Showing 91 - 100 of 43,097
This paper attempts to portray a picture of the Private Insurance Industry in Greece. The legal and institutional … framework, currently in effect, is outlined and the position of the Greek Insurance Market in comparison to the corresponding …
Persistent link: https://www.econbiz.de/10014199567
Homeowners’ insurance, a $15 trillion market by coverage, provides households financial protection from climate losses …. Insurance premiums (rates) are subject to significant regulations at a state level in the United States. Using novel data on … provide evidence of decoupling of insurance rates from their underlying risks and identify regulation as a driving force …
Persistent link: https://www.econbiz.de/10014236266
Most insurers in the European Union determine their regulatory capital requirements based on the standard formula of Solvency II. However, there is evidence that the standard formula inaccurately reflects insurers’ risk situation and may provide misleading steering incentives. In the second...
Persistent link: https://www.econbiz.de/10014252282
on developing risk culture in banks and insurance companies over the last couple of years. However, it is difficult to …
Persistent link: https://www.econbiz.de/10014254231
credible. This article provides an empirical investigation of insurance product ratings in Germany, with an emphasis on the … disability insurance products from two rating agencies over a 15-year period. Using the existing literature as a guide, we test a …. Our results suggest no major concerns regarding the credibility of insurance product ratings …
Persistent link: https://www.econbiz.de/10013403497
We assess the capacity of the U.S. property-liability insurance industry and the efficiency of the state guaranty fund … over time under assumptions of increasing loss frequency and severity. We find that some attributes of insurance guarantees … present short-term problems for policyholders and create long-term challenges for competitive private insurance markets …
Persistent link: https://www.econbiz.de/10013491621
exports of all five broad categories of the U.K.’s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.’s export of financial and insurance services may be minor …
Persistent link: https://www.econbiz.de/10013306730
We examine whether and how institutional investors respond to mandatory climate risk disclosure. We exploit the staggered adoption of a climate risk disclosure regulation by U.S. states that made the disclosure mandatory for insurers. Leveraging detailed data on insurers' investment portfolios,...
Persistent link: https://www.econbiz.de/10013311100
to a catastrophe. Distinct from the existing literature on insurance cycles, we model optimal contracting by competitive … insurance cycle …
Persistent link: https://www.econbiz.de/10014359347
, India will become an attractive insurance market over the next decades. This paper examines the Indian insurance industry … the culmination of the Insurance Act of 1938 became the backbone of the current legislation in place. It highlights the …
Persistent link: https://www.econbiz.de/10014065537