See all Profiles
Headshot photo of Byeongyong Paul Choi, Ph.D., CPCU

Byeongyong Paul Choi

Department Chair & Associate Professor

  • Finance & International Business
  • School of Business


Dr. B. Paul Choi joined the Department of Finance, International Business and Insurance in 2002, after serving as Instructor at Temple University, Philadelphia, PA. His primary research areas of interest include: Insurance Market Structure, Performance and Efficiency, and International Insurance. Choi has received a number of awards and distinctions including Chartered Property Casualty Underwriter (CPCU) 2001, Best in Track Award at 2007 Academy of Finance, and several research grants. Choi has served as Faculty Advisor of Gamma Iota Sigma, Director of Summer Actuarial Program and Instructor of Actuarial Study Program. He is also currently serving as a director of Center for Insurance Education. Choi holds a Ph.D. from Temple University, Philadelphia, PA.Areas of expertise

  • Insurance Market Structure
  • Performance and Efficiency
  • Liquidity Creation
  • Advertising Impact
  • International Insurance


  • Ph.D., Risk Management and Insurance, Temple University, Philadelphia, 2002
  • MS, Risk Management and Insurance, Georgia State University, Atlanta, 1997
  • BS, International Trade, Hankuk University of Foreign Studies, Seoul, 1991

Courses Taught

  • Finance Principles
  • Risk and Insurance
  • Life and Health Insurance
  • Property Liability Insurance
  • Risk Management

Selected Research

  • "Liquidity Transformation: An Examination of U.S. Life Insurers," with J. Park and C. Ho, Managerial Finance, 2016,
  • "Liquidity Creation or De-creation: Evidence from U.S. Property and Liability Insurance Industry," with J. Park and C. Ho, Managerial Finance, 2013
  • "Foreign-Owned Insurer Performance in the U.S. Property-Liability Markets," with E. Elyasiani, Applied Economics, 2011
  • "Distribution System Choice in a Service Industry: An Analysis of International Insurance Firms Operating in the United States," with Parente, Slangen, and Ketkar, Journal of International Management, 2010
  • "The U.S. Property and Liability Insurance Industry: Firm Growth, Size and Age," Risk Management and Insurance Review, 2010
  • "State Regulation and the Structure, Conduct, Efficiency, and Performance of U.S. Auto Insurers," with Mary A. Weiss, Journal of Banking and Finance. 2008
  • "An Empirical Investigation of Market Structure, Efficiency, and Performance in Property-Liability Insurance," with Mary A. Weiss, The Journal of Risk and Insurance, 2005