This paper provides a welfare analysis of solvency regulation for catastrophe insurance. We consider an economy with … solvency regulation allowing insurer default or limited liability in the most catastrophic states is Pareto improving. We use a …

Solvency II is a new regime for the prudential regulation of European insurance companies that will come into force on …

Protection of creditors is a key objective of financial regulation. Where the protection needs are high, i.e., in …

management practitioners in the financial industry and the regulator, to mitigate regulation risk. In its 2018 report, the High … the regulation itself. There would be a risk created by the regulation, a regulation risk.In this paper, it is argued that … a part of the observed short-termism on financial markets is indeed due to a regulation risk based on a falsehood way to …