risky investment, underwriting, reinsurance, and hedging; and ii) the allocation of risk across all of these opportunities …

risky investment, underwriting, reinsurance, and hedging; and (ii) the allocation of risk across all of these opportunities …

management) may depend on their access to capital markets. The property-casualty insurance industry has two features that make it …

This paper estimates a reduced-form model to assess the credit risk of General Insurance (GI) non-life firms in the UK … business lines; there is default clustering in the GI industry; different reinsurance levels also affect the credit risk of … insurance firms. The implications of these findings for regulators of GI firms under the coming Solvency II are discussed. …

, with a specific view of the business of insurance and reinsurance companies, who are responding to the widening of the … improving the insurance coverage related to pandemics by establishing (re)insurance schemes and pooling arrangements for other …, many expect insurers to reimburse some of these costs and losses. Insurance companies are also significant investors in …