This paper focuses on asset allocation decisions of life insurance companies in emerging markets. Mature market … markets play an important role in asset allocation decisions of insurers. Insurance companies are increasingly adopting asset …

insurance companies are largely exposed to the "safer" senior tranches. …

This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the … insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic … used for surveillance of financial soundness of insurance companies and the insurance sector as a whole. …

innovative rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not be achieved even … if the product offered a payout ratio comparable to U.S. insurance contracts. We present evidence suggesting that lack of …

. Ongoing activities include Islamic banking, sukuk issuances (to finance infrastructure projects), Takaful (insurance), and …

surveillance work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This … paper reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national …