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 …

insurance group. In this paper, it is shown that premium and liability transfers could be optimally made in such a way as to … reduce the amount of Technical Provisions and Minimum Capital Requirement for the entire insurance conglomerate. These levels … of required capital represent the minimal amount that needs to be held by the insurance group without regulator …

Mortgage insurance compensates lenders for losses in the event of default by borrowers. Whether offered by private … mortgage insurance companies or the Federal Housing Administration (FHA), mortgage insurance is often required for borrowers … with insufficient wealth for a large downpayment in order to purchase a home. Consequently, mortgage insurance is …

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) …

Counter cyclical long-term investment strategies of insurance companies and pension funds (ICPFs) can support the …

The extent of regulation of insurance companies has grown significantly in recent decades. The ‘freedom with publicity … regulation of insurance companies is unlikely to achieve its declared objective and might even encourage problematic behaviours … within insurance markets. Regulation to ensure good governance and good information flows to markets may have some benefits …

The review of the Solvency II framework is the biggest and most important regulatory change of the EU insurance … because of the pandemic. Ultimately, the European Insurance and Occupational Pensions Authority (EIOPA) submitted its opinion … the positions of the International Association of Insurance Supervisors (IAIS). Subsequently, the Commission …

The insurance sector mainly consists of insurance companies, insurance agencies, brokers and reinsurers. For many years …, false damages, without being linked to money, have undoubtedly been the most attractive aspect of the insurance industry …. However, for quite some time, the insurance sector is also used by money launders to launder crime revenues due to the …

Using a sample of 50 countries during 2000-2008, this study investigates the possible impact of insurance regulations … on life insurance consumption. The evidence reveals a negative and statistically significant association between … supervisory control of the policy conditions of life annuities and pension products and life insurance consumption. A similar …