Showing 1 - 10 of 256
We model the settlement of a legal dispute where the trial outcome depends on the behavior of a strategically motivated … higher settlement rate. However, the terms of the settlement heavily favor the informed plaintiff, and consequently induce …
Persistent link: https://www.econbiz.de/10010500186
, on the length of the divorce process and on the quality of the divorce settlement. …
Persistent link: https://www.econbiz.de/10010294602
disaster-prone areas of the world, it has the lowest levels of insurance coverage. This paper examines the vulnerability of … Belize's public finance to the occurrence of hurricanes and the potential impact of insurance instruments in reducing that … vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize's debt sustainability. In addition …
Persistent link: https://www.econbiz.de/10010278240
payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm …
Persistent link: https://www.econbiz.de/10012013812
correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …
Persistent link: https://www.econbiz.de/10010315580
management) may depend on their access to capital markets. The property-casualty insurance industry has two features that make it …
Persistent link: https://www.econbiz.de/10012888647
India's insurance sector has been growing dynamically in the last couple of years. Despite the suite of reforms that … have been implemented to stoke the sector's growth, it still has a long way to go, as its share in the global insurance … market remains abysmally low. In this paper, we analyse the Indian insurance sector and trace its evolution and growth. We …
Persistent link: https://www.econbiz.de/10012625352
Global diversification of financial institutions, including the insurance sector, has proven beneficial to many … distribution channels. This paper aims to critically evaluate the liberalisation process of India's insurance sector and the impact … it has had on the sector, both life and non-life segments. As India is in the process of opening its insurance sector to …
Persistent link: https://www.econbiz.de/10012625354
methods for financing based on experiences of other countries. Then the focus of the paper shifts towards insurance and …
Persistent link: https://www.econbiz.de/10012625362
In this paper we analyse several measures which are typically included in a social security reform: a cut in the social security benefits, an increase in the social security tax and tax incentives for the purchase of private life annuities, which have recently become quite popular at the...
Persistent link: https://www.econbiz.de/10010294515