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This article summarizes the main topics and findings from the Swiss Risk and Insurance Forum 2018. That event gathered … experts from academia, insurance industry, regulatory bodies, and consulting companies to discuss the challenges arising from … the impact of data science and, more generally, of digitalization to the insurance sector. …
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How should intermediaries influence the insurance demand decision? The answer must refer to the interdependence of … essential for the insurance demand decision. Undoubtedly, consumers lack information about certain variables, and therefore … and to provide the correct information. Since the information in the insurance market is asymmetrically distributed, an …
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We develop a parsimonious model to study the equilibrium structure of over-the-counter securities markets. We show that regulations aimed at reducing counterparty risk and improving liquidity can be ineffcient. Such regulations have a direct positive effect on entry in those markets, thus...
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