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IFRS17 Measurement of Property & Casualty Insurance Contracts

Ward, Brett - 2023

IFRS 17 introduces the concept of a risk adjustment that compensates insurers for the uncertainty about the amount and timing of the cash flows that arise from non-financial risks. The method for its calculation is not prescribed and several options are emerging, including value at risk and cost...

Persistent link: https://www.econbiz.de/10014354632

Statutory and Common Law Enforcement of Foreign Insolvency Judgments

Ho, Look Chan - 2011

This article argues that the enforcement in England in Re New Cap Reinsurance Corporation of an Australian monetary judgment rendered under Australian insolvency law does not sit easily with the Foreign Judgments (Reciprocal Enforcement) Act 1933. This is because the Foreign Judgments...

Persistent link: https://www.econbiz.de/10013124820

The natural catastrophe protection gap : measurement, root causes and ways of addressing underinsurance for extreme events

Holzheu, Thomas; Turner, Ginger - In: The Geneva papers on risk and insurance - issues and … 43 (2018) 1, pp. 37-71

Persistent link: https://www.econbiz.de/10012256015

Behavioral Economics and Insurance Law : The Importance of Equilibrium Analysis

Baker, Tom - 2015

Because choosing insurance requires consumers to assess risks and probabilities, the demand for insurance has proven to … be fertile ground for identifying deviations from rational behavior. Consumers often shun the insurance against large … losses that they rationally should want (e.g., floods); and they are attracted to insurance against small losses (extended …

Persistent link: https://www.econbiz.de/10013034316

Why There Might Not Be Many Damage Claims Arising from the Spanish Property Insurance Cartel?

Marcos, Francisco - 2021

Inherent Defects Insurance (IDI) for new housing buildings is mandatory in Spain since May 2000. The instauration of … this legal requirement prompted an upsurge in the IDI market. Being confronted with wild competition, the major insurance …

Persistent link: https://www.econbiz.de/10013228598