can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …

the major prospects and challenges faced by the banking sector as well as the recommendations. The analysis of the … study period compared to its most ASEAN and GCC countries. The efficiency of banking sector, on an average, remained at a … sector development through enhancing depth and efficiency of the banking sector and the development of efficient bond and …

analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on …

of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the …

This paper estimates a reduced-form model to assess the credit risk of General Insurance (GI) non-life firms in the UK … insurance firms. The implications of these findings for regulators of GI firms under the coming Solvency II are discussed. …