We study how risk management through hedging impacts firms and competition among firms in the life insurance industry …

As a result of Solvency II, academics and practitioners anticipate further consolidation in the insurance industry as … generally aims to enhance the soundness of the insurance sector and its firms, policymakers should be aware of this merger … risk reducing. Consolidation can thus have a stabilizing effect on the insurance sector during market turmoil. Finally, the …

proxy of individual risk in the banking sector, may be a useful tool when applied in the insurance sector. However …-score approaches to examine which one best fits insurance companies. The authors use a final dataset of 183 firms (1,382 observations …) operating in the Spanish insurance sector during the period 2010-2017. Design/methodology/approach - In the first stage, the …

,382 observations) operating in the Spanish insurance sector during the period 2010-2017. This measure of risk has widely been used in … the banking literature, and it has recently been applied to the insurance sector as an indicator of financial soundness …

This paper analyzes the factors that determine the solvency of the insurance companies operating in Spain. The selected … use, longer-tailed business, and life insurance specialization. We also find that less concentrated markets and the …

The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time …