are growing rapidly in Muslim-dominated countries where insurance density and insurance penetration are low …

or during the previous recession. However, no life insurer in the sample belonging to a life insurance holding company … contrast, life insurance entities with poor and deteriorating performance but with no access to TARP funds received a smaller …

This paper provides an overview of research and debate over whether insurance poses systemic risk, with a focus on U ….S. life insurance. It considers the Financial Stability Oversight Council (FSOC) process for designating nonbank financial … adverse consequences of designating individual insurance entities for enhanced supervision, which favor an alternative …

Does a catastrophe bond issue increase the insurance firm value to shareholders? By issuing such bonds, insurance … size on the firm's value, and a positive impact of the insurance firm's securitization experience. Our findings offer …

research stream examines Canadian directors' and officers' (D&O) insurance and finds that policy limits are positively … Canada differ on key issues relevant to securities litigation and D&O insurance. Thus, we predict and find that premiums … for disclosure of U.S. D&O insurance information, the usefulness of such disclosures may be limited because audit fees are …

Homeowners’ insurance provides households financial protection from climate losses. To improve access and affordability …, state regulators impose price controls on insurance companies. Using novel data, we construct a new measure of rate setting … overcome pricing frictions by cross-subsidizing insurance across states. We show that in response to losses in high friction …

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 …

This paper aims to present the insurance cost-of-capital computation issue. It highlights two methodologies introduced … adopted by supervisory authorities. These strategies are based either on market return of insurance companies or on the … modelling of insurance business profit and loss. We estimate a cost-of-capital rate corresponding to these basic methodologies …