As a result of Solvency II, academics and practitioners anticipate further consolidation in the insurance industry as … generally aims to enhance the soundness of the insurance sector and its firms, policymakers should be aware of this merger … risk reducing. Consolidation can thus have a stabilizing effect on the insurance sector during market turmoil. Finally, the …

single‐employer pension insurance program. This is an alternative approach to the calculations of expected future PBGC … payouts in the PBGC Exposure Reports. The PBGC insurance is akin to an exchange option, a financial instrument that allows a … particularly painful. The valuation we perform also reflects the fact that PBGC insurance is trigged only in the case of bankruptcy …

macroprudential insurance regulation. …

security used to hedge the risk is similar to a CAT bond. This work looks at the incentives associated with insurance …

Since 2008, catastrophic losses and financial turmoil have deeply shaken the insurance and reinsurance industries … insurance company to reinsurer failure and is difficult to assess due to a scarcity of reliable measures. It has long been … considered as largely auto-regulated by the insurance market. The impact of reinsurance credit on an insurers' balance sheet …