-3366	283	6	-4.44	-4.44	PUNCT
ajfa-3366	283	7	*	*	PUNCT
ajfa-3366	283	8	57.90	57.90	NUM
ajfa-3366	283	9	*	*	PUNCT
ajfa-3366	283	10	*	*	PUNCT
ajfa-3366	283	11	7.98	7.98	NUM
ajfa-3366	283	12	*	*	NUM
ajfa-3366	283	13	2006	2006	NUM
ajfa-3366	283	14	-	-	SYM
ajfa-3366	283	15	07	07	NUM
ajfa-3366	283	16	156.54	156.54	NUM
ajfa-3366	283	17	*	*	PUNCT
ajfa-3366	283	18	13.33	13.33	NUM
ajfa-3366	283	19	*	*	PUNCT
ajfa-3366	283	20	-42.11	-42.11	PUNCT
ajfa-3366	283	21	*	*	NOUN
ajfa-3366	283	22	*	*	NOUN
ajfa-3366	283	23	7.71	7.71	NUM
ajfa-3366	283	24	*	*	PUNCT
ajfa-3366	284	1	68.81	68.81	NUM
ajfa-3366	284	2	*	*	PUNCT
ajfa-3366	284	3	*	*	NOUN
ajfa-3366	284	4	8.66	8.66	NUM
ajfa-3366	284	5	*	*	SYM
ajfa-3366	284	6	2007	2007	NUM
ajfa-3366	284	7	-	-	SYM
ajfa-3366	284	8	08	08	NUM
ajfa-3366	284	9	174.57	174.57	NUM
ajfa-3366	284	10	*	*	SYM
ajfa-3366	284	11	18.92	18.92	NUM
ajfa-3366	284	12	*	*	PUNCT
ajfa-3366	284	13	-128.10	-128.10	PROPN
ajfa-3366	284	14	*	*	PROPN
ajfa-3366	284	15	*	*	PROPN
ajfa-3366	284	16	13.45	13.45	NUM
ajfa-3366	284	17	*	*	PUNCT
ajfa-3366	284	18	64.99	64.99	NUM
ajfa-3366	284	19	*	*	PUNCT
ajfa-3366	284	20	*	*	PUNCT
ajfa-3366	285	1	5.93	5.93	NUM
ajfa-3366	285	2	*	*	SYM
ajfa-3366	285	3	2008	2008	NUM
ajfa-3366	285	4	-	-	SYM
ajfa-3366	285	5	09	09	NUM
ajfa-3366	285	6	173.19	173.19	NUM
ajfa-3366	285	7	*	*	PUNCT
ajfa-3366	286	1	29.44	29.44	NUM
ajfa-3366	286	2	*	*	X
ajfa-3366	286	3	*	*	PUNCT
ajfa-3366	286	4	-251.70	-251.70	PROPN
ajfa-3366	286	5	*	*	PUNCT
ajfa-3366	286	6	*	*	PUNCT
ajfa-3366	287	1	11.56	11.56	NUM
ajfa-3366	287	2	*	*	PUNCT
ajfa-3366	287	3	64.41	64.41	NUM
ajfa-3366	287	4	*	*	PUNCT
ajfa-3366	287	5	*	*	PUNCT
ajfa-3366	287	6	1.62	1.62	NUM
ajfa-3366	287	7	*	*	PUNCT
ajfa-3366	287	8	*	*	PROPN
ajfa-3366	287	9	reliance	reliance	NOUN
ajfa-3366	287	10	2004	2004	NUM
ajfa-3366	287	11	-	-	SYM
ajfa-3366	287	12	05	05	NUM
ajfa-3366	288	1	44.77	44.77	NUM
ajfa-3366	288	2	*	*	PUNCT
ajfa-3366	289	1	79.33	79.33	NUM
ajfa-3366	289	2	*	*	PUNCT
ajfa-3366	289	3	*	*	PUNCT
ajfa-3366	289	4	-54.89	-54.89	PUNCT
ajfa-3366	289	5	*	*	PUNCT
ajfa-3366	289	6	*	*	PUNCT
ajfa-3366	290	1	26.30	26.30	NUM
ajfa-3366	290	2	*	*	PUNCT
ajfa-3366	291	1	282.14	282.14	NUM
ajfa-3366	291	2	*	*	PUNCT
ajfa-3366	291	3	11.64	11.64	NUM
ajfa-3366	291	4	*	*	SYM
ajfa-3366	291	5	2005	2005	NUM
ajfa-3366	291	6	-	-	SYM
ajfa-3366	291	7	06	06	NUM
ajfa-3366	292	1	36.35	36.35	NUM
ajfa-3366	292	2	*	*	PUNCT
ajfa-3366	292	3	-10.36	-10.36	PUNCT
ajfa-3366	292	4	*	*	PUNCT
ajfa-3366	292	5	58.18	58.18	NUM
ajfa-3366	292	6	*	*	PUNCT
ajfa-3366	292	7	33.24	33.24	NUM
ajfa-3366	292	8	*	*	SYM
ajfa-3366	292	9	366.49	366.49	NUM
ajfa-3366	292	10	*	*	PUNCT
ajfa-3366	292	11	37.94	37.94	NUM
ajfa-3366	292	12	*	*	SYM
ajfa-3366	292	13	2006	2006	NUM
ajfa-3366	292	14	-	-	SYM
ajfa-3366	292	15	07	07	NUM
ajfa-3366	292	16	94.16	94.16	NUM
ajfa-3366	292	17	*	*	PUNCT
ajfa-3366	293	1	339.79	339.79	NUM
ajfa-3366	293	2	*	*	NOUN
ajfa-3366	293	3	*	*	PUNCT
ajfa-3366	293	4	-204.34	-204.34	PROPN
ajfa-3366	293	5	*	*	PUNCT
ajfa-3366	293	6	*	*	PROPN
ajfa-3366	293	7	60.27	60.27	NUM
ajfa-3366	293	8	*	*	SYM
ajfa-3366	293	9	170.20	170.20	NUM
ajfa-3366	293	10	*	*	PUNCT
ajfa-3366	293	11	0.92	0.92	NUM
ajfa-3366	293	12	*	*	NOUN
ajfa-3366	293	13	*	*	PUNCT
ajfa-3366	293	14	2007	2007	NUM
ajfa-3366	293	15	-	-	SYM
ajfa-3366	293	16	08	08	NUM
ajfa-3366	293	17	158.16	158.16	NUM
ajfa-3366	293	18	*	*	PUNCT
ajfa-3366	293	19	293.04	293.04	NUM
ajfa-3366	293	20	*	*	PUNCT
ajfa-3366	293	21	*	*	PUNCT
ajfa-3366	293	22	-752.05	-752.05	PROPN
ajfa-3366	293	23	*	*	PROPN
ajfa-3366	293	24	*	*	PROPN
ajfa-3366	293	25	82.35	82.35	NUM
ajfa-3366	293	26	*	*	PUNCT
ajfa-3366	293	27	115.29	115.29	NUM
ajfa-3366	293	28	*	*	PUNCT
ajfa-3366	293	29	*	*	PUNCT
ajfa-3366	293	30	-16.96	-16.96	PROPN
ajfa-3366	293	31	*	*	PROPN
ajfa-3366	293	32	*	*	PROPN
ajfa-3366	293	33	2008	2008	NUM
ajfa-3366	293	34	-	-	SYM
ajfa-3366	293	35	09	09	NUM
ajfa-3366	293	36	174.25	174.25	NUM
ajfa-3366	293	37	*	*	PUNCT
ajfa-3366	293	38	44.67	44.67	NUM
ajfa-3366	293	39	*	*	PUNCT
ajfa-3366	293	40	*	*	PUNCT
ajfa-3366	293	41	-402.73	-402.73	PUNCT
ajfa-3366	293	42	*	*	PUNCT
ajfa-3366	293	43	*	*	PUNCT
ajfa-3366	293	44	85.81	85.81	NUM
ajfa-3366	293	45	*	*	PUNCT
ajfa-3366	293	46	106.64	106.64	NUM
ajfa-3366	293	47	*	*	NOUN
ajfa-3366	293	48	*	*	NOUN
ajfa-3366	293	49	-3.61	-3.61	PROPN
ajfa-3366	293	50	*	*	NOUN
ajfa-3366	293	51	*	*	NOUN
ajfa-3366	293	52	iffco	iffco	NOUN
ajfa-3366	293	53	tokio	tokio	VERB
ajfa-3366	293	54	2004	2004	NUM
ajfa-3366	293	55	-	-	SYM
ajfa-3366	293	56	05	05	NUM
ajfa-3366	294	1	187.33	187.33	NUM
ajfa-3366	294	2	*	*	PUNCT
ajfa-3366	294	3	76.06	76.06	NUM
ajfa-3366	294	4	*	*	X
ajfa-3366	294	5	*	*	X
ajfa-3366	294	6	49.14	49.14	NUM
ajfa-3366	294	7	*	*	SYM
ajfa-3366	294	8	20.20	20.20	NUM
ajfa-3366	294	9	*	*	PUNCT
ajfa-3366	294	10	64.17	64.17	NUM
ajfa-3366	294	11	*	*	PUNCT
ajfa-3366	294	12	*	*	X
ajfa-3366	294	13	10.07	10.07	NUM
ajfa-3366	294	14	*	*	SYM
ajfa-3366	294	15	2005	2005	NUM
ajfa-3366	294	16	-	-	SYM
ajfa-3366	294	17	06	06	NUM
ajfa-3366	295	1	170.88	170.88	NUM
ajfa-3366	295	2	*	*	PUNCT
ajfa-3366	296	1	103.74	103.74	NUM
ajfa-3366	296	2	*	*	NOUN
ajfa-3366	296	3	*	*	PUNCT
ajfa-3366	296	4	-78.51	-78.51	PROPN
ajfa-3366	296	5	*	*	PROPN
ajfa-3366	296	6	*	*	PROPN
ajfa-3366	296	7	21.40	21.40	NUM
ajfa-3366	296	8	*	*	PUNCT
ajfa-3366	296	9	71.04	71.04	NUM
ajfa-3366	296	10	*	*	PUNCT
ajfa-3366	296	11	*	*	PUNCT
ajfa-3366	296	12	5.04	5.04	NUM
ajfa-3366	296	13	*	*	SYM
ajfa-3366	296	14	2006	2006	NUM
ajfa-3366	296	15	-	-	SYM
ajfa-3366	296	16	07	07	NUM
ajfa-3366	296	17	184.54	184.54	NUM
ajfa-3366	296	18	*	*	PUNCT
ajfa-3366	296	19	14.49	14.49	NUM
ajfa-3366	296	20	*	*	PUNCT
ajfa-3366	296	21	-63.61	-63.61	NOUN
ajfa-3366	296	22	*	*	PUNCT
ajfa-3366	296	23	*	*	PROPN
ajfa-3366	297	1	25.86	25.86	NUM
ajfa-3366	297	2	*	*	PUNCT
ajfa-3366	297	3	68.20	68.20	NUM
ajfa-3366	297	4	*	*	PUNCT
ajfa-3366	297	5	*	*	PUNCT
ajfa-3366	298	1	7.75	7.75	NUM
ajfa-3366	298	2	*	*	SYM
ajfa-3366	298	3	2007	2007	NUM
ajfa-3366	298	4	-	-	SYM
ajfa-3366	298	5	08	08	NUM
ajfa-3366	298	6	210.48	210.48	NUM
ajfa-3366	298	7	*	*	PUNCT
ajfa-3366	298	8	16.81	16.81	NUM
ajfa-3366	298	9	*	*	PUNCT
ajfa-3366	298	10	-282.84	-282.84	PROPN
ajfa-3366	298	11	*	*	PUNCT
ajfa-3366	298	12	*	*	PUNCT
ajfa-3366	299	1	27.61	27.61	NUM
ajfa-3366	299	2	*	*	PUNCT
ajfa-3366	299	3	60.63	60.63	NUM
ajfa-3366	299	4	*	*	PUNCT
ajfa-3366	299	5	*	*	PUNCT
ajfa-3366	299	6	1.85	1.85	NUM
ajfa-3366	299	7	*	*	PUNCT
ajfa-3366	299	8	*	*	NOUN
ajfa-3366	299	9	2008	2008	NUM
ajfa-3366	299	10	-	-	SYM
ajfa-3366	299	11	09	09	NUM
ajfa-3366	299	12	182.02	182.02	NUM
ajfa-3366	299	13	*	*	PUNCT
ajfa-3366	299	14	30.21	30.21	NUM
ajfa-3366	299	15	*	*	SYM
ajfa-3366	299	16	*	*	PUNCT
ajfa-3366	299	17	-499.44	-499.44	NOUN
ajfa-3366	299	18	*	*	PUNCT
ajfa-3366	299	19	*	*	PROPN
ajfa-3366	299	20	46.02	46.02	NUM
ajfa-3366	299	21	*	*	SYM
ajfa-3366	299	22	80.23	80.23	NUM
ajfa-3366	299	23	*	*	SYM
ajfa-3366	299	24	*	*	PUNCT
ajfa-3366	299	25	0.83	0.83	NUM
ajfa-3366	299	26	*	*	PUNCT
ajfa-3366	299	27	*	*	PROPN
ajfa-3366	299	28	icici	icici	PROPN
ajfa-3366	299	29	lombard	lombard	PROPN
ajfa-3366	299	30	2004	2004	NUM
ajfa-3366	299	31	-	-	SYM
ajfa-3366	299	32	05	05	NUM
ajfa-3366	299	33	128.66	128.66	NUM
ajfa-3366	299	34	*	*	PUNCT
ajfa-3366	299	35	147.18	147.18	NUM
ajfa-3366	299	36	*	*	PUNCT
ajfa-3366	299	37	*	*	PUNCT
ajfa-3366	300	1	9.78	9.78	NUM
ajfa-3366	300	2	*	*	SYM
ajfa-3366	300	3	11.79	11.79	NUM
ajfa-3366	300	4	*	*	SYM
ajfa-3366	300	5	86.89	86.89	NUM
ajfa-3366	300	6	*	*	X
ajfa-3366	300	7	*	*	PUNCT
ajfa-3366	301	1	16.79	16.79	NUM
ajfa-3366	301	2	*	*	SYM
ajfa-3366	301	3	2005	2005	NUM
ajfa-3366	301	4	-	-	SYM
ajfa-3366	301	5	06	06	NUM
ajfa-3366	301	6	196.79	196.79	NUM
ajfa-3366	301	7	*	*	PUNCT
ajfa-3366	301	8	128.70	128.70	NUM
ajfa-3366	301	9	*	*	PUNCT
ajfa-3366	301	10	*	*	PUNCT
ajfa-3366	301	11	-92.59	-92.59	PROPN
ajfa-3366	301	12	*	*	PUNCT
ajfa-3366	301	13	*	*	PUNCT
ajfa-3366	302	1	34.30	34.30	NUM
ajfa-3366	302	2	*	*	PUNCT
ajfa-3366	302	3	68.25	68.25	NUM
ajfa-3366	302	4	*	*	PUNCT
ajfa-3366	302	5	*	*	PUNCT
ajfa-3366	302	6	7.43	7.43	NUM
ajfa-3366	302	7	*	*	SYM
ajfa-3366	302	8	2006	2006	NUM
ajfa-3366	302	9	-	-	SYM
ajfa-3366	302	10	07	07	NUM
ajfa-3366	302	11	134.56	134.56	NUM
ajfa-3366	302	12	*	*	PUNCT
ajfa-3366	302	13	45.35	45.35	NUM
ajfa-3366	302	14	*	*	PUNCT
ajfa-3366	302	15	*	*	PUNCT
ajfa-3366	302	16	-96.38	-96.38	PROPN
ajfa-3366	302	17	*	*	PUNCT
ajfa-3366	302	18	*	*	PUNCT
ajfa-3366	303	1	57.65	57.65	NUM
ajfa-3366	303	2	*	*	PUNCT
ajfa-3366	304	1	117.16	117.16	NUM
ajfa-3366	304	2	*	*	PUNCT
ajfa-3366	304	3	*	*	NOUN
ajfa-3366	304	4	7.51	7.51	NUM
ajfa-3366	304	5	*	*	SYM
ajfa-3366	304	6	2007	2007	NUM
ajfa-3366	304	7	-	-	SYM
ajfa-3366	304	8	08	08	NUM
ajfa-3366	305	1	145.65	145.65	NUM
ajfa-3366	305	2	*	*	PUNCT
ajfa-3366	305	3	46.93	46.93	NUM
ajfa-3366	305	4	*	*	PUNCT
ajfa-3366	305	5	*	*	PUNCT
ajfa-3366	306	1	-97.38	-97.38	VERB
ajfa-3366	306	2	*	*	PUNCT
ajfa-3366	306	3	*	*	PUNCT
ajfa-3366	307	1	64.93	64.93	NUM
ajfa-3366	307	2	*	*	PUNCT
ajfa-3366	307	3	113.23	113.23	NUM
ajfa-3366	307	4	*	*	X
ajfa-3366	307	5	*	*	NOUN
ajfa-3366	307	6	8.31	8.31	NUM
ajfa-3366	307	7	*	*	SYM
ajfa-3366	307	8	2008	2008	NUM
ajfa-3366	307	9	-	-	SYM
ajfa-3366	307	10	09	09	NUM
ajfa-3366	307	11	123.15	123.15	NUM
ajfa-3366	307	12	*	*	PUNCT
ajfa-3366	307	13	25.94	25.94	NUM
ajfa-3366	307	14	*	*	PUNCT
ajfa-3366	307	15	*	*	PUNCT
ajfa-3366	307	16	-235.63	-235.63	PUNCT
ajfa-3366	307	17	*	*	PUNCT
ajfa-3366	307	18	*	*	PUNCT
ajfa-3366	308	1	74.85	74.85	NUM
ajfa-3366	308	2	*	*	PUNCT
ajfa-3366	308	3	141.98	141.98	NUM
ajfa-3366	308	4	*	*	NOUN
ajfa-3366	308	5	*	*	PUNCT
ajfa-3366	309	1	0.01	0.01	NUM
ajfa-3366	309	2	*	*	PUNCT
ajfa-3366	309	3	*	*	PUNCT
ajfa-3366	309	4	cholaman	cholaman	NOUN
ajfa-3366	309	5	dalam	dalam	PROPN
ajfa-3366	309	6	2004	2004	NUM
ajfa-3366	309	7	-	-	SYM
ajfa-3366	309	8	05	05	NUM
ajfa-3366	310	1	63.02	63.02	NUM
ajfa-3366	310	2	*	*	PUNCT
ajfa-3366	310	3	85.12	85.12	NUM
ajfa-3366	310	4	*	*	PROPN
ajfa-3366	310	5	*	*	PUNCT
ajfa-3366	310	6	-221.90	-221.90	PROPN
ajfa-3366	310	7	*	*	PROPN
ajfa-3366	310	8	*	*	PUNCT
ajfa-3366	311	1	158.67	158.67	NUM
ajfa-3366	311	2	*	*	NOUN
ajfa-3366	311	3	-3.73	-3.73	X
ajfa-3366	311	4	*	*	PROPN
ajfa-3366	311	5	*	*	NOUN
ajfa-3366	311	6	2005	2005	NUM
ajfa-3366	311	7	-	-	SYM
ajfa-3366	311	8	06	06	NUM
ajfa-3366	311	9	69.42	69.42	NUM
ajfa-3366	311	10	*	*	SYM
ajfa-3366	311	11	10.15	10.15	NUM
ajfa-3366	311	12	*	*	PUNCT
ajfa-3366	311	13	-263.74	-263.74	PROPN
ajfa-3366	311	14	*	*	PROPN
ajfa-3366	311	15	*	*	PROPN
ajfa-3366	312	1	144.05	144.05	NUM
ajfa-3366	312	2	*	*	NOUN
ajfa-3366	312	3	*	*	PUNCT
ajfa-3366	312	4	-2.54	-2.54	PROPN
ajfa-3366	312	5	*	*	PROPN
ajfa-3366	312	6	*	*	NOUN
ajfa-3366	312	7	2006	2006	NUM
ajfa-3366	312	8	-	-	SYM
ajfa-3366	312	9	07	07	NUM
ajfa-3366	312	10	89.66	89.66	NUM
ajfa-3366	312	11	*	*	PUNCT
ajfa-3366	312	12	29.15	29.15	NUM
ajfa-3366	312	13	*	*	PUNCT
ajfa-3366	312	14	*	*	PUNCT
ajfa-3366	312	15	-29.14	-29.14	PUNCT
ajfa-3366	312	16	*	*	PUNCT
ajfa-3366	312	17	*	*	PUNCT
ajfa-3366	312	18	111.53	111.53	NUM
ajfa-3366	312	19	*	*	X
ajfa-3366	312	20	*	*	PUNCT
ajfa-3366	312	21	10.84	10.84	NUM
ajfa-3366	312	22	*	*	SYM
ajfa-3366	312	23	2007	2007	NUM
ajfa-3366	312	24	-	-	SYM
ajfa-3366	312	25	08	08	NUM
ajfa-3366	312	26	170.49	170.49	NUM
ajfa-3366	312	27	*	*	PUNCT
ajfa-3366	312	28	95.52	95.52	NUM
ajfa-3366	312	29	*	*	PUNCT
ajfa-3366	312	30	*	*	PUNCT
ajfa-3366	312	31	-202.23	-202.23	NOUN
ajfa-3366	312	32	*	*	PUNCT
ajfa-3366	312	33	*	*	PUNCT
ajfa-3366	312	34	2.75	2.75	NUM
ajfa-3366	312	35	*	*	PUNCT
ajfa-3366	312	36	60.27	60.27	NUM
ajfa-3366	312	37	*	*	NOUN
ajfa-3366	312	38	*	*	NOUN
ajfa-3366	312	39	4.24	4.24	NUM
ajfa-3366	312	40	*	*	PUNCT
ajfa-3366	312	41	*	*	PUNCT
ajfa-3366	312	42	asian	asian	ADJ
ajfa-3366	312	43	journal	journal	NOUN
ajfa-3366	312	44	of	of	ADP
ajfa-3366	312	45	finance	finance	PROPN
ajfa-3366	312	46	&	&	CCONJ
ajfa-3366	312	47	accounting	accounting	PROPN
ajfa-3366	312	48	issn	issn	PROPN
ajfa-3366	312	49	1946	1946	NUM
ajfa-3366	312	50	-	-	PUNCT
ajfa-3366	312	51	052x	052x	NOUN
ajfa-3366	312	52	2013	2013	NUM
ajfa-3366	312	53	,	,	PUNCT
ajfa-3366	312	54	vol	vol	NOUN
ajfa-3366	312	55	.	.	PROPN
ajfa-3366	312	56	5	5	NUM
ajfa-3366	312	57	,	,	PUNCT
ajfa-3366	312	58	no	no	INTJ
ajfa-3366	312	59	.	.	NOUN
ajfa-3366	312	60	1	1	NUM
ajfa-3366	312	61	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-3366	312	62	319	319	NUM
ajfa-3366	312	63	2008	2008	NUM
ajfa-3366	312	64	-	-	SYM
ajfa-3366	312	65	09	09	NUM
ajfa-3366	312	66	251.94	251.94	NUM
ajfa-3366	312	67	*	*	PUNCT
ajfa-3366	312	68	54.85	54.85	NUM
ajfa-3366	312	69	*	*	PUNCT
ajfa-3366	312	70	*	*	PUNCT
ajfa-3366	312	71	-258.18	-258.18	NOUN
ajfa-3366	312	72	*	*	PUNCT
ajfa-3366	312	73	*	*	PUNCT
ajfa-3366	313	1	7.19	7.19	NUM
ajfa-3366	313	2	*	*	NUM
ajfa-3366	313	3	42.55	42.55	NUM
ajfa-3366	313	4	*	*	PUNCT
ajfa-3366	313	5	*	*	PUNCT
ajfa-3366	313	6	3.08	3.08	NUM
ajfa-3366	313	7	*	*	PUNCT
ajfa-3366	313	8	*	*	PUNCT
ajfa-3366	313	9	hdfc	hdfc	PROPN
ajfa-3366	313	10	chubb	chubb	PROPN
ajfa-3366	313	11	2004	2004	NUM
ajfa-3366	313	12	-	-	SYM
ajfa-3366	313	13	05	05	NUM
ajfa-3366	314	1	112.28	112.28	NUM
ajfa-3366	314	2	*	*	PUNCT
ajfa-3366	314	3	51.40	51.40	NUM
ajfa-3366	314	4	*	*	PUNCT
ajfa-3366	314	5	*	*	PUNCT
ajfa-3366	314	6	-290.81	-290.81	NOUN
ajfa-3366	314	7	*	*	PUNCT
ajfa-3366	314	8	*	*	PUNCT
ajfa-3366	314	9	89.06	89.06	NUM
ajfa-3366	314	10	*	*	PUNCT
ajfa-3366	314	11	*	*	NOUN
ajfa-3366	314	12	-5.95	-5.95	PRON
ajfa-3366	314	13	*	*	NOUN
ajfa-3366	314	14	*	*	NOUN
ajfa-3366	314	15	2005	2005	NUM
ajfa-3366	314	16	-	-	SYM
ajfa-3366	314	17	06	06	NUM
ajfa-3366	314	18	115.17	115.17	NUM
ajfa-3366	314	19	*	*	NOUN
ajfa-3366	315	1	7.01	7.01	NUM
ajfa-3366	315	2	*	*	PUNCT
ajfa-3366	315	3	-111.99	-111.99	PROPN
ajfa-3366	315	4	*	*	PUNCT
ajfa-3366	315	5	*	*	PUNCT
ajfa-3366	316	1	86.83	86.83	NUM
ajfa-3366	316	2	*	*	PUNCT
ajfa-3366	316	3	*	*	PUNCT
ajfa-3366	316	4	3.34	3.34	NUM
ajfa-3366	316	5	*	*	SYM
ajfa-3366	316	6	*	*	PUNCT
ajfa-3366	316	7	2006	2006	NUM
ajfa-3366	316	8	-	-	SYM
ajfa-3366	316	9	07	07	NUM
ajfa-3366	316	10	112.31	112.31	NUM
ajfa-3366	316	11	*	*	SYM
ajfa-3366	316	12	-2.35	-2.35	NOUN
ajfa-3366	316	13	*	*	PUNCT
ajfa-3366	316	14	-124.98	-124.98	NOUN
ajfa-3366	316	15	*	*	PUNCT
ajfa-3366	316	16	*	*	X
ajfa-3366	316	17	89.04	89.04	NUM
ajfa-3366	316	18	*	*	X
ajfa-3366	316	19	*	*	NOUN
ajfa-3366	316	20	1.78	1.78	NUM
ajfa-3366	316	21	*	*	NOUN
ajfa-3366	316	22	*	*	PUNCT
ajfa-3366	316	23	2007	2007	NUM
ajfa-3366	316	24	-	-	SYM
ajfa-3366	316	25	08	08	NUM
ajfa-3366	316	26	100.03	100.03	NUM
ajfa-3366	316	27	*	*	NOUN
ajfa-3366	316	28	6.96	6.96	NUM
ajfa-3366	316	29	*	*	PUNCT
ajfa-3366	316	30	-540.05	-540.05	NOUN
ajfa-3366	316	31	*	*	PROPN
ajfa-3366	316	32	*	*	PROPN
ajfa-3366	316	33	99.97	99.97	NUM
ajfa-3366	316	34	*	*	PUNCT
ajfa-3366	316	35	*	*	PUNCT
ajfa-3366	316	36	-11.18	-11.18	NOUN
ajfa-3366	316	37	*	*	PROPN
ajfa-3366	316	38	*	*	NOUN
ajfa-3366	316	39	2008	2008	NUM
ajfa-3366	316	40	-	-	SYM
ajfa-3366	316	41	09	09	NUM
ajfa-3366	316	42	89.74	89.74	NUM
ajfa-3366	316	43	*	*	SYM
ajfa-3366	316	44	19.61	19.61	NUM
ajfa-3366	316	45	*	*	PUNCT
ajfa-3366	316	46	-550.10	-550.10	PROPN
ajfa-3366	316	47	*	*	PUNCT
ajfa-3366	316	48	*	*	PUNCT
ajfa-3366	317	1	111.44	111.44	NUM
ajfa-3366	317	2	*	*	PUNCT
ajfa-3366	317	3	*	*	PUNCT
ajfa-3366	317	4	-14.05	-14.05	NOUN
ajfa-3366	317	5	*	*	PROPN
ajfa-3366	317	6	*	*	PROPN
ajfa-3366	317	7	source	source	NOUN
ajfa-3366	317	8	:	:	PUNCT
ajfa-3366	317	9	compiled	compile	VERB
ajfa-3366	317	10	and	and	CCONJ
ajfa-3366	317	11	computed	compute	VERB
ajfa-3366	317	12	from	from	ADP
ajfa-3366	317	13	the	the	DET
ajfa-3366	317	14	annual	annual	ADJ
ajfa-3366	317	15	reports	report	NOUN
ajfa-3366	317	16	various	various	ADJ
ajfa-3366	317	17	private	private	ADJ
ajfa-3366	317	18	sector	sector	NOUN
ajfa-3366	317	19	insurance	insurance	NOUN
ajfa-3366	317	20	companies	company	NOUN
ajfa-3366	317	21	from	from	ADP
ajfa-3366	317	22	2004	2004	NUM
ajfa-3366	317	23	-	-	SYM
ajfa-3366	317	24	05	05	NUM
ajfa-3366	317	25	to	to	ADP
ajfa-3366	317	26	2008	2008	NUM
ajfa-3366	317	27	-	-	SYM
ajfa-3366	317	28	09	09	NUM
ajfa-3366	317	29	.	.	PUNCT
ajfa-3366	318	1	*	*	PUNCT
ajfa-3366	318	2	meets	meet	VERB
ajfa-3366	318	3	isi	isi	PROPN
ajfa-3366	318	4	standard	standard	PROPN
ajfa-3366	318	5	*	*	PUNCT
ajfa-3366	318	6	*	*	PUNCT
ajfa-3366	318	7	does	do	AUX
ajfa-3366	318	8	not	not	PART
ajfa-3366	318	9	meet	meet	VERB
ajfa-3366	318	10	isi	isi	PROPN
ajfa-3366	318	11	standard	standard	NOUN