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We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
Persistent link: https://www.econbiz.de/10011346454
systemic risk in the insurance sector. Using the systemic risk measure, we examine the inter-connectedness between banks and …
Persistent link: https://www.econbiz.de/10013066713
This article examines the regulatory challenges raised by recent, overlooked changes in insurance markets that have led … to a functional convergence between insurance and the broader financial sector.The law literature on financial regulation … context of insurance, and does so by applying an analytical framework that distinguishes between two “boundary problems” that …
Persistent link: https://www.econbiz.de/10013006171
on developing risk culture in banks and insurance companies over the last couple of years. However, it is difficult to …
Persistent link: https://www.econbiz.de/10014254231
Capital adequacy ratio (CAR) of the Turkish Banking Sector decreased dramatically from 30.9% in 2003 to 17.1% as of 2019 May. This figure shows that although TBS has still relatively high CAR compared to many countries, unfortunately there is a decreasing trend. A downward trend in CAR...
Persistent link: https://www.econbiz.de/10012829003
Objective: The objective of the article is to empirically examine the predictors of ROA and ROE for banks and insurance … significant and negative for ROE. Banks earned lower return on their assets and higher return on their equity than insurance … for firms in the insurance industry. …
Persistent link: https://www.econbiz.de/10012515977
variables directly related to the insurance product (e.g., a regulatory restriction of insurance acquisition costs) as well as … importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross … cooperation between banks and insurers as well as the specificity of insurance products distribution (also local) in the …
Persistent link: https://www.econbiz.de/10012598986
Being active in both the insurance sector and the banking sector, financial conglomerates intrinsically increase the … interconnections between the banking sector and the insurance sector. We address two main concerns about financial conglomerates using …
Persistent link: https://www.econbiz.de/10011299516
imperfections of current deposit insurance would be eliminated: the FDIC would now have in place a program that would dissuade banks …. -- Reforming FDIC insurance ; moral hazard ; market discipline ; bank risk pricing ; cost of funds to banks …
Persistent link: https://www.econbiz.de/10003229779
This paper assesses the reputational impact of announced operational losses for a sample of 163 listed financial companies from 1994 to 2008.Measurement of reputational losses is carried out using the event study methodology.The results show that fraud is the event type that generates the...
Persistent link: https://www.econbiz.de/10013131682