Global financial regulators are currently reflecting on the nature of the insurance business. Specifically, they are … trying to classify insurance into "traditional" and "non-traditional" activities, and to distinguish them from "non-insurance … international finance is "what is insurance and where does insurance end?" This paper aims to elaborate on the economics of …

The effect of federal insurance regulation has been a perennial topic of debate. Proponents have argued that federal … both insurance companies and policyholders due to federal regulators' inability to meet the diverse needs of policyholders …. We investigate investor perceptions of the net effect of potential federal regulation in the U.S. insurance industry by …

This paper provides the first cross-country study on the impact of regulations on the soundness of insurance firms …, using data on over 1,700 insurance firms operating in 46 countries. We find that the power of the supervisory authorities …

The development of international norms for insurance has not progressed as far or as deeply as the development of … new. The International Association of Insurance Supervisors (“IAIS”) has existed for less than fifteen years while the … only thirteen members from only developed nations.Finally, the fact that insurance is regulated by the states within the …

This paper documents the long-run effects of an important reform of capital regulation for U.S. insurance companies in … evidence that the insurance industry, driven by large life insurers, crowds out other investors in the new issuance of (high …-yield) MBS post reform. Our findings are consistent with the view that the regulation and supervision of the U.S. insurance …

This paper provides an overview of research and debate over whether insurance poses systemic risk, with a focus on U ….S. life insurance. It considers the Financial Stability Oversight Council (FSOC) process for designating nonbank financial … adverse consequences of designating individual insurance entities for enhanced supervision, which favor an alternative …

applications in insurance. I find the current regulatory framework is well-suited to address Big Data concerns. Moreover, with …

We analyze an initiative by insurance regulators to reform capital regulations for mortgage-backed securities (MBS) by …

This Report support's the position by the ABA TIPS Task Force on Federal Involvement in Insurance Regulation … Modernization that the Terrorism Risk Insurance Act (TRIA) should be renewed. Although the market for terrorism insurance has … from the terrorism market, the price of terrorism insurance will rise and take-up rates will fall. Other countries facing …

on competition in the insurance industry in the future …