This article examines the regulatory challenges raised by recent, overlooked changes in insurance markets that have led … to a functional convergence between insurance and the broader financial sector.The law literature on financial regulation … context of insurance, and does so by applying an analytical framework that distinguishes between two “boundary problems” that …

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 … reflected in current insurance regulation (incl. upcoming Solvency II in Europe) …

Prevention and insurance are studied in an urban model with spatial heterogeneity due not only to commuting transport … costs but also to natural disaster risks. Costly insurance and charity donation both lead to low insurance purchase. While … the former leads to high prevention, the latter leads tolow prevention. In the presence of charity, implementing insurance …

should be equal to the premium charged by an insurer for cyber insurance that compensates the customer for the claims … resulting from the data security and privacy breaches. We calculate the premium for cyber insurance and the percentage coverage …

This Report support's the position by the ABA TIPS Task Force on Federal Involvement in Insurance Regulation … Modernization that the Terrorism Risk Insurance Act (TRIA) should be renewed. Although the market for terrorism insurance has … from the terrorism market, the price of terrorism insurance will rise and take-up rates will fall. Other countries facing …

considered. After the discussion of the new regulatory framework of the European insurance market, we carry out a comparative …

on competition in the insurance industry in the future …

With more than $50 trillion in assets worldwide, investment funds run by the insurance industry and pension system are … harmonizes insurance regulations in Europe, in order to reduce the risk of an insurer defaulting on its obligations and producing …

This paper investigates the role of technical reserves affecting income smoothing behavior of insurance companies. This … is one of the first attempts in the literature to trace such relationship in the insurance industry, especially at a … multi-country setting. The experience of 770 insurance firms operating in 87 countries over the 2000-2009 reveals that there …