unique information on firm level commercial insurance purchases, we find that financing constraints lead to higher insurance … spending. We adopt a regression discontinuity design and show that financially constrained firms spend 5-14% more on insurance …

insurance firms. The implications of these findings for regulators of GI firms under the coming Solvency II are discussed. …This paper estimates a reduced-form model to assess the credit risk of General Insurance (GI) non-life firms in the UK …

-sharing institutional evolution. Particularly, through a comparative study of marine insurance development in China and Europe, we address a …

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on … small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes … natural experimental setup of the form in which the insurance was launched. We find that tobacco producers with access to the …

This paper uncovers if and how insurance companies react to shocks to collateral in their portfolio of securitized …

This paper uncovers if and how insurance companies react to shocks to collateral in their portfolio of securitized …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …