Showing 1 - 10 of 3,417
underwriting risks both domestically and internationally. -- Insurance ; Portfolio Theory ; International Diversification … 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 …
Persistent link: https://www.econbiz.de/10003354444
objectives through the provision of (catastrophic) natural hazard insurance. This is the case of many OECD countries, notably … hazard insurance develop. This paper has a dual objective: 1) review the complex legal background that rules the provision of … insurance against natural catastrophes in the EU after these major reforms; 2) assess the implications of the reforms and offer …
Persistent link: https://www.econbiz.de/10010517703
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/10012243052
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/10012292103
Persistent link: https://www.econbiz.de/10015071796
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
Persistent link: https://www.econbiz.de/10010359539
Persistent link: https://www.econbiz.de/10010193408
We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric …
Persistent link: https://www.econbiz.de/10012142264
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/10012436024