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Persistent link: https://www.econbiz.de/10003565344
In our article we consider insurance as a means of allocating terrorism risk. Terrorism poses asignificant challenge for insurers worldwide. In terms of possible losses it fits into the samecategory as earthquakes and hurricanes. Yet as a result of the uncertainty surrounding theserisks private...
Persistent link: https://www.econbiz.de/10005867501
In our article we consider insurance as a means of allocating terrorism risk. Terrorism poses a significant challenge for insurers worldwide. In terms of possible losses it fits into the same category as earthquakes and hurricanes. Yet as a result of the uncertainty surrounding these risks...
Persistent link: https://www.econbiz.de/10003337793
Persistent link: https://www.econbiz.de/10009152454
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We study the impact of financing constraints on corporate risk management. Using data on credit scores matched with unique information on firm level commercial insurance purchases, we find that financing constraints lead to higher insurance spending. We adopt a regression discontinuity design...
Persistent link: https://www.econbiz.de/10013490619
Insurance today is a global economic colossus and a fixture in the developed countries of the world. Dependant upon a considerable dose of moral exhortation and enlightened appeal, the insurance industry has become a pervasive agent of social and economic control through its delineation of...
Persistent link: https://www.econbiz.de/10014482491