In the psychological and sociological framework of risk, we establish a static and dynamic equilibrium model for risk …-sharing institutional evolution. Particularly, through a comparative study of marine insurance development in China and Europe, we address a … wide set of research questions concerning why China and Europe relied on different social organizations for risk sharing. …

collaboration of banks and insurance companies through the bancassurance model, as the distribution channel of insurance products … effective implementation of bancassurance provides benefits to banks, insurance companies, and to their customers. Although … successful implementation. The purpose of this paper is to show the current trend of banks entering the insurance market in …

In today’s insurance market there is a void that is any one person can have several insurance policies, this entails … different providers, different payment schemes etc. There is an opportunity for an insurance company to unite all policies and … create a universal insurance (UI) policy, an all in one so to speak. There is an argument that such an policy would be very …

risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … effects from sovereign risk to domestic insurers. The impact on insurers is larger than for non-financial firms and slightly …

importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross … is understood here as a change of gross written premiums obtained through banks in Poland. The group of risk factors … cooperation between banks and insurers as well as the specificity of insurance products distribution (also local) in the …

According to the impact, infectious diseases are a critical risk for 2020 and the following years in the Global Risk … Report. The realization of the Covid-19 virus set the pandemic as a crucial global risk for humans, the economy, and society …, with a specific view of the business of insurance and reinsurance companies, who are responding to the widening of the …

understanding of what influences the risk perception of their insurance policyholders. Exogenous factors relate to external factors … influencing the risk perception of insurance policyholders namely, political-legal, market fluctuations, crime and unemployment … insurance industry as it provides an analysis of the exogenous factors influencing the risk perception of the insurance …

This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a … standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … have some catastrophe coverage. Corporate demand for catastrophe insurance is found to be more price inelastic than …

and car insurance using data from the UK. The main empirical results are: ? higher labor income risk induces a higher … demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the …