transactions of non-agency RMBS by insurance companies from 2006 to 2009, we show that insurance companies that became more capital … at much lower prices than other insurance companies during the crisis …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … insurance industry vis-à-vis other industries by applying 3 measures, namely the linear Granger causality test, conditional … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … insurance industry vis-a-vis other industries by applying 3 measures, namely the linear Granger causality test, conditional … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

proxy of individual risk in the banking sector, may be a useful tool when applied in the insurance sector. However …-score approaches to examine which one best fits insurance companies. The authors use a final dataset of 183 firms (1,382 observations …) operating in the Spanish insurance sector during the period 2010-2017. Design/methodology/approach - In the first stage, the …

In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal … Crop Insurance Act of 1980, which significantly expanded and restructured the decades-old federal crop insurance program … our model. Banks increased lending to the agricultural sector in counties with higher insurance coverage after 1980, even …

This paper examines the potential for the U.S. insurance industry to cause systemic risk events that spill over to … detailed financial analysis of the insurance industry, its role in the economy, and the interconnectedness of insurers. The … the potential to cause systemic risk, and most global insurance organizations have exposure to derivatives markets. To …

Mortgage insurance compensates lenders for losses in the event of default by borrowers. Whether offered by private … mortgage insurance companies or the Federal Housing Administration (FHA), mortgage insurance is often required for borrowers … with insufficient wealth for a large downpayment in order to purchase a home. Consequently, mortgage insurance is …

work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This paper … reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national … consistent implementation of such exercises. The paper also offers recommendations on improving the current insurance stress …

In crisis times, insurance companies might feel the pressure to present a performance of their investment portfolios … influences insurance firms' decisions on the allocation of credit risk bearing assets in their investment portfolio. I find …