Global financial regulators are currently reflecting on the nature of the insurance business. Specifically, they are … trying to classify insurance into traditional' and non-traditional' activities, and to distinguish them from non-insurance … international finance is what is insurance and where does insurance end?' This paper aims to elaborate on the economics of insurance …

study is on determining whether a lack of health insurance significantly impacted vaccination propensities. If it is indeed … the case that a lack of health insurance mattered, this would be informative for policymakers since they tried to address … vaccines were made available free of cost to the public in the United States, irrespective of their insurance status. A policy …

, and climate change is predicted to intensify this problem. The Index-Based Livestock Insurance (IBLI) scheme piloted in …

We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that … limited liability afforded via bankruptcy laws. Government assistance is calculated ex post of any insurance benefits. This … alters the individuals? demand for insurance coverage. In turn, this affects equilibria in various insurance models of …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …

, while simultaneously hedging the risks associated with the alternation of bullish and bearish non-pandemic states. These …