Insurance companies often follow highly correlated investment strategies. As major investors in corporate bonds, their … following a rating downgrade. Reflective of fire-sale risk, clustering of insurance companies in a bond has significant … bond yield spreads is more evident for bonds held to a greater extent by capital-constrained insurance companies, those …

the solvency of insurance companies: policyholders are the "bankers" of insurance companies. But because policyholders are …In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate … about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, <i>When Insurers …

insurance market. The Solvency II Directive will lead to a new approach to the supervision process at the common European level …The main causes that lead to insurer’s solvency issues such as the underwriting, investment or reinsurance deficiencies … have remained the same over time. However, their incidence is increasing, as well as their complexity. Solvency II, the …

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on … small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes … natural experimental setup of the form in which the insurance was launched. We find that tobacco producers with access to the …

This paper uncovers if and how insurance companies react to shocks to collateral in their portfolio of securitized …

This paper uncovers if and how insurance companies react to shocks to collateral in their portfolio of securitized …

of insurance groups. Some jurisdictions are taking steps toward models with a focus on the groups’ consolidated balance … approaches to group-wide solvency in light of the regulatory challenges of regulatory inconsistency, risk dependencies, and risk … regulation and risk management for insurance groups, we support our line of reasoning by using a generalized model of Gatzert and …

winds, etc.) that have a severe impact on rural incomes. Weather insurance could cover the covariate risk for a community of …

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on … small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes … natural experimental setup of the form in which the insurance was launched. We find that tobacco producers with access to the …