This paper looks for evidence of adverse selection in the relationship between primary insurers and reinsurers. We test the implications of a model in which informational asymmetry – and therefore, its negative consequences – decline over time. Our tests involve a data panel consisting of...

The paper examines the dynamics of insurance companies quantity in Ukraine, Russia and CEA member states for the period of 2001-2008 as well as the tendency of national insurance market changes. Moreover, it analyzes the largest foreign groups represented in equity of the Ukrainian insurance...

Chapter 1 Reinsurance in America Regulatory Regimes and Markets -- Chapter 2 Dutch reinsurance and the first wave of globalization -- Chapter 3 Swedish Reinsurers in the Non-Life Sector -- Chapter 4 The ups and downs of French reinsurance in the 20th century -- Chapter 5 The ups and downs of...

The article offers the indicator of the general level of integration (quantitative estimation of convergence) of the banking, insurance and reinsurance markets as a result of integration processes by identifying the numerical values of this indicator with subsequent qualitative interpretation on...

Despite being key elements of the profit/deficit valuation of an insurance transaction in most economic frameworks, Frictional Capital Costs (FCC) have constantly been used with uncertainties underlying their calculations. In fact, economic presentations are always facing issues on the choice of...