This paper discusses the adequacy of insurance for managing cyber risk. To this end, we extract 994 cases of cyber …. These problems hinder the development of a sustainable cyber insurance market. We finish by discussing how cyber risk …

Using state-of-the-art frontier efficiency methodologies, we study the efficiency and productivity of Swiss insurance … subsectors. Moreover, we are the first to analyze the internationalization strategies of insurance companies, a topic of high … insurance sector. We find that productivity and efficiency in the Swiss insurance market have improved for the property …

We conduct a comprehensive asset pricing analysis for the U.S. property/liability insurance industry using monthly data … the returns of property/liability insurance stocks in a satisfactory way. We adapt the model proposed by Adrian, Friedman …, and Muir (2015) for financial institutions and define an insurance-specific five-factor asset pricing model (INS5), which …

This dissertation consists of four essays on insurance economies. It aims to answer questions in the fields of … insurance transactions (Essays I and IV) as well as insurance operations and strategies (Essays II and III). These questions are … relevant both to the insurance academic community and to the insurance industry. The methodologies explored in the dissertation …

This paper demonstrates the existence of adverse selection in the group insurance market with no individual choice. We … provide evidence against the “conventional wisdom” that group insurance mitigates adverse selection because of the mixture of …