We document a strong effect of pension and insurance company (P&I) assets on the long end of the yield curve. Using … ratio of pension assets (in funded and private pension and life insurance arrangements) to GDP, suggesting that preferred …-habitat demand by the P&I sector for long-dated assets drives the long end of the yield curve. We draw on changes in regulations in …

Purpose – The purpose of this paper is to provide insights on how a firm's size is related to risk taking of Malaysia … insurance firm size and underwriting risk. For the robustness test, the results of the analysis using changes in data broadly … culprit behind excessive risk taking by insurance firms of large proportions. A number of regulatory concerns have been raised …

. These institutions nonetheless account for an increasing share of households' financial assets. The paper also calls for …