. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … opportunities to purchase rainfall index insurance, or a combination of the two. Demand for index insurance is strong, and insurance … to farmer investment is uninsured risk: when provided with insurance against the primary catastrophic risk they face …

We analyze a reform of insurance companies' capital requirements for mortgage-backed securities. First, credit ratings …

participating lifetime annuities, an insurance product that pays retirees guaranteed lifelong benefits along with variable non …

market. We show that insurance companies, the largest institutional holders of corporate bonds, reach for yield in choosing … their investments. Consistent with lower rated bonds bearing higher capital requirement, insurance firms' prefer to hold … higher rated bonds. However, conditional on credit ratings, insurance portfolios are systematically biased toward higher …

The problem of the uninsured - those eschewing the purchase of health insurance policies - cannot be fully understood … without considering informal alternatives to market insurance called "self-insurance" and "self-protection", including the … a "full-insurance" paradigm that includes all 4 measures of insurance as interacting components, and analyzing their …

transactions of non-agency RMBS by insurance companies from 2006 to 2009, we show that insurance companies that became more capital … at much lower prices than other insurance companies during the crisis. …

We describe the risks faced by the ageing population and survey the corresponding insurance markets for these risks. We … interactions between social insurance and private insurance markets. …