Recession and sovereign debt crisis, many central banks have pursued ultra-easy and far reaching unconventional monetary … policies for several years. Yields on various bond classes – including euro area sovereign bond yields since the sovereign debt …

welfare by implementing appropriate tax and subsidy schemes that make insurance more affordable and also lower insurers …

the green transition affect US banks and insurers, by examining the relation between their SRMs and market-based green and … low-carbon transition, reduces systemic risk of banks and insurers more than that of brown indexes, with an increasing … magnitude in the tails of the SRMs distribution. In contrast, a higher riskiness of the green companies seems to worsen banks …

Basel III, regulating the solvency of banks, is to be fully implemented by 2027 while Solvency III directed at insurers … the solvency of banks and insurers in the same way? The first question is motivated by an earlier finding that Basel I and … II risked inducing more rather than less risk-taking by banks, which also holds for Solvency I and II w.r.t. insurers …

We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and … diversification within large banks and financial conglomerates. We discuss the limited value of the normal distribution based … correlation concept, and propose an alternative measure which better captures the downside dependence given the fat tail property …