Risk transfer is a key risk and capital management tool for insurance companies. Transferring risk between insurers is … used to mitigate risk and manage capital re- quirements. We investigate risk transfer in the context of a network … environment of insurers and consider capital costs and capital constraints at the level of individual insurance companies. We …

In the face of rising climate risk, financial institutions may adapt by transferring such risk to securitizers that … to climate risk may be a drop in the ocean of cash flows. This paper builds a data set of the entire securitization chain … optimal deals by finding the portfolio weights in an asset demand system that targets return and risk. Extrapolating wildfire …