Showing 21 - 30 of 47,791
When faced with current and future liquidity needs, investors may behave myopically by liquidating the liquid securities, leaving the remaining portfolio vulnerable to future liquidity shocks; investors may also behave strategically by holding liquidity due to precautionary or speculative...
Persistent link: https://www.econbiz.de/10013048106
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 …
Persistent link: https://www.econbiz.de/10013017611
-reach with the exception of Jordan, Lebanon and Palestine, and in most Western Asian countries, insurance companies do not see a … need to turn to low-income earners. (iii) Insurance, co-operative and NGO laws of several countries constitute constraints …
Persistent link: https://www.econbiz.de/10013022213
solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and … non-life business and we calibrate it using country level data to make it representative of the major euro area insurance …
Persistent link: https://www.econbiz.de/10012991893
This paper estimates insurance requirements against natural disasters (NDs) in the Eastern Caribbean Currency Union … (ECCU) using an insurance layering framework. The layers include a government saving fund, as well as market instruments …
Persistent link: https://www.econbiz.de/10013250095
Insurance companies and pension funds are part of complex systems of private insurance and public social protection … insurance is bound to play an increasing role. The aim of this paper is to provide an overview of the evolution of insurance … households' financial wealth. The paper finds that both insurance companies and private pensions still account for a small share …
Persistent link: https://www.econbiz.de/10013080185
Traditionally, insurers are seen as stabilisers of financial markets that act countercyclically by buying assets whose price falls. Recent studies challenge this view by providing empirical evidence of procyclicality. This paper sheds new light on the underlying reasons for these opposing views....
Persistent link: https://www.econbiz.de/10013315359
We compile a rich dataset that links institutional investors' position level holdings with corporate bond characteristics and estimate demand elasticities with respect to critical sources of risk. Persistence in institutions' holdings provide us with an instrument to isolate exogenous movements...
Persistent link: https://www.econbiz.de/10012421461
solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and … non-life business and we calibrate it using country level data to make it representative of the major euro area insurance …
Persistent link: https://www.econbiz.de/10012061973
investors' financial conditions affect the management of their portfolios? We address this issue using the insurance industry …
Persistent link: https://www.econbiz.de/10012104637