insurers to keep their solvency at the necessary level. Insurance companies in the European Union work on the implementation of … better connection of capital and risk profile, increased transparency, and higher flexibility of insurance companies … analysis of the current condition of the insurance market in BiH was made. By using the primary research and applying the …

The recent wide development and changes in insurance markets highlighted the necessity to map out the solvency analysis … profile of an insurance business, taking into account the actual European directives about solvency assessment. The aim of the … provisions related to a portfolio of insurance policies …

We develop an agent-based simulation of the catastrophe insurance and reinsurance industry and use it to study the … problem of risk model homogeneity. The model simulates the balance sheets of insurance firms, who collect premiums from … time series of profits and losses and recovers stylized facts, such as the insurance cycle and the emergence of asymmetric …

With more than $50 trillion in assets worldwide, investment funds run by the insurance industry and pension system are … harmonizes insurance regulations in Europe, in order to reduce the risk of an insurer defaulting on its obligations and producing …

insurance group. In this paper, it is shown that premium and liability transfers could be optimally made in such a way as to … reduce the amount of Technical Provisions and Minimum Capital Requirement for the entire insurance conglomerate. These levels … of required capital represent the minimal amount that needs to be held by the insurance group without regulator …

macroprudential insurance regulation. …

This paper provides a rationale for the macro-prudential regulation of insurance companies, where capital requirements … actuarially fair technical reserve. However, these instruments are not sufficient when insurance companies are exposed to systemic …’s exposure to systemic risk. Implementing the optimal policy implies separating insurance firms into two categories according to …

Cyber risk insurance has been introduced for more than two decades in the United States, yet the insurance market for … cyber risk is tiny amounting to 1% ($6.5 billion) of premiums in the U.S. property-casualty insurance market in 2021. In … this paper, we analyze what constrains the insurance industry from providing larger capacity. We argue that cyber risk is …