obtained from a sample of U.S. property-liability insurance firms reveal significant interactions between capital, risk, and …

The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time …

The provision of flood insurance is a patchwork, with countries showing varying degrees of penetration, coverage types …, demand levels, and design structures. This article explores the current understanding of flood insurance with a specific … focus on the ability of flood insurance to contribute to direct risk reduction. The starting point is a consideration of the …

This article focuses on the insurance markets transition process in ten South-Eastern Europe (SEE) post …-communist countries. These insurance markets, characterized by a large number of small insurance companies, have been analyzed from … between insurance market development and the European Union (EU) integration process as well as the overall economic …

This paper examines consumer protection regulation in insurance markets and discusses how regulation could be made more …

This paper develops a theoretical framework for analyzing the decision to provide or buy insurance against the risk of … natural catastrophes. In contrast to conventional models of insurance, the insurer has a non-zero probability of insolvency …. Our model shows that government-provided insurance will be more attractive in terms of expected utility, as it allows …

risks through a mandatory public catastrophe insurance on the basis of location-specific exposures, and the demand for a … contingent ex-ante credit to reinsure the insurance’s liabilities. GIS-based catastrophe models and stochastic optimization …

The paper focuses on the traditional and alternative mechanisms for insurance risk transfer that are available to … global as well as to domestic insurance companies. The findings suggest that traditional insurance risk transfer solutions … available to insurance industry nowadays will be predominant in the foreseeable future but the increasing role of alternative …