This paper documents that the bond investments of insurance companies transmit shocks from insurance markets to the … real economy. Liquidity windfalls from household insurance purchases increase insurers' demand for corporate bonds …

granular data on the bond transactions of U.S. insurance companies. Liquidity inflows from insurance premiums combined with …

are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …

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 … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

Mutual insurance companies and stock insurance companies are different forms of organized risk sharing: policyholders … necessary for a stock insurer to offer insurance at a fair premium, but not for a mutual. In the presence of an ownermanager …

This paper surveys the formation and development of insurance business in Brazil. It describes its very first steps …

Podkarpackie voivodship. Based on the results of research, the article will present both the current state of insurance in local … insurance business in LGUs. The primary objective of this paper is to determine the procedures for concluding the insurance in … LGUs, and also defining the types of insurance most often executed by these entities, and indication of the intermediaries …

In recent years the insurance industry has been subject to a deeply structural change. The deregulation of markets in … Europe and the globalization of insurance markets let to an intense competition with shrinking gross revenue and benefits …. This change led to changes in the management of assets and liabilities of insurance companies. This new era of risk …

partial and full insurance can obtain, depending on the relative patience of agents and financial intermediaries. Insurance …