This paper reviews the extant research on systemic risk in the insurance sector and outlines new areas of research in … organizations. The survey reveals that traditional insurance activity in the life, non-life, and reinsurance sectors neither …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … insurance industry vis-à-vis other industries by applying 3 measures, namely the linear Granger causality test, conditional … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … insurance industry vis-a-vis other industries by applying 3 measures, namely the linear Granger causality test, conditional … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …

This paper explores the economic issues related to systemically important insurance companies, using an example from … the Great Depression, the National Surety Company. National Surety was a large and diverse insurance company that … policyholders staged a massive run on the company, demanding the return of their unearned premiums. The New York State Insurance …