horizontal tranching of insurance contracts (also known respectively as proportional and excess of loss reinsurance contracts … (with attachment and detachment points) for a given book of business. This allows us to find the minimum insurance premium … which government intervention in the catastrophic loss insurance industry can reduce the cost to society of bearing risk and …

insurance (P&C) market if banks continue to penetrate it at current rates. To do so, we study an insurance market where banks … are already integral in distribution: Title insurance. We draw some broad comparisons between the distribution channels … used to sell title insurance and the channel used by banks entering the P&C market. The title insurance industry is …

corporate insurance and engage in risk management activities. Because public access to corporate insurance purchases and risk … management strategies is limited, I examine a particular aspect of the corporate demand for insurance for which public … information is available: Directors' and officers' insurance. My results show that some measure of organizational inertia is an …

Twenty years ago, the French created a so far unique insurance scheme to cover damages due to natural catastrophes …. This so-called ''Cat-Nat system'' combines private insurance industry, a state-guaranteed public reinsurance and the …

The recent automobile liability insurance crisis in Atlantic Canada has prompted the four provincial legislations …, the personal automobile insurance system. After reviewing some of the most interesting new regulatory changes, our paper … proposes a new area of discussion: The merger of the four provincial insurance regulatory bodies to combat insurance fraud. We …

and Directors' and Officers (D&O) insurance policies. Of the three types of protection, D&O insurance is arguably the … shareholders. Using an original database, we test a set of hypotheses that should determine the demand for D&O insurance. Our … analysis suggests that the D&O insurance demand is best explained as part of the directors' compensation package, managerial …

and casualty insurance and are economically significant. Using a meta-analysis of published papers in the area of … insurance economics, I show that the evidence in favor of underwriting cycles is misleading or even completely absent. There is … the property and casualty insurance industry is not cyclical; we only observe profitability going up or down with no …