“La negociación en curso para suscribir un Tratado de Libre Comercio (TLC) entre Colombia y Estados Unidos incluye la estructuración de un capítulo sobre Servicios Financieros, que definirá las disciplinas que gobernarán el intercambio de esos servicios entre las partes. Con el objeto de...

El objetivo principal de este artículo es analizar si en México el sector financiero está vinculado con la parte real de la economía. Para llevar a cabo este analisis, se hace uso de las técnicas de cointegración, que precisamente permiten probar la existencia de relaciones de largo plazo...

Insurance companies have significant net flows of cash, stemming especially from insurance premiums paid by clients. These funds are an important source of stable funding for public authorities, SMEs, banks and other companies. In this article we present the dimensions of funds held by insurance...

In spite of the development possibilities, the agriculture in Romania is becoming a risky environment, because of the extreme weather events but also because of the lack of organization and the lack of involvement of the authorities in diminishing their effects. We can say that the performance...

Insurance Industry is going through a very important stage of its transformation - the transition from the classical system of management into a risk-based management. These changes were launched in Europe by international organizations which deal with the development of the necessary...

Over the last twenty years, the consensus view of systemic risk in the financial system that emerged in response to the banking crises of the 1930s and before has lost much of its relevance. This view held that the main systemic problem is runs on solvent banks leading to bank panics. But...

Consider individuals facing uncertain lifetime (and hence uncertain future incomes). Each individual must go through (dentical) medical checkups. The choice of medical expert that interprets the results, and hence provides more information about the random lifetime, must be done prior to the...

In recent years, one of the factors that had a significant impact on the economic development was represented by climatic change. At international level, the weather risk management stands for a priority for Governments, insurance companies and companies within the industries affected by the...