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We take a simple time-series approach to modeling and forecasting daily average temperature in U.S. cities, and we inquire systematically as to whether it may prove useful from the vantage point of participants in the weather derivatives market. The answer is, perhaps surprisingly, yes....
Persistent link: https://www.econbiz.de/10010298284
sound regulatory framework for insurance undertakings, also to address risks not specifically mitigated by the sole solvency … devoted to highlight the emerging regulatory trends in the corporate governance of insurance firms. Among others, it signals …
Persistent link: https://www.econbiz.de/10011655487
winds, etc.) that have a severe impact on rural incomes. Weather insurance could cover the covariate risk for a community of …
Persistent link: https://www.econbiz.de/10010279344
and the banking/insurance/reinsurance industry. Koch (2017) introduced a notion of spatial risk measure and a …
Persistent link: https://www.econbiz.de/10013200470
Investments in security and cyber-insurance are two cyber-risk management strategies that can be employed together to … insurance liability scenarios (full liability, limited liability, and limited liability with deductibles) when we consider a … multi-branch firm with correlated vulnerability. The insurance component results to be the major expense. It ends up being …
Persistent link: https://www.econbiz.de/10013200694
's chapters address finance and banking, insurance, technology regulation and critical infrastructures, as well as climate change …
Persistent link: https://www.econbiz.de/10014280287
insurance and participate in a mutual fund for non-insurable risks in the Czech Republic. Responses from 214 representative … regression model showed the influences of agricultural area, distrust in insurance companies, the probability of losing more than … 20% of production, the price of insurance premiums, and having a developed formal strategy on the likelihood of taking up …
Persistent link: https://www.econbiz.de/10014332567
This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on … small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes … natural experimental setup of the form in which the insurance was launched. We find that tobacco producers with access to the …
Persistent link: https://www.econbiz.de/10010481485
The purpose of the paper is to provide some support to the thesis that insurance may reduce the cost of capital in a … insurance as a retrospective (post-loss) risk financing tool and the risk transfer mechanism upon it. As the risk financing tool … insurance reduces the need for the balance-sheet capital in a company and thus the financial distress costs. Also, insurance may …
Persistent link: https://www.econbiz.de/10010289541
The purpose of the paper is to provide some support to the thesis that insurance may reduce the cost of capital in a … insurance as a retrospective (post-loss) risk financing tool and the risk transfer mechanism upon it. As the risk financing tool … insurance reduces the need for the balance-sheet capital in a company and thus the financial distress costs. Also, insurance may …
Persistent link: https://www.econbiz.de/10010289553