regulatory agency (the Office of the Comptroller of the Currency), and the third announcement is by a large life insurance … announcements negatively impact the equity values of life insurance companies (and vice versa). Next, we demonstrate that the bank … regulatory agency announcement negatively impacts the equity values of life insurance companies as well as commercial banks. We …

insurance: they are sensitive to shocks to regional rainfall and they respond to household level events. The paper goes on to … consider how the quality of insurance that is offered through remittances affects household risk taking behavior. Specifically …, we show that the likelihood and the amount of gambling increase with the quality of informal insurance. The findings …