Showing 1 - 10 of 106
We develop an overlapping generations model of a developing economy in which ‘culture’ and technology interact to determine savings, investment and growth. Investment is assumed to involve intermediation or other costs which may, in each period, result in either of two stable equilibria for...
Persistent link: https://www.econbiz.de/10014397933
exports of all five broad categories of the U.K.'s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.'s export of financial and insurance services may be minor …
Persistent link: https://www.econbiz.de/10012796259
of IFRS 17. The paper is based on the results of a survey of 20 insurance supervisors. Overall, IFRS 17 is a welcome … development but there will be challenges of implementation. Not many insurance supervisors currently intend to use IFRS 17 as a …
Persistent link: https://www.econbiz.de/10012300617
still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance … public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion … of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is …
Persistent link: https://www.econbiz.de/10011716448
ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …
Persistent link: https://www.econbiz.de/10012170086
Interconnectedness among global systemically important banks (GSIBs) and global systemically important insurers (GSIIs) has important financial stability implications. This paper examines connectedness among United States, European and Asian GSIBs and GSIIs, using publicly-available daily equity...
Persistent link: https://www.econbiz.de/10011743090
This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the … institutions including insurance and pensions; and 5) the need to revisit the resolution and crisis management framework for … insurance and pensions …
Persistent link: https://www.econbiz.de/10014402475
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 …
Persistent link: https://www.econbiz.de/10014403822
invest prudently and so reduce bank risk taking. This systemic insurance effect will be relatively more important when …
Persistent link: https://www.econbiz.de/10014394541
Insurance enterprises provide services, called insurance services, to policyholders. The values of such services are … discusses the treatment of insurance services, and related transactions, in the balance of payments. A simple measure, based on … a number of assumptions, of nonlife insurance services is considered. The assumptions underlying this measure are then …
Persistent link: https://www.econbiz.de/10014398144